Document:

Exhibit 10.73

 

LICENSE AGREEMENT

 

This LICENSE AGREEMENT (the "Agreement")
is entered into on July 9, 2012 (the "Effective Date") by and between LinkSpace LLC, a Virginia company,
controlled by Mr. Thomas Bascom ("LinkSpace") and Bascom Linking Intellectual Property, LLC a State of
Virginia limited liability company, of ________________ ("Licensor") (each a "Party"
and collectively the "Parties"). The Parties hereby agree as follows:

 

		1.	BACKGROUND

 

		1.1	Pursuant to that certain Patent Purchase Agreement dated same date herewith, by and between Thomas
L. Bascom ("Bascom") and Licensor (the "PPA"), Licensor purchased from Bascom the Patents (as
defined below) and the associated rights related thereto.

 

		1.2	As part of the terms of the Patents' acquisition transaction, and as additional valuable consideration
thereunder, Bascom has asked to receive the extremely valuable license back provided by this License Agreement, Licensor has agreed
to grant to LinkSpace a non-exclusive license under the Patents in accordance with the terms and conditions set forth herein.

 

		2.	DEFINITIONS

 

		2.1	"Affiliate" means, with respect to any Person, any Entity in any country
that controls, is controlled by or is under common control with such Person. The term "control" means possession directly
or indirectly of the power to direct or cause the direction of the management and policies of an Entity, whether through the ownership
of voting securities, by trust, management agreement, contract or otherwise; provided, however, that beneficial ownership of more
than fifty percent (50%) of the voting equity interests of an entity shall be deemed to be control.

 

		2.2	"Entity" means any corporation, partnership, limited liability company,
association, joint stock company, trust, joint venture, unincorporated organization, governmental entity (or any department, agency,
or political subdivision thereof) or any other legal entity.

 

		2.3	"Licensed Products" means any software, products or services designed,
made, sold, offered for sale, imported or distributed by or for LinkSpace or LinkSpace's Affiliates.

 

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		2.4	"Patents" means each and all of the patents and patent applications listed
on Exhibit A hereto, all reissues, reexaminations, extensions, continuations, continuations in part, continuing prosecution applications,
provisionals and divisions of such patents, and any patents or patent applications which correspond to or claim priority to any
of the foregoing, and all foreign counterparts of the foregoing, whether or not listed on Exhibit A.

 

		2.5	"Person" means any individual or Entity.

 

		2.6	"Third Party" means any Person other than a Party to this Agreement or
its Affiliates.

 

		3.	GRANT OF LICENSE

 

		3.1	Licensor hereby grants to LinkSpace and LinkSpace's Affiliates a royalty-free, irrevocable, perpetual,
non-exclusive, non-divisible, non-transferable, without the right to sublicense, worldwide right and license under the Patents
to make, have made, use, have used, sell, have sold, offer for sale, import, export and otherwise distribute or have distributed
Licensed Products and Combo Products (the "License"). Neither LinkSpace nor any of LinkSpace's Affiliates will become
a foundry for any Third Party or otherwise act with the intent to provide any Third Party the benefit of the rights under the License.
The License, as to any Affiliate of LinkSpace, will terminate as to such Affiliate if and when such Affiliate ceases to meet the
requirements of being an Affiliate of LinkSpace.

 

		3.2	In addition, Licensor hereby grants, to all current and future Third Party developers,distributors
(direct and indirect), maintenance providers, partners, hosts, purchasers, sellers, importers and users (including without limitation
government agencies) of LinkSpace's and its Affiliates' Licensed Products and Combo Products ("Covered Third Parties")
a royalty-free, irrevocable, perpetual, non-exclusive, non-divisible, non-transferable, without the right to sublicense, worldwide
right and license under the Patents, to make, have made, use, have used, sell, have sold, offer for sale, import, export, distribute,
have distributed, maintained and operate Licensed Products only, and as incorporated into Combo Products, subject to any restrictions
placed by LinkSpace and its Affiliates on such Covered Third Parties with respect to such license, at their sole discretion; provided
that this license does not extend to any software, products or services of any Third Party, other than a Combo Product. For the
avoidance of doubt, for government contracts in which LinkSpace or an Affiliate of LinkSpace is a subcontractor, the entities in
the contract chain partnering with LinkSpace or its Affiliate in supplying products to such government entities are licensed hereunder
to meet Licensed Product and Combo Product contract deliverables or services for the government entity.

