Document:

EXHIBIT
      10.2 - LICENSING AGREEMENT BETWEEN INFO-HOLD, INC. AND JOEY C. HAZENFIELD DATED
      SEPTEMBER 25, 1995

     

    LICENSING
      AGREEMENT

     

    Agreement
      made and entered into as of this 25th day of September 1995, by and between
      Info-Hold,
      Inc. ("Info-Hold") ("Licensee"), an Ohio corporation with its principal place
      of
      business at 200 Technecenter
      Drive, Suite 100, Milford, Ohio 45150, and Joey C. Hazenfield ("Inventor")
      ("Licensor")
      of 2677
      Little Dry Run Road, Cincinnati, Ohio 45244.

     

    WITNESSETH:

     

    Whereas,
      Joey C. Hazenfield is the inventor of, and applicant on U.S. Patent Application.
      Serial
      No. 07/999,592, filed December 31, 1992, for an on-hold messaging system and
      methods; and

     

    Whereas,
      Info-Hold, in contemplation of the issuance of certain patent or patents, seeks
      certain rights and protections with regard to the above-referenced system and
      methods;

     

    Now
      therefore, in consideration of the mutual covenants and obligations contained
      herein, the
      parties
      agree as follows:

     

    1.  Licensor
      hereby grants to Info-hold a non-exclusive license to manufacture, use and/
      or
      sell on-hold message systems which incorporate, in whole or in part, any systems
      or methods which are part of inventor's
      on-hold message system as referenced by U.S. Patent Application, Serial No.
      07/
      999,592 and
      currently pending before the U.S. Patent and Trademark Office and as
      amended.

    

    2.  Licensor
      hereby grants to Info-Hold the non-exclusive right to grant sub-licenses, which
      may include any or all of Info-Hold's rights herein obtained from
      licensor.

    

    3.  In
      exchange for the rights herein granted above by licensor, Info-Hold agrees
      to
      pay all legal fees and costs for the prosecution of the above-referenced patent
      application and amendments thereto.

     

    4.  In
      the
      event that a patent or patents are issued to licensor for any of the
      above-referenced claims, Info-Hold shall owe a royalty to licensor of five
      (5%)
      per
      cent
      of the gross sales amount, induding
      renewals, for all on-hold message systems which employ any systems and/or
      methods covered
      by such
      patents and are sold by Info-Hold subsequent to the date of issuance of such
      patent or patents.

     

    5.  Licensee
      Info-Hold shall pay to licensor a royalty of three (3%) per cent of the amount
      of gross
      sales, induding renewals, by any Info-Hold sub-licensee; of any on-hold message
      system which is
      the
      subject of a sub-licensing arrangment contemplated by this
      agreement.

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    6.  If
      Info-Hold has paid royalties under this agreement pursuant to paragraphs 4
      and/
      or 5, above, and the underlying patent or patents are subsequently ruled
      invalid, Info-Hold shall have no recovery from licensor for royalties paid
      for
      the period in which a patent was apparently valid.

     

    7.  Payment
      of royalties under this agreement shall be made every ninety days, beginning
      from the date of issuance of any patent or patents referenced herein, and shall
      be paid upon cash receipts of direct
      sales by licensee, as enumerated in paragraph 4, above, and/ or sub-licensing
      fees or royalties, as
      enumerated in paragraph 5, above, for each ninety day period. A sale or renewal
      by any entity in which
      Info-Hold owns more than a 50% interest shall be considered a sale or renewal
      by
      Info-Hold for
      purposes
      of this agreement.

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    Page
      2 of
      2

     

    8.  Licensor
      shall have the right to inspect all such books and records of Info-Hold as
      are
      reasonably necessary to confirm that royalty payments are being timely and
      fairly made under the terms of this agreement. In the case of a dispute between
      the parties, regarding royalty payments, licensor shall have the right to an
      accounting upon 30 days written notice to Info-Hold.

     

    9.  With
      regard to certain contemplated improvements of the above-referenced system
      and
      methods, which improvements are currently known to the parties, under
      development, and presently known as the INFO-LINK system, licensee shall
      cooperate with licensor in the continued development of
      such,
      and shall be responsible for all costs and expenses of development and
      production, as well as all
      costs
      and expenses related to the prosecution of any patent applications for that
      system, or related systems, notwithstanding that licensor be the inventor and/or
      applicant for such claims.

     

    10.  Licensor
      hereby grants to Info-Hold the non-exclusive right to manufacture, use and/
      or
      sell any message system which incorporates, in whole or in part, any systems
      or
      methods which are part of licensor/inventor's on-hold message system as
      referenced in paragraph 9, except that, nothing in this agreement shall be
      construed to authorize Info-Hold to sub-license any rights, to any party or
      entity whatsoever, with regard to such systems or methods, which right to
      sub-license is being specifically witheld by licensor. Info- Hold agrees to
      pay
      to licensor a royalty of five (5%) per cent of the gross sales amount with
      respect to the products which are the subject of this paragraph, under the
      same
      terms as are provided for under paragraphs 5 and 7 herein.

     

    11.  Info-Hold
      may not assign any rights granted under this agreement without the express,
      written
      consent of licensor, which consent will not be unreasonably withheld. Licensor
      specifically
      reserves
      the right to assign his rights and interests in this agreement.

