Document:

EXHIBIT 10.2

 

PREPAID CARD MARKETING AND PROCESSING
AGREEMENT

 

This PREPAID CARD MARKETING AND PROCESSING AGREEMENT
(this “Agreement”) is made and entered into as of February 2, 2016 (the "Effective Date") by
and between FiCentive, Inc., a Nevada corporation (“FiCentive”), whose principal business address is
12500 San Pedro, Suite 120, San Antonio, Texas 78216 and C2GO Inc., a Nevada Corporation (hereinafter “CLIENT”),
whose principal business address is 3355 S. Highland Drive, NV 89109.

 

R E C I T A L S

A.                
FiCentive, through a network of affiliate banking and processing relationships (the “FiCentive Prepaid Partners”),
distributes, manages and processes prepaid stored value cards (collectively, the “Cards”) issued by Sunrise
Banks of St. Paul, MN or another bank of FiCentive’s choosing (the “Issuing Bank”) that are sold through
various channels to consumers and businesses (collectively, the “Cardholders”); and

B.CLIENT has relationships with various
business entities (“CLIENT Partners”) that may desire to distribute compensatory payments to non-employees by
electronic delivery of funds to Prepaid Card Account products and services such as those offered by FiCentive (although CLIENT
makes no representation or warranty regarding such willingness).

C.CLIENT has developed and operates a
web-accessed business portal (the “CLIENT Platform”) that allows CLIENT Partners to instruct FiCentive to move
funds from a CLIENT Partner Prefunding Account to Prepaid Cards, and also desires sell and/or distribute Prepaid Cards for such
purpose, and FiCentive is willing to grant to CLIENT certain rights to use, distribute, market, promote and/or sell Prepaid Cards
directly to consumers and through and with various affiliates or partners of CLIENT in exchange for certain compensation, under
the terms and conditions set forth in this Agreement.

NOW, THEREFORE, based on the foregoing and
the mutual and dependent promises contained herein, the parties hereto agree as follows:

DEFINITIONS

 

The following definitions apply to the terms set forth below when used in this Agreement:

 

1.01    ACH means Automated Clearing House which
consists of a collection of electronic interbank networks used to process transactions electronically.

 

1.02    Acquirer means the financial institution
that establishes and maintains the merchant account, receives transactions from the merchant and initiates the interchange via
the Visa, MasterCard and Discover networks and ATM/debit networks.

 

1.03    Account or Card Account means a Cardholder
account or CLIENT account, as applicable, that is a virtual or pseudo deposit account within an aggregate or pooled account held
at one or more financial institutions and which is serviced under this Agreement.

 

1.04    ATM means Automated Teller Machine.

 

1.05    Card, Prepaid Card or Stored Value Card means
a plastic magnetic stripe card, or a virtual or hosted representation or emulation of a plastic magnetic stripe card, which is
issued to a person by the Issuer that is associated with and contains information pertinent to an Account.

 

     

     

    

1.06    CLIENT Cards means a Prepaid Card sold, distributed
or used by CLIENT or a CLIENT Partner under the terms of this Agreement.

 

1.07    Cardholder means the person (or entity) to
whom a Card has been issued; the owner of the Card.

 

1.08    CLIENT Cardholder means the person (or entity)
to whom a CLIENT Card has been issued; the owner of the CLIENT Card and associated Account.

 

1.09    Cardholder Agreement means the agreement
between Bank and a Cardholder governing the terms and conditions applicable to use of a Card.

 

1.10    Card Package means a packet that generally
includes a Card in a Card carrier, an explanation of the services available to the Cardholder; an activation label with the IVR
number that the Cardholder can call to activate the Card; additional disclosures including but not limited to the current version
of the Cardholder Agreement; and the fees and charges that apply to use of the Card, as may be amended from time to time.

 

1.11    Issuer or Issuing Bank means Sunrise Banks
of St. Paul, MN or another bank of FiCentive’s choosing that issues the Card to the individual.

 

1.12    Merchant means a retailer, or any other person,
firm, or corporation that, by agreement, accepts stored value cards when properly presented.

