Document:

AMS6500 Software Agreement dated April 11, 2004

 Confidential Portions of this Document Have Been 
 Redacted and Filed Separately with the Commission 
  
 Exhibit 10.28 
  
 AMSS6500 SOFTWARE AGREEMENT 
  
 This AMSS6500 Software Agreement (the “Agreement”) is entered into as of April 11, 2004, (the “Effective Date”), by and between QUALCOMM Incorporated, a Delaware corporation
(“QUALCOMM”) and Axesstel, Inc., a California corporation (“LICENSEE”). 
  
 RECITALS 
  
 WHEREAS, QUALCOMM and LICENSEE have entered into that certain Subscriber Unit License Agreement dated November 4, 2000 (the “License Agreement”) pursuant to which QUALCOMM granted LICENSEE a license under certain QUALCOMM
intellectual property to develop, manufacture and sell certain Code Division Multiple Access (“CDMA”) subscriber equipment; and 
  
 WHEREAS, in accordance with the terms and conditions of this Agreement, QUALCOMM is willing to deliver a copy of the Software (as defined below) to
LICENSEE; and 
  
 WHEREAS, LICENSEE desires to receive a copy of
the Software for its use in accordance with the terms and conditions of this Agreement. 
  
 AGREEMENT 
  
 NOW, THEREFORE, the
parties, in consideration of the mutual promises set forth herein, agree as follows: 
  
 1. DEFINITIONS. The following capitalized terms shall have the meanings set forth below: 
  
 “Affiliate” has the meaning given to it in the License Agreement. 
  
 “CDMA ASICs” means QUALCOMM’s 6500 version of the mobile station modem (MSM) CDMA application specific
integrated circuit. 
  
 “CMX SW” means
QUALCOMM’s Compact Media Extensions software and any updates thereto provided by QUALCOMM to LICENSEE, which in QUALCOMM’s sole discretion, may be in either source code and/or object code form, designed for operation with the applicable
MSM5xxx and MSM6xxx versions of QUALCOMM’s CDMA ASICs; provided that LICENSEE has entered into a license agreement with QUALCOMM covering QUALCOMM’s Dual-Mode Subscriber Station Software (“DMSS”) or Advanced Mobile Subscriber
Station Software (“MSS”), as applicable, designed for use with the corresponding MSM5xxx or MSM6xxx version of QUALCOMM’s CDMA ASIC. The CMX SW is incorporated in QUALCOMM’s DMSS or AMSS software and enables QUALCOMM’s
designated mobile station modems (MSMs) to control the display of textual and/or graphical and/or animation and/or audio output while simultaneously synthesizing music and/or other sounds in a time sequenced manner. The CMX SW may include some or
all of the following: (i) QUALCOMM’s Qsynth wavetable synthesizer, (ii) Compact MIDI format compatible player, 
  

 1 

 Confidential Portions of this Document Have Been 
 Redacted and Filed Separately with the Commission 
  
 (iii) PNG and/or other graphics decoder, (iv) software for moving object animation support, (v) an audio decoder and (vi) text-to-sound synchronization display software.

  
 “CMX Unit” means a Subscriber Unit that
incorporates (i) any of the CMX SW delivered from time to time to LICENSEE, and (ii) DMSS or AMSS software licensed under any in-force DMSS or AMSS agreement which LICENSEE has explicitly entered with QUALCOMM designed for use with the corresponding
MSM5xxx, or MSM6xxx, version of QUALCOMM’s CDMA ASIC, and is capable (whether as provided, or may be made so by an end-user or service provider) of synchronizing graphical and/or audio and/or textual output with music and/or sound generation
processing. 
  
 “License Agreement” means that
certain Subscriber Unit License Agreement dated November 14, 2000 between QUALCOMM and LICENSEE. 
  
 “LICENSEE” means Axesstel, Inc., a California corporation. 
  
