Document:

ex10_6.htm

    
      

    

    Exhibit
      10.6

    

    
      	
              US
                $40,000.00

            	
              October
                16, 2007

            

    

    

    BRIDGE
      LOAN

    PROMISSORY
      NOTE

    (Non-Negotiable)

    

    FOR
      VALUE
      RECEIVED, the undersigned, Remote Knowledge, Inc., a Delaware corporation
      (“Maker”), promises to pay to the order of Sylvia Granader, or any
      successor holder of this Note (“Holder”), at Holders office, or such
      other place as Holder may designate, the principal amount of Forty Thousand
      Dollars ($40,000).

    

    1.           Interest.
      As soon as practical after delivery of this Note to Holder and transfer of
      funds
      to Maker, Maker shall deliver to Holder Thirteen Thousand Three Hundred
      Thirty-four shares (13,334) of common stock of Maker issued in the name of
      Holder as interest. Holder shall be entitled to retain all such shares
      regardless whether the Note may be prepaid. At the end of each month following
      default in payment of principal and continuing until principal is paid in full,
      Four Thousand Four Hundred Forty-five shares (4,445) of Makers common stock
      shall be delivered to Holder.

    

    2.           Payments.  All
      outstanding principal shall be payable on October 31, 2007 (the “Maturity
      Date”).

    

    3.           Prepayment.  Maker
      may pay all or any part of the principal owing on this Note at any time or
      times
      prior to maturity without payment of any premium or penalty.

    

    4.           Default.  Each
      of the following events shall constitute an event of default (“Event of
      Default”) and Holder, in addition to any remedies available to it at law or
      in equity, shall thereupon have the option to declare Maker in default under
      this Note and declare due all obligations of Maker to Holder (it also being
      understood that the occurrence of any of the Events of Default set forth in
      subsections (c) or (d) automatically shall constitute an Event of Default and
      cause an immediate acceleration of Maker's indebtedness to Holder):

    

    (a)  the
      failure of
      Maker to make any payment required hereunder when due;

    

    (b)  default
      by Maker
      in the performance or observance of any other term, covenant, condition or
      obligation contained in this Note, which default is not cured within 15 days
      after Maker's written notice thereof;

    

    (c)  the
      filing of any
      petition by Maker under any provision of the Federal Bankruptcy Code or any
      state law relating to insolvency; or the filing of any such petition against
      Maker, unless such petition and all proceedings thereunder are dismissed within
      60 days from such filing; or the appointment of a trustee or receiver for all
      or
      any assets of Maker, unless such appointment is vacated or dismissed within
      60
      days from the date of such appointment;

    

    (d)  an
      adjudication
      that Maker is insolvent or bankrupt.

    

    5.           Collection
      Costs.  Upon the occurrence of any Event of Default, Maker agrees
      to pay Holder, upon demand, any and all costs, expenses and fees, including
      without limitation, reasonable attorneys' fees incurred before or after suit
      is
      commenced in order to enforce payment hereof, and in the event suit is brought
      to enforce payment hereof, that such costs, expenses and fees shall be
      determined by a court proceeding without a jury.

    

    6.           Waiver.  Maker
      hereby acknowledges and agrees that the failure by Holder to insist upon Maker's
      strict performance of this Note or the failure by Holder to exercise its
      remedies hereunder shall not be deemed a waiver of such default, and shall
      not
      be a waiver by Holder of any of Holder's rights or remedies hereunder or at
      law
      or in equity.

    
      
         

      

      
         

        
          

        

      

      
         

      

    

    7.           Transfer.  This
      Note is not transferable by the Holder without the express written permission
      of
      Maker which shall not be unreasonably withheld.

    

    8.           Governing
      Law.  All amounts payable hereunder are payable in lawful money
      of the United States of America.  This Note shall be governed by and
      construed in accordance with the laws of the State of Texas, without regard
      to
      its conflicts of laws principles.

    

    9.           Representations
      and Warranties of Maker.  Maker hereby represent and warrants to
      Holder as follows:

    

         
      (a)  Maker has full power, authority and capacity to issue this
      Note and to perform and comply with all covenants and obligations contained
      herein.