 

1.13    Operating Rules means the rules and business
practices established by the FiCentive (the “Rules” as defined below), Payment Networks and Issuer and provided to
CLIENT by the FiCentive, which are meant to increase consistency and interoperability among the various financial service providers
that interact with each other and the end-users including the Payment Networks and the Issuer. Operating Rules include, but are
not limited to, authorization procedures, settlement timing requirements and audit and accounting rules.

 

1.14    Payment Network means Visa® or MasterCard®
or other payment networks that act as a gateway between acquirers and issuers for authorizing and funding transactions and whose
brands appear on the Card to indicate where a Card is accepted.

 

1.15    Personal Identification Number (PIN) means
the code that assists an Issuer to authenticate the Cardholder for the purpose of approving a Card transaction. PINs may or may
not be used in association with a Card, based upon the Program details.

 

1.16   
FiCentive Customer Data means any and all data and information about FiCentive customers or clients provided to FiCentive
by FiCentive customers or otherwise acquired by FiCentive from any source.

1.17    CLIENT Customer Data
means any and all data and information about CLIENT customers or CLIENT Partners provided to CLIENT by CLIENT Cardholders or CLIENT
Partners or otherwise acquired by CLIENT from any source.

1.18    Program means the type of Prepaid Card (e.g.
consumer, corporate, gift, etc.) and associated fees and functionality of the Prepaid Cards CLIENT will distribute or sell under
this Agreement, as well as CLIENT’s plan for offering, marketing and/or loading CLIENT Cards, including the specific development,
design and implementation requirements.

 

    	2

     

    

1.19    Program Manager means the owner of a prepaid
stored value card Program. Typically, Program Managers are responsible for establishing relationships with processors, Financial
Institutions, Issuers and Payment Networks. For the purpose of this Agreement, the FiCentive will also act as the Program Manager.

 

1.20    Rules or Processor Rules mean those certain
rules and regulations promulgated by FiCentive from time to time that govern access to and use of the System. The Processor Rules
are meant to increase consistency and interoperability among the various financial services providers including financial institutions,
the Issuer and the Payment Networks that interact with each other and the end-users. FiCentive may, from time to time, modify the
Rules in which event FiCentive shall provide written notice to CLIENT of said changes. However, in no case will CLIENT be required
to operate under amended Rules which CLIENT has not agreed to in writing unless such changes are as a result of requirements imposed
by the Issuer, a Payment Network or government laws or regulations.

 

1.21    Settlement means the movement of funds between
CLIENT and/or CLIENT Partners and FiCentive or Issuing Bank in accordance with the Operating Rules and Processor Rules.

 

1.22    Prefunding Account means the account maintained
by FiCentive or Issuer used for Settlement of all CLIENT funded or facilitated loads to a Card Account.

 

1.23    CLIENT Partner Agreement means an agreement
to be entered into with each Client Partner relating to, among other matters, the creation of a separate Prefunding Account or
an identifiable apportionment of a Prefunding Account at FiCentive which represents funds delivered to FiCentive by a CLIENT Partner
to facilitate future loads by such CLIENT Partner to a CLIENT Card or to facilitate transfer by such CLIENT Partner to another
CLIENT Prefunding Account, which represents funds not yet loaded onto Cards. The form of such Client Partner Agreement shall be
approved by CLIENT and FiCentive.

 

1.24    The System means the computer equipment,
computer software and related proprietary technology, equipment, business methods and documentation used at any time and from time
to time by FiCentive to provide the services contemplated by this Agreement. The System is a real-time, host-based processing system
that operates 24 hours a day, 7 days a week. Among other things, the System serves to effectuate the simultaneous electronic transfer
of funds between various financial accounts including Card Accounts. Based upon the Program description, loading funds to a Card
Account may occur electronically through an account-to-account transfer, through a bank, retailers or others who provide loading
services, and by direct payroll deposit. Based upon the Program description, funds in Accounts may be removed through an electronic
account-to-account transfer, through use of a Card at an ATM to withdraw cash, through use of a Card to make purchases from Merchants
who participate in a Payment Network that is authorized for the Program and through the utilization of ACH transactions or other
disbursement services.

 

1.25    Transaction means activities related to a
Cardholder’s Account including, but not limited to, when a Cardholder makes a purchase, conducts a balance inquiry or withdraws
cash.