 

For the purposes hereof, a "Combo
Product" means an integrated system (i) that incorporates or includes a Licensed Product and (ii) in which system, the
Licensed Product would be cited as an essential element of any infringement contention concerning such system.

 

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		3.3	Underno circumstances and notwithstanding anything to the contrary contained herein will the license
or any other rights or benefits hereunder ever extend to a Third Party or its Affiliates or ever extend to any software, products
or services designed, made, used, sold, offered for sale, imported or distributed by any Third Party or its Affiliates if such
license or rights or benefits were first acquired after the date on which such Third Party or its Affiliates first became subject
to a patent assertion claim or infringement action or suit involving one or more of the Patents.

 

		3.4	Licensor, upon reasonable request, will confirm the license to Third Parties in writing addressed
to LinkSpace by confirming that this Agreement remains in effect as of the date of such confirmation.

 

		4.	TERM OF AGREEMENT

 

Unless otherwise terminated by
operation of law or by acts of the Parties in accordance with the provisions of this Agreement, this Agreement shall be in force
from the Effective Date and shall remain in effect until the earlier of (1) the expiration of the last-to-expire Patent licensed
under this Agreement or (2) by Licensor delivering written notice of termination to LinkSpace at any time upon or after the filing
by LinkSpace of a petition in bankruptcy or insolvency, or upon or after any adjudication that Bascom is bankrupt or insolvent,
or upon or after the filing by LinkSpace of any petition or answer seeking judicial reorganization, readjustment or arrangement
of the business of LinkSpace under any law relating to bankruptcy or insolvency, or upon or after the appointment of a receiver
for all or substantially all of the property of LinkSpace, which is not removed or stayed within sixty (60) days thereafter, or
upon or after the making of any assignment or attempted assignment for the benefit of creditors, or upon or after the institution
of any proceeding or passage of any resolution for the liquidation or winding up of LinkSpace's business which is not removed or
stayed within sixty (60) days thereafter.

 

		5.	ASSIGNMENT

 

		5.1	No Party shall assign or transfer this Agreement or any right, benefit or obligation hereunder,
including by a change of control (which shall be deemed an assignment and similarly limited), operation of law or otherwise without
the prior written consent of the other Party hereto (which shall not be unreasonably withheld), except that a Party may assign
its rights, benefits and obligations under this Agreement to an Affiliate or to any Person that acquires, by purchase of stock,
purchase of assets, merger, or other form of transaction, all or substantially all of the business and assets of such Party relating
to this Agreement.

 

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		5.2	Notwithstanding anything to the contrary herein, but at all times subject to Section 3.3, LinkSpace
or any of its Affiliates may sell, merge, convey or otherwise transfer all or substantially all of its or an Affiliate's equity
or assets or all or substantially all of LinkSpace's or an Affiliate's business assets related to the Patents to a Third Party
acquirer (the "Acquirer" and a "Sale Transaction", respectively) provided however that the License
shall be transferable in the Sale Transaction only if (i) the Acquirer is not a party to a patent assertion claim or infringement
action or suit involving one or more of the Patents prior to the Sale Transaction; (ii) the use by the Acquirer of the License
will be limited to the terms thereof, shall apply strictly to Licensed Products in existence on the date of the Sale Transaction
and in no event will extend to any other products, processes or services of the Acquirer or its Affiliates; and (iii) within thirty
(30) days after the transaction with the Acquirer, LinkSpace provides Purchaser with written notice of the transaction, which notice
will contain: (x) the effective date of the transaction, (y) a description of the transaction, and (z) a representation and warranty
that the condition set forth in (i) above is met.

