Document:

Filed by Automated Filing Services Inc. (604) 609-0244 - MobiVentures Inc. - Exhibit 10.2

EXHIBIT 10.2 

PARTNERSHIP AGREEMENT BETWEEN

MOBIVENTURES & MOVE2MOBILE & FROGGIE

Purpose 

The purpose of this agreement is to begin adding value to each
of the parties who are in negotiations to be acquired by Mobiventures (MV) and
with MV itself. This agreement will set out the terms of the partnership in
framework and the obligations of each of the parties. The general arrangement is
to share the net income derived from business generated 50/50 between Froggie
and MV. Froggie will fund “bridging finance” into MV with an agreed maximum that
Froggie of 120,000 Euros. This will be reviewed and agreed on a monthly
basis.

Background 

The aim to generate as much revenue as possible quickly by
exchanging content, applications and services between Froggie, MV & M2M and
selling content and services through the live channels that both companies have
or potential new channels that can be quickly closed. In order to do this, a
joint team will be formed with the aim of achieving defined goals. The members
of the team are: 

	•	Ian Downie 	- Mobiventures 
	•	Gordon Anderson 	- Move2Mobile 
	•	Miro Wikgren 	- Tracebit 
	•	Alex Hind 	- Froggie 
	•	Ricardo Gormon 	- Froggie 

The goal of this team is to ensure: 

	Free and fast exchange of information going forward.
  
	Monetary targets (KPI’s) that can be identified if possible or assumed
  
	Reporting to all management teams the success against the KPI’s of this
  joint initiative
  
	Creation of fortnightly news stories of success for the joint activities
  of the 3 entities ready for use in an IR campaign – purpose is to create a
  strong impression of the success of the “partnership” which will help to
  attract investors.
  
	Written reciprocal partnership agreement/contract that represents the
  activities – re-use existing contract formats as much as possible 

Target Deliverables 

From the initial meeting of the team, initial targets have been
defined to launch a number of initiatives that will generate early incremental
monthly invoicing and margin for the partnership. This list does not take into
account a number of identified opportunities that could be launched in the
1st quarter of 2008 e.g. MPolls; Smarter Booking etc. These will be
added to the milestone targets as these become clearer. The additional sales
streams below are those that are able to be launched in the next 2 months. 

Additional Sales Streams milestones for next 2 months
MobiVentures / Froggie 

  	

        Milestone 

	

        Activity 
Owner
	

        Latest 
launch
      date 
	Estimated 

        additional
      
monthly 
invoicing 	Estimated 

        monthly margin
      
for Partnership 

	Start actively selling Tracebit Games & white label
      games to known content providers/aggregators (Itouch, Buongiorno, Jet,
      Zed, Movidream, Espacio Preferente). Start actively selling Yamgo content
      to known 	Alex 	31/10/2007 	5.000 € 	1.250 € 
	content providers/aggregators (Itouch, Buongiorno, Jet,
      Zed, Movidream, Espacio Preferente). 	Alex 	31/10/2007 	1.500 € 	300 € 
	Include Tracebit and Yamgo products in MT Alerts Service
	Alex 	31/10/2007 	1.500 € 	300 € 
	Start actively marketing Mixipix – animated greeting card
      solution to be placed on high traffic web portal in time for Christmas 	Alex 	31/10/2007 	2.500 € 	1.000 € 
	Start actively marketing Mobile Acuity image recognition to
      Print Media owners for mobile campaigns 	Alex 	30/11/2007 	2.500 € 	1.000 € 
	Start actively marketing Mobile Acuity image recognition to
      Print Media owners for mobile campaigns 	Alex 	30/11/2007 	2.500 € 	1.000 € 
	Start actively selling Tracebit games, white label games to
      other sources and Spanish speaking world 	Alex 	30/11/2007 	1.500 € 	300 € 
	  	  	Sub Totals 	17.000 € 	5.150 € 
	Start actively selling Bagdad WAP Portal to MobiVentures
      Channels 	Ian 	31/10/2007 	5.000 € 	1.250 € 
	Start actively selling Froggie Content Catalogue to
      MobiVentures Channels 	Ian 	31/10/2007 	5.000 € 	1.250 € 
	Start actively selling Mobile Casino to MobiVentures
      Channels 	Ian 	31/10/2007 	5.000 € 	1.250 € 
	Start actively selling Jamango WAP Community to
      MobiVentures Channels 	Ian 	31/10/2007 	5.000 € 	1.250 € 
	Start actively selling Movilove - WAP dating portal to
      MobiVentures Channels 	Ian 	31/10/2007 	5.000 € 	1.250 € 
	Start actively selling SMS Bulk Routes to MobiVentures
      Channels 	Ian 	30/11/2007 	? 	  
	Start actively selling WAP CMS to MobiVentures Channels 	Ian 	30/11/2007 	? 	  
	Start actively selling Mob + Shop Shopping Application to
      MobiVentures Channels 	Ian 	30/11/2007 	? 	  
	Start actively selling Mobile Magazine to MobiVentures
      Channels 	Ian 	30/11/2007 	? 	  
	Start actively selling Web Products to MobiVentures
      Channels 	Ian 	30/11/2007 	? 	  
	  	  	Sub Totals 	€25.000 	€6.250 
	  	  	Totals 	€42.000 	€11.400 