 

1.APPOINTMENT OF CLIENT AS DISTRIBUTOR

1.1  Appointment. FiCentive
hereby grants to CLIENT a non-exclusive right to distribute, market, promote, use and/or sell Prepaid Cards that are managed and
processed by FiCentive and issued by the Issuing Bank under the terms and conditions specified in this Agreement.

    	3

     

    

1.2  Addition or Deletion of
CLIENT Partners. CLIENT agrees to submit all required paperwork required by the FiCentive to approve or deny all CLIENT Partners.
New CLIENT Partners may only be added with the prior written consent of FiCentive and Issuing Bank and CLIENT will not provide
CLIENT Partners the rights or ability to distribute, market, promote or sell CLIENT Cards, until approval is received.

1.3  Limited Agency; Regulatory
and Other Inspections. FiCentive hereby appoints CLIENT as its sales representative with the authority to distribute or sell
CLIENT Cards on behalf of FiCentive. For the sole purpose of selling or distributing CLIENT Cards, CLIENT shall be deemed an agent
of FiCentive. Neither FiCentive nor CLIENT may authorize sub-representatives or CLIENT Partners to sell or market CLIENT Cards
except in compliance with applicable requirements of MasterCard, Visa, Discover, Maestro, Cirrus, Interlink, Plus, STAR, PULSE
and any other card association that is applicable (collectively the “Payment Networks”) and the Issuing Bank.
FiCentive and CLIENT may be subject to supervision, examination and regulation as provided by applicable federal and state law
and regulations, as well as the requirements of the Issuing Bank and the Payment Networks. CLIENT hereby consents to inspections
by federal and state authorities of its books and records relating to FiCentive and the Issuing Bank. CLIENT is under a duty to
act only as authorized under this Agreement, and if CLIENT exceeds such authority, this Agreement may be terminated and CLIENT
may be subject to disciplinary action by federal and state authorities.

2.      GENERAL REQUIREMENTS
FOR PROMOTION OF THE CARDS

2.1  Distribution and Marketing.
CLIENT will distribute or enable the purchase of the CLIENT Cards directly to individuals or businesses or through CLIENT Partners
as set forth on Schedule A attached hereto, as well as certain with additional methods or through additional CLIENT Partners
that CLIENT may serve in the future, as mutually agreed upon by the Parties in accordance with Section 1.2. CLIENT agrees that
all marketing materials developed by it that mention, promote, or are associated with the CLIENT Cards or otherwise contain FiCentive’s,
the Issuing Bank’s, or the Payment Network’s tradename, trademarks or other intellectual property rights must be approved
in writing by FiCentive prior to use. Failure to comply with this provision will be deemed a material breach of the Agreement.

2.2  Marketing Expenses. CLIENT will be responsible
for payment of any marketing materials, technology, equipment, supplies and the like developed by it and used in connection with
the sale of the CLIENT Cards.

2.3  Covenants. Each Party
covenants that it will: (a) conduct business in a manner that reflects favorably at all times on the CLIENT Cards and the good
name, goodwill and reputation of the other Party; (b) avoid deceptive, misleading or unethical practices that are or might be detrimental
to the other Party or the CLIENT Cards; (c) make no false or misleading representations with regard to the other Party or the CLIENT
Cards; (d) not publish or employ, or cooperate in the publication or employment of, any misleading or deceptive advertising material
with regard to the other Party or the CLIENT Cards; and (e) make no representations, warranties or guarantees with respect to the
CLIENT Cards that are inconsistent with literature or language distributed or approved by FiCentive, Issuing Bank or the Payment
Networks.

    	4

     

    

2.4  Card Package. CLIENT,
with FiCentive’s assistance, if requested, shall design the CLIENT Card and Card Package, including any Card mailers, promotional
inserts and Card mailing envelopes (the “Related Mailing Pieces”) for mailing the CLIENT Cards to Cardholders. CLIENT
shall design the CLIENT Card and the Related Mailing Pieces using the CLIENT’s name and trademarks using the standard design
and materials all in accordance with the Payment Networks’ Regulations, which design and materials must be approved by FiCentive,
the Payment Networks, and the Issuing Bank; provided that FiCentive shall assist CLIENT to obtain from the Payment Network and
Issuing Bank the requisite approvals for the design of the CLIENT Card. CLIENT shall permit FiCentive to brand all CLIENT Cards
on the front or reverse side, at FiCentive’s discretion, with the FiCentive logos and trademarks, the design of which is
subject to CLIENT’s approval which is not to be unreasonable withheld.. CLIENT shall also permit FiCentive to brand all CLIENT
Cards on the reverse side with a customer service toll-free number and the name of the Issuing Bank. At CLIENT’s option,
CLIENT may design and create the Related Mailing Pieces using custom materials selected by CLIENT at CLIENT’s sole cost and
expense; provided, however, that CLIENT shall pay any incremental increase in costs for production in advance to FiCentive. All
promotional inserts shall be provided by CLIENT at its sole cost and expense and shall be subject to the prior written approval
of FiCentive, which approval shall not be unreasonably withheld.