 

		5.3	Notwithstanding the provisions of this Section 5, Licensor is permitted to sell, assign, or otherwise
transfer any of the Patents ("Transferred Patents") without LinkSpace's consent to any third party; provided that the
License and covenants of Licensor contained herein shall run with the rights being sold, assigned, or transferred and the Transferred
Patents and shall be binding on any successors-in-interest, transferees, or assigns thereof.

 

		5.4	LinkSpace represents and warrants that Thomas L. Bascom controls the equity and voting interests
in LinkSpace.

 

		6.	MISCELLANEOUS

 

		6.1	No Third Party Rights. Nothing in this Agreement is intended to confer upon any Person, other than
the Parties, their respective Affiliates and their respective successors and assigns, any rights, remedies, obligations or liabilities
under or by reason of this Agreement, except as expressly provided in this Agreement.

 

		6.2	Governing Law; Forum. This Agreement, its performance and interpretation shall be governed by the
substantive law of the State of Virginia, USA, exclusive of its choice of law rules. The competent federal courts and tribunals
of the Eastern District of Virginia situated in Norfolk, State of Virginia, USA shall have sole and exclusive jurisdiction in any
dispute or controversy arising out of or relating to this Agreement.

 

		6.3	Notices. All notices given hereunder will be given in writing, will refer to this Agreement and
will be: (i) personally delivered, (ii) delivered prepaid by an internationally recognized express courier service, or (iii) sent
postage prepaid registered or certified U.S. mail (return receipt requested) to the address set forth below:

 

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	If to LinkSpace, LLC	If to Licensor
	LinkSpace, LLC	Bascom Linking Intellectual Property, LLC
	Tel: 703-848-9841	Tel:
	Fax:	Fax:
	Email:	Email:
	 	 
	Attn: Thomas L. Bascom	Attn:

 

Notices are deemed given on (a)
the date of receipt if delivered personally or by express courier (or if delivery refused, the date of refusal), or (b) the fifth
(5th) calendar day after the date of posting if sent by US mail. Notice given in any other manner will be deemed to have been given
only if and when received at the address of the Person to be notified. Either party may from time to time change its address for
notices under this Agreement by giving the other party written notice of such change in accordance with this Section.

 

		6.4	Relationship of Parties. The Parties are independent contractors and not partners, joint venturers,
or agents of the other. Neither Party assumes any liability of or has any authority to bind, or control the activities of, the
other.

 

		6.5	Severability. If any provision of this Agreement is found to be invalid or unenforceable, then
the remainder of this Agreement will have f force and effect, and the invalid provision will be modified, or partially enforced,
to the maximum extent permitted to effectuate its original objective.

 

		6.6	Waiver. Failure by either Party to enforce any term of this Agreement will not be deemed a waiver
of future enforcement of that or any other term in this Agreement or any other agreement that may be in place between the Parties.

 

		6.7	Entire Agreement. This Agreement, including its exhibits, constitutes the entire agreement between
the Parties with respect to the subject matter hereof, and merges and supersedes all prior and contemporaneous agreements, understandings,
negotiations and discussions. Licensee hereby acknowledges, confirms, and agrees that any rights or license to the Patents granted
to or held by Licensee prior to the Effective Date, including any implied license, is terminated in its entirety. Neither of the
Parties will be bound by any conditions, definitions, warranties, understandings, or representations with respect to the subject
matter hereof other than as expressly provided herein. The section headings contained in this Agreement are for reference purposes
only and will not affect in any way the meaning or interpretation of this Agreement. No oral explanation or oral information by
either Party hereto will alter the- meaning or interpretation of this Agreement. No amendments or modifications will be effective
unless in writing and signed by authorized representatives of both Parties. The following exhibits are attached hereto and incorporated
herein: Exhibit A (entitled "The Patents").