     

         
      (b)  This Note has been duly executed and delivered by Maker
      and constitutes the legal, valid and binding obligations of Maker, enforceable
      against Maker in accordance with its terms, subject to bankruptcy, insolvency,
      reorganization, moratorium or other similar laws now or hereafter in effect
      relating to creditors' rights generally.

    

    IN
      WITNESS WHEREOF, this Note has been duly executed to be effective as of the
      16th
      day of October, 2007.

    

    

    

    
      	
              Holders
                Address

            	
              Maker:

            
	 	
              REMOTE
                KNOWLEDGE, INC.,

            
	 	
              a
                Delaware Corporation

            
	 	 
	 	
              By:  /s/
                Henry Houston

            
	 	 
	 	
              Name:  Henry
                Houston

            

    

    

     

    2ex10_7.htm

    
      

    

    Exhibit
      10.7

    OPT00003

    

    REMOTE
      KNOWLEDGE, INC.

    

    STOCK
      OPTION GRANT NOTICE

    UNDER
      THE STOCK OPTION PLAN

    

    Remote
      Knowledge, Inc., a Delaware corporation (the “Company”), pursuant to its Omnibus
      Stock and Incentive Compensation Plan 2006 (the “Plan”) formally adopted by the
      Board of Directors on September 7, 2006, attached, hereby grants to the Optionee
      named below an option to purchase the number of shares of the Company Common
      Stock set forth below.  This option is subject to all of the terms and
      conditions set forth herein and in the attached Stock Option
      Agreement.

    

    Optionee: William
      H. Moody

    Date
      of Grant: August 13, 2007

    Shares
      Subject to Option: 180,000

    Exercise
      Price Per Share: $0.65

    Expiration
      Date: August 13, 2012

    

    
      	
              £ 
                Incentive Stock Option

            	
              T  Non-statutory
                Stock Option

            

    

    

    

    Vesting
      Schedule:  This option shall vest and become exercisable in the
      following installments based on the Optionee’s Continuous Status as an
      Employee.

    

    
      	
              Number
                of Shares (Installment)

            	
              Date
                of Earliest Exercise (Vesting)

            
	
              15,000

            	
              November
                13, 2007

            
	
              15,000

            	
              February
                13, 2008  

            
	
              15,000

            	
              May
                13, 2008          
                

            
	
              15,000

            	
              August
                13, 2008      

            
	
              15,000

            	
              November
                13, 2008

            
	
              15,000

            	
              February
                13, 2009    

            
	
              15,000

            	
              May
                13, 2009          
                

            
	
              15,000

            	
              August
                13, 2009      

            
	
              15,000

            	
              November
                13, 2009

            
	
              15,000

            	
              February
                13, 2010    

            
	
              15,000

            	
              May
                13, 2010          
                

            
	
              15,000

            	
              August
                13, 2010     

            

    

    

    

    In
      addition, this option shall become fully vested pursuant to the terms specified
      in Section 6 of the Plan.

    

    Payment:  Payment
      for options exercised here under shall be made by any method specified in
      Article 6.6 of the Plan.

    

    Additional
      Terms/Acknowledgements:  The Optionee acknowledges receipt of, and
      understands and agrees to, this Grant Notice, the Stock Option Agreement and
      the
      Plan.  Optionee acknowledges that as of the date of grant set forth
      above, this Grant Notice, the Stock Option Agreement and the Plan set forth
      the
      entire understanding between the Optionee and the Company regarding the
      acquisition of stock in the Company and supersede all prior oral and written
      agreements on that subject with the exception of: (1) options previously granted
      and delivered to the Optionee under the Plan, and (2) the following agreements
      only:

    

    

    Other
      Agreements:

    NONE

    
      

    

    
      

    

    
      
         

      

      
         

        
          

        

      

      
         

      

    

    Exhibit
      10.7

    OPT00003

     

    
      
        

      

    

    
      	
              REMOTE
                KNOWLEDGE, INC.,  

            	
              William
                H. Moody  

            
	
              a
                Delaware corporation  

            	   
	   	   
	   	   
	
              By:

            	 	 	
              By:

            	 	 
	   	   
	
              Printed
                Name:   

            	 	 	
              Printed
                Name:   

            	 	 
	   	   
	
              Title:

            	 	 	
              Date:

            	 	 
	   	   
	
              Date:

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