 “MSM Mobile Video SW” means software described in the attached Exhibit B of this Agreement and any updates
thereto provided by QUALCOMM to LICENSEE, which in QUALCOMM’s sole discretion, may be in either source code and/or object code form, designed for operation with the applicable MSM6xxx version of QUALCOMM’s CDMA ASICs; provided that
LICENSEE has entered into a license agreement with QUALCOMM covering QUALCOMM’s DMSS or AMSS software, as applicable, designed for use with the corresponding MSM6xxx version of QUALCOMM’s CDMA ASIC. The MSM Mobile Video SW is incorporated
in QUALCOMM’s DMSS or AMSS software and consists of three (3) main functional components and their associated protocol stacks and reference user interface, more fully described as follows: (i) ”Qtv” an MPEG-4 based video decoder
implementation inclusive of AAC and/or aacPlus audio, (ii) ”Qcamcorder” a real time MPEG-4 based offline video encoder implementation, and (iii) ”Qvideophone”, an MPEG-4 based point-to-point two way video telephone
implementation. 
  
 “MMV Unit” means a Subscriber
Unit that incorporates any of the MSM Mobile Video SW or component thereof. 
  
 “Party” means QUALCOMM or LICENSEE and “Parties” means QUALCOMM and LICENSEE. 
  
 “QBT SW” means QUALCOMM’s Bluetooth technology software profiles as more fully described on Exhibit C (including any updates thereto
provided by QUALCOMM from time to time); provided that LICENSEE has an in-force software license agreement with QUALCOMM covering QUALCOMM’s Advanced Mobile Subscriber Station Software (“AMSS”) or Dual-Mode Subscriber Station Software
(“DMSS”) designed for use with such corresponding CDMA ASIC. The QBT SW is incorporated in QUALCOMM’s AMSS or DMSS software and enables QUALCOMM’s designated CDMA ASICs the ability to control data and audio transfers and
synchronization through wireless connections between stationary devices, handheld devices and other peripheral equipment. The QBT SW may include some or all of the following components and profiles each further defined by the Bluetooth standard: (i)
Baseband, Link Manager Protocol (LMP), (ii) Logic Link Control and Adaptation Protocol (L2CAP), (ii) Serial Port 
  

 2 

 Confidential Portions of this Document Have Been 
 Redacted and Filed Separately with the Commission 
  
 Profile (SPP), (iii) Service Discovery Protocol (SDP) and (iv) Generic Access Profile (GAP). The QBT SW is provided in source or object code form as determined by
QUALCOMM in its sole discretion. 
  
 “QBT Unit”
means a Subscriber Unit that incorporates any of the QBT SW delivered by QUALCOMM to LICENSEE from time-to-time. 
  
 “QUALCOMM” means QUALCOMM Incorporated. 
  
 “Software” means the Advance Mobile Subscriber Station Software, which in QUALCOMM’s sole discretion, may be in either source code
and/or object code form, designed for use with QUALCOMM’s MSM6500 version of the CDMA ASIC, as described more fully in Exhibit A of this Agreement. 
  
 “Subscriber Unit” has the meaning given to it in the License Agreement. 
  
 2. SOFTWARE. 
  
 2.1 Delivery of Software. QUALCOMM shall deliver the Software in the releases described in Exhibit A. QUALCOMM shall make
commercially reasonable efforts to deliver such releases in accordance with the schedule described in Exhibit A. However, QUALCOMM shall have the right, at its sole discretion, to reschedule the releases as required, change the number of phases
and/or releases, and/or modify the functionality contained in each phase and/or release. For a period ending [***] after the final release described in Exhibit A (the “Standard Support Period”), QUALCOMM shall deliver bug fixes and
other upgrades to the Software that it generally makes available to other Software licensees. At LICENSEE’s request [***], QUALCOMM shall provide Software support for the [***] period immediately following the expiration of Standard Support
Period. 
  