2.5  Marketing Plan and Material Approval and Penalties.
All marketing materials, activities, plans or proposals of CLIENT or CLIENT Partners that contain, in whole or in part, the CLIENT
Card or Prepaid Card name or brand, or otherwise mention, promote or are associated with the CLIENT Card, FiCentive, Payment Network,
or Issuing Bank’s name, tradename or trademark, must be submitted to FiCentive and approved in writing prior to use in the
marketplace by CLIENT. CLIENT agrees and acknowledges that FiCentive reserves the right to reject any marketing activities, plans
or proposals that do not comply with its Rules and business practices or the rules or business practices of the Payment Networks
or Issuing Bank. Notwithstanding the foregoing, if CLIENT fails to obtain FiCentive’s prior approval of the marketing plan
or materials as set forth in this paragraph, the following penalties shall be assessed by FiCentive in its sole discretion:

	 	1st offense	$5,000 penalty	 
	 	2nd offense	$10,000 penalty or Termination	 
	 	3rd offense	$15,000 penalty or Termination 	 
	 	 	 	 

2.6  Applicable Laws and Regulations. CLIENT
acknowledges and agrees that it is solely responsible for monitoring legal developments applicable to the operation of its business
and interpreting applicable state and federal laws, determining the requirements for compliance with all applicable state and federal
laws, and maintaining an ongoing compliance program. Consequently, CLIENT agrees that FiCentive has no responsibility to monitor
or interpret laws applicable to CLIENT's business.

2.7  Expenses. CLIENT shall be solely responsible
for any and all costs incurred by it in performing its obligations hereunder.

2.8  CLIENT Payments. CLIENT shall be responsible
for payment to FiCentive for all fees listed in Schedule B (“CLIENT Fees”).

2.9  CLIENT Partner Payments CLIENT shall be
responsible for (i) billing and collecting from its CLIENT Partners all amounts due for any FiCentive services utilized by such
CLIENT Partners pursuant to a Program and shall bear the loss of any uncollectible amounts (except for any uncollectible amounts
that arise out of or as a result of any act, omission, breach or failure to perform by FiCentive) and (ii) deducting any applicable
federal, state or local use, excise, gross receipts, sales and privilege taxes, duties, fees or similar liabilities (other than
general income or property tax) from revenues received as a result of its resale of the CLIENT Cards and shall pay the same to
the appropriate authorities.

    	5

     

    

2.10  CLIENT Partners. CLIENT shall make each CLIENT
Partner aware of any rights and obligations that are applicable to such CLIENT Partner under this Agreement with respect to a Program
implemented by FiCentive for such CLIENT Partner. CLIENT shall be responsible for ensuring and enforcing that CLIENT Partners are
acting in accordance with the terms of this Agreement.

2.11 Background Checks. CLIENT authorizes FiCentive
and Issuer to obtain consumer and business credit reports and background reports on CLIENT and CLIENT Partners, as well as each
owner or principal of CLIENT and CLIENT Partners.

3.     
REVENUE; CONSUMER FEES

3.1  CLIENT Card Fees.
The Manufacturer’s Suggested Retail Price (“MSRP”) for new CLIENT Cards will be determined by CLIENT and
CLIENT may also request additional Card fees to be assessed; provided, however, that FiCentive shall have the absolute discretion
to reject the pricing requested by CLIENT for the MSRP and any transaction and other fees for the CLIENT Cards. All fees that are
assessed in conjunction with CLIENT Cards or CLIENT Card Accounts must be disclosed in the Cardholder Agreement, regardless of
whether CLIENT or FiCentive assess and/or collects the fees. All fees assessed and collected by FiCentive on behalf of CLIENT will
be paid to CLIENT according to Schedule C attached hereto.