 

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		6.8	Counterparts: Electronic Signature. This Agreement may be executed in counterparts, each of which
will be deemed an original, and all of which together constitute one and the same instrument. Each Party will execute and deliver
to the other Party a copy of this Agreement bearing its original signature. Prior to such execution and delivery, in order to expedite
the process of entering into this Agreement, the Parties acknowledge that Transmitted Copies of this Agreement will be deemed original
documents. "Transmitted Copies" means copies that are reproduced or transmitted via email of a .pdf file, photocopy,
facsimile or other process of complete and accurate reproduction and transmission.

 

In witness whereof,
the Parties have caused this Agreement to be executed as of the Effective Date by their respective duly authorized representatives.

 

	Bascom Linking Intellectual Property, LLC	LinkSpace, LLC
	By:  SNIP Inc., its Managing Member	 
	By:	/s/ Mark Marmer	 	By:	/s/ Thomas L. Bascom	 
	Name:  Mark Marmer	Name:  Thomas L. Bascom
	Title:  President	Title:  President
	 	 	 	 	 	 

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Exhibit A

 

THE PATENTS

 

Patents

 

	Patent	 	Serial
 Number	 	Title	 	Date Filed	 	Date
 Issued
	7,111,232	 	10/090,740	 	
        Method and system for making

        document objects available to users of a network
	 	3/6/2002	 	9/19/2006
	7,139,974	 	10/090,739	 	Framework for managing document objects stored on a network	 	3/6/2002	 	11/21/2006
	7,158,971	 	10/118,918	 	Method for searching document objects on a network	 	4/10/2002	 	1/2/2007
	7,386,792	 	10/050,515	 	System and method for collecting, storing, managing and providing categorized information related to a document object	 	1/18/2002	 	6/10/2008
	7,389,241	 	10/118,093	 	Method for users of a network to provide other users with access to link relationships between documents	 	4/9/2002	 	6/17/2008
	7,702,521	 	11/978,658	 	Method for users of a network to provide other users with access to link relationships between documents	 	10/30/2007	 	4/20/2010

 

Pending applications

 

	Serial
 Number	 	Date Filed	 	Title	 	Status
	11/979,260	 	10/31/2007	 	System and method for collecting, storing, managing and providing categorized information related to a document object	 	Pending
	11/543,862	 	10/6/2006	 	Method for searching document objects on a network	 	Pending
	11/601,645	 	11/20/2006	 	Framework for managing document objects stored on a network	 	Pending
	13/432,642	 	3/28/2012	 	Method for searching document objects on a network (Continuation of 7,158,971)	 	Pending

 

    	7ex10-29.htm

Exhibit 10.29

FORM OF NOTE EXTENSION AGREEMENT

THIS NOTE EXTENSION AGREEMENT (the “Agreement”) is made and entered into on this ______ day of _______________ 2012 (the “Effective Date”) by and between Circle Star Energy Corp., a Nevada corporation (“Circle Star”), and ________________ (the “February Noteholder”).

 

RECITALS

 

A.           On February 8, 2012, pursuant to a Subscription Agreement for 10% Convertible Notes, Circle Star issued a 10% convertible note in the principal amount of US$1,375,000 due February 8, 2013, to ____________ (Note No: 2012 CN – 00●) (the “February Note”), subject to the terms of the Inter-Creditor Agreement dated February 8, 2012, among Circle Star, the February Noteholder and ______________, a purchaser of a 10% convertible note as part of the same offering (the “Inter-Creditor Agreement”).

 

B.           The February Note matures on February 8, 2013,  requires 10% interest per annum to be paid on a monthly basis and permits conversion at a rate of $1.50 per share of common stock of Circle Star.