 2.2 Payment for Software. In
consideration for the delivery of the Software and the rights granted to LICENSEE under Section 4 to use the Software in the development of its Subscriber Units, LICENSEE shall pay to QUALCOMM [***] 
  
 [***] 
  
 2.3 [***] 
  
 2.3.1 [***] 
  
 2.3.2 [***] 
  
 2.3.3 [***] 
  
 3. Records and Audits. 
  
 3.1 Records. LICENSEE shall keep accurate and complete books and records concerning any CMX, MMV and QBT Units it and its Affiliates
may sell. As applicable, such books and records shall include the date of the transaction involving the sales of CMX, MMV 
  

 3 

 Confidential Portions of this Document Have Been 
 Redacted and Filed Separately with the Commission 
  
 and QBT Units, including the number of items sold. LICENSEE shall furnish QUALCOMM within [***] after the end of each calendar quarter a report, signed by a responsible
official of LICENSEE, showing the transactions and corresponding CMX, MMV and QBT Unit volumes during said calendar quarter and any other information as may be reasonably requested by QUALCOMM. 
  
 3.2 Audits. QUALCOMM may, no more than [***] and,
conduct (itself or through its agent) an audit on reasonable notice of LICENSEE’s and its Affiliates applicable books and records to confirm the [***] Fees paid or to be paid to QUALCOMM in accordance with the terms and conditions set forth in
this Agreement. The cost of such audit shall be borne by [***]. LICENSEE shall preserve and maintain all such books and records required for audit for a period of [***] after the calendar quarter for which the books and records apply. 
  
 4. RIGHT TO USE. LICENSEE may use the Software solely to
develop, manufacture, sell, upgrade and repair Subscriber Units which incorporate QUALCOMM’s CDMA ASIC in accordance with and subject to the terms and conditions of the License Agreement, including the payment of royalties on Subscriber Units.
As reasonably necessary to develop, manufacture, sell, upgrade and repair Subscriber Units in accordance with and subject to the terms and conditions of the License Agreement, LICENSEE shall have the right to (i) alter, modify, translate or adapt
only that portion of the Software provided in source code form or create derivative works based thereon; (ii) use or copy the Software for archival purposes, and (iii) sublicense the object code only of the Software or derivative works solely when
embedded in Subscriber Units which incorporate QUALCOMM’S CDMA ASIC in conjunction with the sale of such Subscriber Units in accordance with and subject to the terms and conditions of the License Agreement. LICENSEE shall have no right to (a)
sublicense, transfer or otherwise disclose the Software in source code form to any third party (other than Affiliates of LICENSEE in accordance with Section 11), or (b) reverse engineer, reverse assemble or reverse compile that portion of the code
provided in object code form. Except as expressly permitted above, LICENSEE shall not use the Software for any other purpose. QUALCOMM retains all ownership rights in and to the Software and derivative works and nothing herein shall be deemed to
grant any right to LICENSEE under any of QUALCOMM’s patents (such rights, if any, being granted only under the terms of the License Agreement). 
  
 LICENSEE may not (and may not permit its Affiliates, subcontractors, sub-licensees, or distributors) activate or use the capability contained within the
Software to download BREWTM wireless applications
or content, without LICENSEE or such other party first entering into a separate license agreement with QUALCOMM related thereto. 
  
 5. WARRANTY DISCLAIMER. QUALCOMM MAKES NO WARRANTIES, EXPRESS OR IMPLIED, WITH RESPECT TO THE SOFTWARE OR ANY OTHER INFORMATION OR
DOCUMENTATION PROVIDED UNDER THIS AGREEMENT, INCLUDING BUT NOT LIMITED TO ANY WARRANTY OF MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE OR AGAINST INFRINGEMENT, OR ANY EXPRESS OR IMPLIED WARRANTY ARISING OUT OF TRADE USAGE OR OUT OF A COURSE
OF DEALING OR COURSE OF PERFORMANCE. NOTHING CONTAINED IN THIS AGREEMENT SHALL BE CONSTRUED AS (I) A WARRANTY OR REPRESENTATION BY QUALCOMM AS TO THE VALIDITY OR SCOPE OF ANY 
  