Bridging Finance 

Froggie will provide the following maximum bridging finance to
Mobiventures until 31st January 2008: 

	 •
	
      30,000 Euros at 1st November

	 •
	
      30,000 Euros at 1st December provided deals
      have been signed by the partnership between 1 st November and
      1st December with a cumulative margin value equal or greater
      than 120,000 Euros on an annualized basis. For every 10,000 Euros below
      this figure the bridging finance will be reduced by 2,500 Euros

	 •
	
      30,000 Euros at 1st January 08 provided deals
      have been signed by the partnership between 1 st November and
      1st January 2008 with a cumulative margin value equal or
      greater than 240,000 Euros on an annualized basis. For every 10,000 Euros
      below this figure the bridging finance will be reduced by 2,500
    Euros

	 •
	
      30,000 Euros at 1st February 08 provided deals
      have been signed by the partnership between 1st November and
      1st February 2008 with a cumulative margin value equal or
      greater than 360,000 Euros on an annualized basis. For every 10,000 Euros
      below this figure the bridging finance will be reduced by 2,500
    Euros

Froggie will be issued with shares in Mobiventures at the
average of the 5 days preceding the date of the investment in each case. Upon
closing the acquisition of Froggie by Mobiventures the shares acquired by
Froggie will be transferred to the shareholder of Froggie and will be reflected
in the Share Exchange Agreement as an additional “payment” in shares 

Agreed by: 

	/s/ Peter Ahman 	/s/ Tom Horsey 
	...................................................... 	................................................................ 
	Peter Ahman 	Tom Horseyexhibit10a.htm

    EXHIBIT
      10.A

     

    
 

    AMENDMENT
      NO. 2 TO

    RECEIVABLES
      PURCHASE AGREEMENT

    

    AMENDMENT
      NO. 2, dated as of August 29, 2007, to the RECEIVABLES PURCHASE AGREEMENT
      dated as of August 31, 2006 and amended by Amendment No. 1 dated as of
      December 1, 2006 (the “Amended Agreement”), among
      TGP FUNDING COMPANY, L.L.C., a Delaware limited liability company, TENNESSEE
      GAS
      PIPELINE COMPANY, a Delaware corporation, as initial Servicer, STARBIRD FUNDING
      CORPORATION and the other funding entities from time to time party hereto as
      Investors, BNP PARIBAS, NEW YORK BRANCH, and the other financial institutions
      from time to time party hereto as Managing Agents, and BNP PARIBAS, NEW YORK
      BRANCH, as Program Agent.

     

    Preliminary
      Statement

     

    The
      parties hereto
      have agreed to modify the Amended Agreement in certain respects as set forth
      herein in accordance with Section 13.1 of the Amended
      Agreement.

     

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

     

    
      ARTICLE 1 
        DEFINITIONS

    

     

    1.1  Definitions.  Unless
      defined elsewhere herein, capitalized terms used in this Amendment shall have
      the meanings assigned to such terms in the Amended Agreement, as amended
      hereby.

     

    ARTICLE
      2 
AMENDMENT

     

    2.1  Amendment
      to
      Exhibit I.  Exhibit I to the Amended Agreement is hereby
      amended as follows:

     

    (a)  To
      amend and
      restate the definition of the term “Commitment Termination Date” contained
      therein to read in its entirety as follows:

     

    “Commitment
      Termination Date” means
      August 28, 2008, unless such date is extended with the consent of the parties
      hereto.