 

C.           Circle Star intends to raise a minimum of $5,000,000 (the “Financing”) within 90 days of the Effective Date (the “Fund Raising Period”), with the Fund Raising Period subject to 30-day incremental extensions at the sole discretion of the February Noteholders (each, an “Extension Period” and collectively, the “Extension Periods”).

 

D.           Circle Star and the February Noteholder have determined that it is in the best interest of the parties to (i) permit interest under the February Note to accrue through the Fund Raising Period and each Extension Period and (ii) to extend the due date of the February Note to September 30, 2014 upon closing of the Financing within the Fund Raising Period or Extension Period.

 

AGREEMENT

 

THEREFORE, in consideration of the mutual promises, covenants, representations and warranties contained in, and of the mutual benefits derived from the transactions contemplated therein, Circle Star and the February Noteholder agree as follows:

 

1. February Note Extension. In the event the Financing is closed within the Fund Raising Period or the Extension Periods, Circle Star and the February Noteholder agree that the due date of the February Note shall be automatically extended from February 8, 2013 to September 30, 2014, on the closing date of the Financing (the “Closing Date”), without further action by Circle Star or the February Noteholder.  The foregoing notwithstanding, Circle Star will immediately issue an amended and restated February Note in substantially the form attached hereto as Exhibit A (the “Restated February Note”) and the original February Note shall be deemed null and void.  Within five business days of the Closing Date, the February Noteholder will return the certificate representing the original February Note to Circle Star for cancellation.

 

In the event the Financing fails to close within the Fund Raising Period or the Extension Periods, the terms and conditions under the February Note remain in full force and effect.

 

2. Interest. Circle Star and the February Noteholder agree that the interest under the February Note shall be deferred and accrued from May 1, 2012 until the end of the Fund Raising Period and all Extension Periods.  On the Closing Date, Circle Star shall pay all accrued and unpaid interest due on the Closing Date.  Interest accruing on the Restated February Note after the Closing Date shall be paid under the terms of the Restated February Note in monthly interest payments.

 

Consideration for Extension and Deferment.  In consideration for the February Noteholder entering into this Agreement and agreeing to extend the due date of the February Note and defer the interest payments during the Fund Raising Period and all Extension Periods, Circle Star agrees to pay the February Noteholder an aggregate of two hundred fifty thousand (250,000) shares of common stock of Circle Star, issuable as follows:  Circle Star shall issue to the February Noteholder one hundred twenty five thousand (125,000) shares of common stock of Circle Star within five business days of execution of this Agreement and one hundred twenty five thousand (125,000) shares of common stock of Circle Star within five business days of the Closing Date.

 

 

 

 

 

3. Representations.  The February Noteholder represents, warrants and confirms that:

 

	
  

	
(a)

	
there are currently no known defaults under the February Note and the Inter-Creditor Agreement;

 

	
  

	
(b)

	
it owns all of the interest in the February Note and that the February Note has not been assigned, transferred, or sold to a third party or otherwise encumbered; and

 

	
  

	
(c)

	
it has the requisite legal power and capacity to execute and deliver this Agreement and upon execution this document will constitute the valid and legally binding obligations of the February Noteholder, enforceable in accordance with their terms.

 

4. Further Assurance.  At the Closing Date or in a reasonable time thereafter, each of Circle Star and the February Noteholder agree to use commercially reasonable efforts to amend the Inter-Creditor Agreement and such other documents or agreements in a manner consistent with the terms of this Agreement.

 

5. Applicable Law. This Agreement shall be governed by and construed with the internal laws of the State of Nevada, without giving effect to any of the conflicts of law principles which would result in the application of the substantive law of another jurisdiction and shall be treated in all respects as Nevada contracts.

 

6. Conflicting Terms.  In the event of any conflicting terms between this Agreement and the February Note or Restated February Note, the terms and conditions under this Agreement shall control.

 

7. Counterparts.  This Agreement may be executed in one or more counterparts, each of which shall be deemed an original and all of which when taken together shall constitute one and the same instrument.

 

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