 4 

 Confidential Portions of this Document Have Been 
 Redacted and Filed Separately with the Commission 
  
 PATENT, COPYRIGHT OR OTHER INTELLECTUAL PROPERTY RIGHT OR (II) A WARRANTY OR REPRESENTATION BY QUALCOMM THAT ANY MANUFACTURE OR USE WILL BE FREE FROM INFRINGEMENT OF
PATENTS, COPYRIGHTS OR OTHER INTELLECTUAL PROPERTY RIGHTS OF OTHERS, AND IT SHALL BE THE SOLE RESPONSIBILITY OF LICENSEE TO MAKE SUCH DETERMINATION AS IS NECESSARY WITH RESPECT TO THE ACQUISITION OF LICENSES UNDER PATENTS AND OTHER INTELLECTUAL
PROPERTY OF THIRD PARTIES. 
  
 6. INTELLECTUAL
PROPERTY. This Agreement does not convey to LICENSEE any intellectual property rights in the Software, including but not limited to any rights under any patent, trademark, copyright, or trade secret. Except as expressly provided in this
Agreement, LICENSEE may not use or sublicense Software, alone or in combination with other software or products, without a separate license from QUALCOMM under all applicable patents, copyrights and trademarks. LICENSEE’s use and sale of any
Subscriber Unit incorporating QUALCOMM’s CDMA ASIC and all or any part of the Software shall be solely in accordance with the terms and conditions of the License Agreement. This Agreement shall not modify or abrogate LICENSEE’s obligations
under the License Agreement, including but not limited to LICENSEE’s obligation to pay all royalties specified thereunder for use of any licensed QUALCOMM intellectual property (including the Software), and shall not expand or alter
LICENSEE’s rights thereunder. Neither the delivery of any Software, nor any provision of this Agreement shall be construed to grant to LICENSEE either expressly, by implication or by way of estoppel, any license under any patents or other
intellectual property rights of QUALCOMM covering or relating to any other product or invention or any combination of Software with any other product. 
  
 7. REPRESENTATION REGARDING USE. LICENSEE hereby represents and warrants to QUALCOMM that the Software will be used by LICENSEE
solely to develop Subscriber Units which incorporate QUALCOMM’s CDMA ASIC for manufacture and sale subject to and in accordance with the License Agreement, including the payment of the royalty contained therein. 
  
 8. TERM AND TERMINATION. 
  
 8.1 Termination of License Agreement. This Agreement
shall commence on the Effective Date and shall, unless earlier terminated, continue until any termination of the License Agreement. 
  
 8.2 Termination by Either Party. This Agreement may be terminated by a party which is not in material breach hereunder, by
written notice to the other party, following the occurrence of any material breach by such other Party of any material provision of this Agreement, which material breach is (if capable of being cured) not cured within thirty (30) days after receipt
of such notice. 
  
 8.3 Remedies on
Termination. In the event of any termination of this Agreement, LICENSEE shall immediately (i) return to QUALCOMM the Software, and any copies or updates thereof and (ii) cease using, or permitting to be used, the Software and any
adaptation, modification, derivation or translation thereof, except that no termination hereof shall 
  

 5 

 Confidential Portions of this Document Have Been 
 Redacted and Filed Separately with the Commission 
  
 cause the termination of any existing sublicense to any purchaser of LICENSEE’s Subscriber Units incorporating the Software or any adaptation, modification,
derivation or translation thereof. Any termination or expiration of this Agreement under this Section 8 shall not prejudice the right to recover any sums due or accrued at the time of such termination or expiration (including the full amount of the
Up-Front Fee) and shall not prejudice any cause of action or claim accrued or to accrue on account of any breach or default. No termination hereunder shall limit the rights of LICENSEE to sell those Subscriber Units in inventory or in process at the
time of termination, subject to payment of the royalty applicable to the sale of such Subscriber Units under the License Agreement and continued compliance with the other provisions of this Agreement and the License Agreement. 
  