3.2  Processor Fees to Cardholders.
FiCentive reserves the right to charge Card consumers certain fees, which are assessed against the Card’s balance as such
fees are accrued. Such fees will be fully disclosed to the consumer by FiCentive in accordance with applicable laws. These fees
are assessed outside of, and are not governed by, this Agreement. FiCentive will handle all consumer complaints arising out of
its fee assessments outside of this Agreement.

4.     
COLLECTION; COMMISSIONS PAYABLE TO CLIENT

4.1  Commissions. As full
and complete compensation to CLIENT for all of CLIENT’s efforts on FiCentive’s behalf, FiCentive will pay CLIENT the
sums set forth on Schedule C attached hereto (“CLIENT Commissions”). Such CLIENT Commissions shall be
paid to CLIENT during the Term of this Agreement and for 6 months thereafter for the respective Cardholders, which continue to
purchase, and pay for, FiCentive products, services and programs related to CLIENT Cards. All Payments shall cease in the event
this contract is terminated for cause, as defined in Section 12.2 below.

4.2  Payments. CLIENT Commissions
will be paid in United States dollars and may be paid by check or ACH transfer, in the discretion of FiCentive. The checks will
be mailed to the address specified by CLIENT pursuant to Section 16 below or shall be deposited directly if requested in writing
by CLIENT. Such payment, if full and complete, to CLIENT shall fully discharge FiCentive’s financial obligations to CLIENT
and any parties assisting CLIENT including any CLIENT Partners with respect to such Commissions. As between FiCentive and CLIENT,
CLIENT will be solely responsible for any compensation due to any parties assisting CLIENT including compensation paid to CLIENT
Partners. Payments will be made no later than thirty (30) days after the end of the calendar month in which FiCentive has received
payment of any revenue derived from Cardholders, which CLIENT originated and served.

4.3  Offsets. FiCentive
shall never be liable for a commission unless and until it has received in full an irrevocable fund payment from CLIENT on behalf
of Cardholder in the full amount of any CLIENT Funded Loads (as defined in Section 7), and in the case of loads to a CLIENT Card
made by Client Partners pursuant to CLIENT Partner Agreements, unless and until it has received in full an irrevocable fund payment
from such CLIENT Partner on behalf of Cardholder in the full amount of any such loads by the CLIENT Partner. In the event FiCentive
takes a loss on any Cardholder account or pays commission on an account which results from these conditions not having been met
or later are classified as unmet because of a loss of funds, FiCentive has the right to offset such loss, or commission, 100% against
future commissions owed to CLIENT.

    	6

     

    

5.     
FICENTIVE RESPONSIBILITIES

5.1General. FiCentive agrees
that it will: (a) be responsible for compliance with all laws relating to the provision of CLIENT Cards; (b) use commercially reasonable
efforts to maintain its relationship with the Issuing Bank and the Payment Networks to ensure the Program’s continued operation;
(c) not charge the Prefunding Account (as defined in Section 7.1 below) for any fees assessed to Cardholders outside of this Agreement;
(d) act to ensure that each legitimate and verified consumer who purchases or receives a CLIENT Card from CLIENT or CLIENT Partner
receives credit for the amounts loaded onto the CLIENT Card and shall have the right to utilize those amounts subject to the terms
and conditions of the Cardholder Agreement between the Issuing Bank and the Cardholder; and (e) support, maintain, and/or develop
the services as defined in Schedule D subject to any Service Level Agreements as may also be defined in Schedule D.

5.2  Fraud Recovery. In
the event that CLIENT discovers that a CLIENT Card was loaded or reloaded in a fraudulent manner due to consumer or employee fraud,
CLIENT may communicate to FiCentive via fax, email, phone or overnight mail information about such fraudulent transaction and FiCentive
will use commercially reasonable efforts to attempt to deactivate the affected CLIENT Card, recover funds loaded to such CLIENT
Card and refund such recovered funds to CLIENT. The parties agree that time is of the essence in such a situation, and that should
such a request for fraud recovery occur after the perpetrator of the fraud has spent the funds in question, FiCentive will have
no ability and no obligation to refund or recover such funds. FiCentive will cooperate fully with CLIENT personnel in an effort
to locate and prosecute the perpetrator of such fraud.