     

    12.  This
      agreement represents and incorporates the entire understanding of the parties
      with respect to the subject matter contained herein, and the parties acknowledge
      that it is intended to supercede, cancel, and terminate any prior understandings
      or representations that may have existed between them, whether expressed or
      implied, with regard to these matters. Info-Hold specifically waives any
      property rights, whether shop-rights, work for hire, or under any legal theory
      whatsoever, in any inventions or products which are the subject of this
      agreement, beyond what is granted herein.

     

    13.
      The
      provisions of this agreement are severable, and if any one or more provisions
      are determined
      to be illegal or unenforceable, in whole or in part, the remaining provisions,
      or parts
      thereof,
      shall be binding and enforceable.

     

    14.
      Subject to an adjudication by a court of competent jurisdiction that federal
      questions are involved and/ or that federal law shall govern, this agreement
      shall be construed under the laws of the State of Ohio, and all disputes arising
      hereunder shall be resolved in the state courts of Ohio.

     

    In
      witness whereof, Info-Hold, Inc., licensee, and Joey C Hazenfield, licensor,
      have executed this
      agreement at Milford, Ohio on this 25th day of September 1995.

     

    
      	 	 	 	 
	S/S_Joey
              C.
              Hazenfield	 	 	 
	
              

              Joey
                C. Hazenfield

              7345
                Eastborne Road

              Cincinnati,
                OH 45255

            	 	 	
            

    

     

    
      	 	 	 	 
	
              s/s
                Daniel J. Wood, Esq.

            	 	 	
            
	
              

              Daniel
                J. Wood, Esq., General Counsel

              INFO-HOLD,
                INC.

              4120
                Airport Road

              Cincinnati,
                OH 45226EXHIBIT
      10.3 - EXCLUSIVE LICENSE AGREEMENT BETWEEN INFO-HOLD, INC. AND JOEY C.
      HAZENFIELD DATED DECEMBER 8, 2003

     

    Exclusive
      License Agreement

     

    Whereas,
      Joey C. Hazenfield ("Hazenfield")
      is the inventor and owner of the devices, systems and methods covered under
      U.S.
      Patents 6,272,211 B1 and 5,870,461 and 5,920,616 the owner of all right's and
      title thereto; and

     

    Whereas,
      Info-Hold, Inc., ("Info-Hold") as Licensee under the Hazenfield Patents, has
      a
      compelling business interest in deterring unlicensed use and infringement of
      said Patents; and

     

    Whereas,
      Info Hold, Inc. Request from ("Hazenfield") such Exclusive agreement and
      Hazenfield Grants such Agreement.

     

    Now therefore,
      in consideration of the mutual covenants contained herein, and other
      good and
      valuable consideration, the parties agree as follows:

     

    
      	1.  	
              This
                Agreement is in partial consideration of, was contemplated by, and
                hereby
                specifically references the Licensing Agreement made between the
                parties
                on September 25, 1995. "This
                is an addendum to the existing Agreement" all provisions of prior
                agreement are incorporated by this agreement and remain in full force
                and
                effect with the exception of exclusive Rights of specified Patents
                on
                the
                face of this agreement.

            

    

    
      	2.  	
              Hazenfield
                grants to Info-Hold the sole and exclusive right to
                bring
                and/or defend any cause of action in which the subject matter involves
                any
                device, system or method
                which are part of the on-hold messaging systems and methods referenced
                by
                any of Hazenfield's listed Patents on this
                document.

            

    

    
      	3.  	
              The
                rights granted herein specifically include, but are not limited to,
                the
                right for Info-Hold to sue for present damages, past damages, and
                future
                damages, as well as injunctive or other relief, against
                any party or parties whom Hazenfield or Info-Hold believe have infringed
                any of the Patents contemplated by this
                Agreement.

            

    

    
      	   
              4.  	
              Hazenfield
                further grants to Info-Hold the right to grant sub-licenses under
                Hazenfield's Patents, including as part of any litigation or settlement
                of
                any legal action brought or defended by
                Info-Hold.

            

    

    
      	5.  	
              Info-Hold
                may not assign any rights granted under this Agreement without the
                express, written consent of
                Hazenfield.

            

    

    
      	6.  	
              Hazenfield
                agrees to cooperate with Info-Hold regarding any litigation.
                contemplated by
                this Agreement,
                but by the terms of this agreement, Hazenfield cannot and will
                not be. ,a
                Party in Interest.,.

            

    

    
      	7.  	
              The
                parties
                agree that thr :provisions of this Agreement are severable, and if
                one or
                more
                provisions are determined to be
                illegal
                qt unenforceable, in whole or in part, the remaining
                provisions, or parts.thereof, shall remain binding and
                enforceable.

            

    

    
      	8.  	
              The
                Board of
                Directors of Info-Hold, Inc has approved such an agreement and its
                provisions incorporated herein.

            

    

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    In
      witness whereof Hazenfield
      and
      Info-Hold have executed this Agreement on this
      8th of
      December, 2003.

     

    
      	 	 	 	 
	S/S_Joey
              C.
              Hazenfield	 	 	 
	
              

              Joey
                C. Hazenfield

              7345
                Eastborne Road

              Cincinnati,
                OH 45255

            	 	 	
            

    

    

    
      	 	 	 	 
	s/s
              Daniel J. Wood, Esq.	 	 	 
	
              

              Daniel
                J. Wood, Esq., General Counsel

              INFO-HOLD,
                INC.

              4120
                Airport Road

            	 	 	
            
	
            	 	 	
            
	Cincinnati, OH 45226

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