 8.4 Additional Remedy on Termination. In
addition to the remedies provided above in Section 8.3, any termination or expiration of this Agreement under this Section 8 shall not relieve LICENSEE from its obligation for payment of accrued [***] Fees or other fees due or accrued at the time of
such termination or expiration. 
  
 9.
TAXES. All amounts stated herein and/or required to be paid hereunder are stated in, and shall be paid in, U.S. Dollars. [***] 
  
 10. LIMITATION OF LIABILITY. 
  

10.1 IN NO EVENT SHALL QUALCOMM BE LIABLE TO LICENSEE AND ITS AFFILIATES FOR ANY INCIDENTAL, CONSEQUENTIAL OR SPECIAL DAMAGES, INCLUDING BUT NOT
LIMITED TO ANY LOST PROFITS, LOST SAVINGS, OR OTHER INCIDENTAL DAMAGES, ARISING OUT OF THE USE OR INABILITY TO USE, OR THE DELIVERY OR FAILURE TO DELIVER, ANY OF THE SOFTWARE, EVEN IF QUALCOMM HAS BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGES. THE
FOREGOING LIMITATION OF LIABILITY SHALL REMAIN IN FULL FORCE AND EFFECT REGARDLESS OF WHETHER LICENSEE’S REMEDIES HEREUNDER ARE DETERMINED TO HAVE FAILED OF THEIR ESSENTIAL PURPOSE. 
  
 10.2 IN ADDITION TO SECTION 10.1, THE ENTIRE LIABILITY OF QUALCOMM, AND THE SOLE AND EXCLUSIVE REMEDY OF LICENSEE,
FOR ANY CLAIM OR CAUSE OF ACTION ARISING HEREUNDER (WHETHER IN CONTRACT, TORT, OR OTHERWISE) SHALL NOT EXCEED [***]. 
  
 11. RESTRICTIONS ON DISCLOSURE AND USE. All documentation and technical and business information and intellectual property in
whatever form recorded that a Party does not wish to disclose without restriction (“Information”) shall remain the property of the furnishing Party and may be used by the receiving Party only as follows. Such Information (a) shall
not be reproduced or copied, in whole or part, except for use as expressly authorized in this Agreement; (b) shall, together with any full or partial copies thereof, be returned or destroyed when no longer needed or upon any termination of this
Agreement; and (c) shall be disclosed only to employees or agents of a Party and Affiliates of a Party, all with a need to know. Such Affiliates or agents shall enter into a nondisclosure agreement with the receiving Party setting forth the
obligations substantially equal to those herein prior to the disclosure of Information by receiving Party to such Affiliates or agents. Moreover, such Information shall be 
  

 6 

 Confidential Portions of this Document Have Been 
 Redacted and Filed Separately with the Commission 
  
 used by the receiving Party only for the purposes contemplated under this Agreement or in the exercise of its rights it may receive expressly under the provisions of this
Agreement. Unless the furnishing Party consents in this Agreement or otherwise in writing, such Information shall be held in strict confidence by the receiving Party. The receiving Party may disclose such Information to other persons, upon the
furnishing Party’s prior written authorization, but solely to perform acts which this clause expressly authorizes the receiving Party to perform itself and further provided such other person agrees in writing (a copy of which writing will be
provided to the furnishing Party at its request) to the same conditions respecting use of Information contained in this clause and to any other reasonable conditions requested by the furnishing Party. These restrictions on the use or disclosure of
Information shall not apply to any Information: (i) which can be proven to be or have been independently developed by the receiving Party or lawfully received free of restriction from another source having the right to so furnish such Information;
or (ii) after it has become generally available to the public without breach of this Agreement by the receiving Party; or (iii) which at the time of disclosure to the receiving Party was known to such Party free of restriction and clearly evidenced
by documentation in such Party’s possession; or (iv) which the disclosing Party agrees in writing is free of such restrictions. 
  