5.3  Records and Inspection.
CLIENT and FiCentive shall keep accurate records of transactions relating to the CLIENT Card sales and reloads. Upon the request
of either Party, the other Party shall verify any records maintained by it in connection with the sale or reload of CLIENT Cards
by affidavit and shall permit the requesting Party and its duly authorized representatives to examine and inspect the responding
Party’s records relating to such transactions during said Party’s normal business hours.

6.     
CLIENT RESPONSIBILITIES

6.1  General. CLIENT agrees
that it will: (a) be responsible for compliance with all laws relating to the activities of CLIENT Partners in the origination
and loading of funds onto CLIENT Cards; (b) provide, to its knowledge, accurate customer information (“Cardholder Information”)
to FiCentive for the purposes of issuing a Card to a Cardholder. CLIENT further warrants it has the appropriate authorizations
from CLIENT customer’s to provide Cardholder Information to FiCentive.

6.2  Data Transmission.
FiCentive is bound by the requirements of the Payment Card Industry-Data Security Standards (PCI-DSS) as well as other requirements
for the safeguarding of cardholder and consumer information. As such, FiCentive must encrypt the transmission of data to CLIENT.
CLIENT shall also implement policies and procedures to ensure that it adheres to PCI-DSS requirements and procedures. CLIENT shall
comply with the data transmission and encryption protocol established and modified from time to time by the PCI-DSS without the
need for approval of CLIENT for such modifications. FiCentive shall use its reasonable best efforts to give CLIENT timely notice
of all changes to the System or the Program which are being made to comply with any known changes related to PCI-DSS.

    	7

     

    

6.3  Data Security. CLIENT
and its CLIENT Partners and service providers will have access to sensitive cardholder data which shall be treated as confidential.
CLIENT acknowledges that it is responsible for securing and for the security of any and all cardholder data and consumer information
in its possession or to which it has access. CLIENT further acknowledges that it shall implement policies and procedures to manage
CLIENT Partners and service providers, ensure that CLIENT Partners and service providers adhere to the PCI-DSS requirements and
procedures which can be found at https://www.pcisecuritystandards.org/, shall conduct due diligence as required by FiCentive on
each CLIENT Partner and service provider prior to connecting to any CLIENT Partner or service provider and shall implement policies
and procedures for disconnecting from said CLIENT Partners and service providers. If required by a Payment Network or Issuer, CLIENT
will allow for security and usage audits performed by approved card forensics auditor and provide them full cooperation and access
to conduct such audits, in the event of a cardholder data compromise. Regardless of contract termination, CLIENT will continue
to treat cardholder data as confidential.

7.     
PREFUNDING REQUIREMENTS AND SETTLEMENT PROCEDURES

7.1  Prefunding Account. CLIENT acknowledges
and agrees that the Issuing Bank is the distributor of funds to Cardholders in accordance with various Cardholder Agreements between
the Issuing Bank and the Cardholders. CLIENT further acknowledges and agrees that all card loads initiated by CLIENT to CLIENT
Cards (“CLIENT Funded Loads”) must be prefunded or deposited to a bank account specified by FiCentive (“Prefunding
Account”) in advance of initiating CLIENT Funded Loads. Deposits made by CLIENT to the Prefunding Account will be made
available for CLIENT Funded Loads on the next business day. The total dollar amount available for CLIENT Funded Loads (“Prefunding
Available Balance”) will be calculated as the total deposits made by CLIENT to the Prefunding Account through the previous
business day minus the aggregate dollar amount of all initiated CLIENT Funded Loads and all requested withdrawals from the Prefunding
Account per Section 7.2. The Prefunding Available Balance may also be reduced by the dollar amount of any delinquent balance
owed to FiCentive as determined by the invoice terms set forth in Section 11.2. CLIENT will only be able to initiate CLIENT
Funded Loads, in the aggregate, up to the dollar amount of the Prefunding Available Balance.