     

    ARTICLE
      3  MISCELLANEOUS

     

    3.1  Representations
      and Warranties.

     

    (a)  Each
      Seller Party
      hereby represents and warrants to the Program Agent, the Managing Agents and
      the
      Investors, as to itself that the representations and warranties of such Seller
      Party set forth in Section 5.1 of the Amended Agreement are true and
      correct in all material respects on and as of the date hereof as though made
      on
      and as of such date and after giving effect to this Amendment; and

     

    (b)  Seller
      hereby
      represents and warrants to the Program Agent, the Managing Agents and the
      Investors that, as of the date hereof and after giving effect to this Amendment,
      no event has occurred and is continuing that constitutes an Amortization Event
      or Potential Amortization Event.

     

    3.2  Effectiveness.  The
      amendment set forth in Article 2 hereof shall be effective when this
      Amendment or a counterpart hereof shall have been executed and delivered by
      Seller, Servicer, the Managing Agents and the Program Agent and consented to
      by
      the Conduit Investors and the Required Committed Investors.

     

    3.3  Amendments
      and
      Waivers.  This Amendment may not be amended, supplemented or
      modified nor may any provision hereof be waived except in accordance with the
      provisions of Section 13.1 of the Amended Agreement.

     

    3.4  Counterparts.  This
      Amendment may be executed in any number of counterparts and by different parties
      hereto in separate counterparts, each of which when so executed shall be deemed
      to be an original and all of which when taken together shall constitute one
      and
      the same agreement.

     

    3.5  Continuing
      Effect; No Other Amendments.  Except to the extent expressly
      stated herein, all of the terms and provisions of the Amended Agreement are
      and
      shall remain in full force and effect.  This Amendment shall not
      constitute a novation of the Amended Agreement, but shall constitute an
      amendment thereof.  This Amendment shall constitute a Transaction
      Document.

     

    3.6  CHOICE
      OF
      LAW.  THIS AMENDMENT SHALL BE GOVERNED BY, AND CONSTRUED IN
      ACCORDANCE WITH, THE LAWS OF THE STATE OF NEW YORK (INCLUDING
      SECTION 5-1401 OF THE GENERAL OBLIGATIONS LAW OF THE STATE OF NEW YORK, BUT
      OTHERWISE WITHOUT REGARD TO CONFLICTS OF LAW PRINCIPLES).

     

    [SIGNATURE
      PAGES FOLLOW]

     

    

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    IN
      WITNESS WHEREOF,
      the parties hereto have caused this Amendment to be executed and delivered
      by
      their duly authorized officers as of the date hereof.

     

    
      	 	TGP
              FUNDING
              COMPANY, L.L.C.	 
	 	 	 	 
	
               

            	
              By:
                

            	/s/ John
              J. Hopper	 
	 	 	Name: 
              John J. Hopper 	 
	 	 	Title: 
               	 
	 	 	 	 

    

     

    
      	 	TENNESSEE
              GAS
              PIPELINE COMPANY, as Servicer	 
	 	 	 	 
	
               

            	
              By:
                

            	/s/ John
              J. Hopper	 
	 	 	Name: 
              John J. Hopper	 
	 	 	Title:	 
	 	 	 	 

    

     

    
      	 	
              BNP
                PARIBAS,
                acting through its New York Branch, as Program Agent and as Managing
                Agent
                for the Starbird Investor Group

            	 
	 	 	 	 
	
               

            	
              By:
                

            	/s/ Sean
              Reddington	 
	 	 	Name: 
              Sean Reddington	 
	 	 	Title:    
              Managing Director 	 
	 	 	 	 
	 	 By:
              	/s/
              Michael
              Gonik	 
	 	 	Name: 
              Michael Gonik	 
	 	 	Title:    
              Director	 

    

     

    CONSENTED
      TO:

     

    
      	
              STARBIRD
                FUNDING CORPORATION,

                 
                as Conduit Purchaser

            
	 	 
	
              By:
                

            	/s/ Geraldine
              St-Louis
	 	Name: 
              Geraldine St-Louis
	 	Title:    
              Vice President
	 	 

    

     
      	
              BNP
                PARIBAS,
                acting through its New York Branch,

                  as
                Committed
                Investor

            
	 	 
	
              By:
                

            	/s/ Sean
              Reddington
	 	Name: 
              Sean Reddington
	 	Title:    
              Managing Director
	 	 

    

     

    
      	
              By:
                

            	/s/ Michael
              Gonik
	 	Name:  Michael
              Gonik
	 	Title:    
              Director
	 	 

    

     

    
      [Signature
        pages to Amendment No. 2 to 

      TGP
        Receivables
        Purchase Agreement]

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