 12. SCOPE OF INFORMATION. Information is subject to Section 11 whether delivered orally or in tangible form and without regard to
whether it has been identified or marked as confidential or otherwise subject to Section 11. Each Party agrees to use its best efforts to mark or otherwise identify proprietary all Information they desire to be subject to the terms of these
provisions before furnishing it to the other Party. And, upon request, a Party shall promptly identify whether specified information must be held by the requesting Party subject to Section 11. Information which is delivered orally may be summarized
in writing by the disclosing Party and delivered to the receiving Party within forty-five (45) days after disclosure thereof. 
  
 13. ASSIGNMENT. LICENSEE shall not assign this Agreement or any right or interest under this Agreement, nor delegate any obligation
to be performed under this Agreement without QUALCOMM’s prior written consent. Any attempted assignment in contravention of this Section shall be void. 
  
 14. APPLICABLE LAW. This Agreement is made and entered into in the State of California and shall be governed by and construed and
enforced in accordance with the laws of the State of California, excluding the U.N. Convention on International Sale of Goods, without regard to conflict of laws principles. Any dispute, claim or controversy arising out of or relating to this
Agreement, or the breach or validity hereof, shall be adjudicated only by a court of competent jurisdiction in the county of San Diego, State of California, and each Party hereby consents to the personal jurisdiction of such courts for that purpose.
In the event of any proceeding to enforce the provisions of this Agreement, the prevailing Party (as determined by the court) shall be entitled to reasonable attorneys’ fees as fixed by the court. 
  
 15. FORCE MAJEUJRE. Neither Party shall be in default or
liable for any loss or damage resulting from delays in performance or from failure to perform or comply with terms of this Agreement (other than the obligation to make payments, which shall not be affected by this provision) due to any causes beyond
its reasonable control, which causes include but are not limited to Acts of God or the public enemy; riots and insurrections; war; fire; strikes and other 
  

 7 

 Confidential Portions of this Document Have Been 
 Redacted and Filed Separately with the Commission 
  
 labor difficulties (whether or not the Party is in a position to concede to such demands); embargoes; judicial action; lack of or inability to obtain export permits or
approvals, necessary labor, materials, energy, components or machinery; and acts of civil or military authorities. 
  
 16. LATE CHARGE. Each Party may charge the other a late charge, with respect to any. amounts that the other owes hereunder and fails
to pay on or before the due date, in an amount equal to [***], or the maximum amount permitted by law. 
  
 17. MISCELLANEOUS PROVISIONS. No addition or modification of the Agreement shall be effective unless made in writing and signed by
the respective representatives of QUALCOMM and LICENSEE. Any delay or failure to enforce at any time any provision of the Agreement shall not constitute a waiver of the right thereafter to enforce each and every provision thereof. If any of the
provisions of the Agreement is determined to be invalid, illegal, or otherwise unenforceable, the remaining provisions shall remain in full force and effect. The Parties’ rights and obligations which by their sense and context are intended to
survive any termination or expiration of this Agreement shall so survive, including but not limited to Sections 6, 7, 10, 11, 12, and 14 hereof. 
  
 IN WITNESS WHEREOF, the Parties hereto have caused this Agreement to be executed as of the Effective Date first set forth above. 
  

			
	 QUALCOMM Incorporated
	 	Axesstel, Inc.
		
	 By:/s/ James P.
Lederer                                       
           
	 	By:/s/ David
Morash                                       
 
		
	 Print Name: James P.
Lederer                                       
 
	 	Print Name: David
Morash                              
		
	 Title: Vice President, Finance
QUALCOMM CDMA Technologies
	 	Title:
President/COO                                      
 

  

 8 

 Confidential Portions of this Document Have Been 
 Redacted and Filed Separately with the Commission 
  
 EXHIBIT A 
 “AMSS6500
Software” 
  
 Advance Mobile Subscriber Station (AMSS)
6500 Software: The AMSS6500 Software controls the operation of QUALCOMM’s Subscriber Unit Reference (SURF) board incorporating QUALCOMM’s MSM6500 CDMA ASIC. The AMSS6500 Software will be delivered in phases as described below.

  
 1. Release 1.0 is scheduled to contain the following features and will be
designed to operate generally in accordance with the following standards: 
  
 A.
CDMA Standards: 
 [***] 
  
 B. Application Program Interfaces and Sample Applications: 
 [***]

  
 C. Data Rate Support: 
 [***] 
  
 D. Software Protocols Support: 
 [***] 
  
 E. Drivers and Hardware Support: 
 [***] 
  
 F. Voice and Multimedia Support 
 [***] 
  
 Release 1.0 is scheduled for the second calendar quarter of 2003 (or 10 days after the Effective Date, whichever is later). 
  
 2. Release 2,0 of the Software includes the same features as Release 1.0 with the following additions: 
  
 A. CDMA Standards: 
 [***] 
  
 B. Application Program Interfaces and Sample Applications 
 [***] 
  
 C. Drivers and Hardware Support: 
 [***] 
  
 D. Voice and Multimedia Support: 
 [***] 
  

 9 

 Confidential Portions of this Document Have Been 
 Redacted and Filed Separately with the Commission 
  
 Release 2.0 is scheduled for the third calendar quarter of 2003 (or 10 days after the Effective Date, whichever is later). 
  
 3. Release 3.0 of the Software contains the same features listed in Release 1.0 and 2.0 with
the following additions: 
  
 A. Drivers and Hardware Support: 

[***] 
  
 B. Application Program Interfaces and Sample Applications: 
 [***] 
  
 Release 3.0 is scheduled for the fourth calendar quarter of 2003 (or 10 days after the Effective Date, whichever is later). 
  
 4. Release 4.0 of the Software contains updates to the features listed in Release 1.0, 2.0
and 3.0 and is scheduled for the first calendar quarter of 2004 (or 10 days after the Effective Date, whichever is later). 
  
 5. Release 5.0 of the Software contains the same features listed in Release 1.0, 2.0, 3.0 and 4.0 with the following additions: 
  
 A. Drivers and Hardware Support: 
 [***] 
  
 Release 5.0 is scheduled for the second calendar quarter of 2004 (or 10 days after the Effective Date, whichever is later). 
  
 6. The following features are not supported in any Release of the Software: 
 [***] 
  

 10 

 Confidential Portions of this Document Have Been 
 Redacted and Filed Separately with the Commission 
  
 EXHIBIT B 
  
 MSM Mobile Video Software Family 
  
 [***][4 pages] 
  

 11 

 Confidential Portions of this Document Have Been 
 Redacted and Filed Separately with the Commission 
  
 EXHIBIT C 
 QBT Features and
Release Schedule 
  
 [***] 
  

 12Offer Letter for Alireza Saifi

 Exhibit 10.29 
  
 July 2, 2004 
  
 Mr. Alireza Saifi 
  
 Dear Alireza Saifi: 
  
 On behalf of
Axesstel, Inc. (Axesstel), I am pleased to offer of employment to you for the position of VP/Finance working in our US office and, reporting to Mr. David Morash. Your date of employment is anticipated to be on July 8, 2004. 

 

					
	 	 	 Annual Base Salary:
	  	U.S. $155,000 paid semi-monthly.
			
	 	 	 Stock Options:
	  	As an employee of Axesstel, you will be granted 150,000 (One Hundred Fifty Thousand) Stock Options on the first day of employment subject to the Board’s approval. Stock Options grant
shall be awarded based on the closing price of the stock on that day. You will be responsible for all taxes levied in conjunction with a common stock grant to the Internal Revenue Service. If, within the first thirty six months of employment, your
employment is terminated, if you resign or ends in any other way, any stock options not granted to you shall be returned to the company based on a pro-rata calculation monthly for the remainder of the term.
			
	 	 	 Benefits:
	  	As an employee of Axesstel, you will be eligible for ten days of paid vacation per year as well as health and dental benefits for yourself and eligible dependants, which shall be offered in
compliance with the labor laws of USA. For each year of employment, you will earn one (1) day of Vacation day for the following year. Subject to any approval by the Board and/or Shareholders, if required, you will be eligible for any executive
benefit appropriate for your grade and performance level.

 Your entire business time, attention, energies, skills, learning and best efforts shall be devoted to the business of
Axesstel. You agree that during the term of your employment with Axesstel, you shall not carry on, directly or indirectly, and whether or not for compensation, any business activities that compete directly or indirectly with Axesstel. The foregoing
shall not be construed as preventing you from participating in social or civic associations if such participation does not interfere with the performance of your duties hereunder. 
  
 You represent that your employment by Axesstel does not and will not breach or constitute an event of default under any
agreement (i) obligating you to keep in confidence proprietary information acquired by you in confidence or in trust prior to, or at any point throughout, your employment by Axesstel, (ii) obligating you to assign to or protect for the benefit of
any third party any proprietary information or any improvement, invention, formulae, process, program, technique, know-how or data or (iii) that is designed in any way to limit your employment or activity in any business in which you may compete,
directly or indirectly, with any other business, or which might by application have such an effect. You have not entered into, and you agree that you will not enter into, any agreement (either written or oral) in conflict herewith. 
  
 You understand, acknowledge and agree that, as part of the consideration for
your employment or continued employment by Axesstel, you have not brought and will not bring with you to Axesstel or use in the performance of your responsibilities at or for Axesstel any equipment, supplies, facility or trade secret or other
proprietary information of any former employer or customer which are not generally available to the public, unless you have obtained (and provide herewith to Axesstel a copy of) written authorization for their possession and use. 
  
 You also understand that, in your employment by Axesstel, you are not to
breach any obligation of confidentiality that you have to others, and you agree that you shall fulfill all such obligations during your employment by Axesstel. A copy of a any document reflecting any such obligation, or a description thereof if no
document is available, is provided herewith to Axesstel. 
  
 Axesstel is an at-will employer and as such your employment must be entered into voluntarily and for no specific period. As a result, you are free to resign or the Company may terminate your employment at any time, for any reason, with or
without notice. For the first ninety days upon your first date of employment, this period shall be considered a probationary period, during which you may evaluate Axesstel as an employer and whereas Axesstel may evaluate your performance. Upon the
expiration of this probationary period, your employment will continue unless notified otherwise. 
  
 If the terms outlined above are acceptable to you, please sign below and return the original to me. You will be required to sign an Employee Inventions
and Proprietary 

 Rights Assignment Agreement as a condition of your employment. This letter, along with an agreement relating to
proprietary rights between you and the Company set forth the terms of your employment with the Company and supersede any prior agreements, whether written or oral. This letter may not be modified or amended except in writing, signed by the Company
and you. 
  
 Axesstel is an exciting company with what we believe
is an excellent opportunity for growth and success. The strength of our technology and the quality of our team members will make us the leader in our industry. We look forward to your joining the Axesstel team! 
  
 Sincerely, 
  
 /s/ David Morash 
  
 Axesstel Nevada, Inc. 
 David Morash, President/COO 
  
 I hereby accept this offer of employment: 
  

			
	 /s/ Alireza Saifi
 Alireza Saifi
	 	 7-12-04
 Date

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00073-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00073-of-00352.parquet"}]]