The Cardholder Funds shall be the sole
property of Cardholders after the time CLIENT Funded Loads have posted to the Card Account, unless otherwise specified in the Cardholder
Agreement. CLIENT agrees that Cardholder Funds will not be subject to creditors (whether secured or unsecured) of CLIENT or its
affiliates, whether in connection with any bankruptcy proceeding filed by or against CLIENT, its affiliates or otherwise, unless
the funds are specified as corporate owned in the Cardholder Agreement.

7.2  Prefunding Account Refunds
and Withdrawals. CLIENT will be entitled to a refund of the remaining Prefunding Available Balance ninety (90) days from the
termination of CLIENT Card sales. CLIENT may also request withdrawals from the Prefunding Account up to the Prefunding Available
Balance, and FiCentive agrees to transfer these funds to an account of CLIENT’s choosing within five (5) business days via
the ACH network. CLIENT understands that CLIENT Funded Loads cannot be returned or withdrawn by CLIENT and will remain the property
of the Cardholder after the termination of CLIENT Card sales or this Agreement, unless otherwise specified in the Cardholder Agreement.

7.3  Fraud Limitations.
FiCentive shall not be held responsible for any losses due to fraudulent CLIENT Funded Loads initiated using CLIENT’s electronic
credentials (e.g., username, password) through a web portal or web service (API) provided by FiCentive. Please see Section 5.2
for information about Fraud Recovery.

    	8

     

    

8.     
INTELLECTUAL PROPERTY

8.1  Intellectual Property
Ownership. Each party shall retain all right, title and interest, including all copyrights, patent rights, and rights in trademarks,
service marks, logos and commercial symbols as well as all other intellectual property rights as listed on Schedule E attached
hereto and incorporated herein by reference, and all goodwill associated therewith (collectively, “Intellectual Property”).
Neither party shall acquire any interest in the other party’s Intellectual Property or any other products, services or materials,
or any copies or portions thereof, provided by such party pursuant to this Agreement, and any commercial use of the Intellectual
Property other than pursuant to this Agreement is strictly prohibited.

8.2  License of Trademarks.
No Intellectual Property owned by either Party or licensed to either Party by any third party may be used or reproduced by the
other Party in any manner, shape or form without the prior written permission of the Party owning the Intellectual Property rights.

8.3  Reservation of Rights
in Trademarks. All rights not expressly granted herein with respect to either Party's Intellectual Property are reserved to
that Party. Nothing contained herein shall limit either Party‘s right to license its Intellectual Property to any third party.
It is expressly understood and agreed that, as between the Parties, that each Party’s Intellectual Property and all right,
title and interest therein are and shall remain the sole and exclusive property of the Party initially owning said Intellectual
Property.

9.      CUSTOMER INFORMATION

9.1  FiCentive
Owned Customer Information. FiCentive owns and will own any and all FiCentive Customer Data. Except as expressly provided for
in this Agreement, CLIENT will not obtain or claim any right to the FiCentive Customer Data.

9.2  CLIENT
Owned Customer Information. CLIENT owns and will own any and all CLIENT Customer Data and CLIENT Partner data. Except as expressly
provided for in this Agreement, FiCentive will not obtain or claim any right to CLIENT Customer Data or CLIENT Partner data.

9.3  Participant Data. To the extent permitted
by relevant consumer privacy and other regulations, FiCentive and CLIENT will provide suitable customer data to the other Party
to support CLIENT Cards and the operation and management of CLIENT Cards as defined in this Agreement.

9.4  FiCentive
Data Collection and Use Limitations.

9.4.1  Privacy-Related Issues.
FiCentive will not collect any information from CLIENT Cardholders without their express permission and will provide the ability
for such CLIENT Cardholders to opt-out of FiCentive’s further use of such information. FiCentive agrees to use data collected
from CLIENT Cardholders subject to FiCentive’s privacy policies, which will be consistent with industry standards and be
adequately displayed.

9.4.2  No Targeted Solicitations.
Without CLIENT’s prior express written consent, FiCentive will not use any data obtained under the Agreement to solicit or
facilitate the solicitation by any third party of CLIENT Cardholder as a result of their status as CLIENT Cardholder. For purposes
of clarification, the foregoing restriction does not prohibit FiCentive or a third party working with FiCentive from marketing
products or services to such CLIENT Cardholder as part of a general offering of such services not targeted solely to CLIENT Cardholder.

    	9

     

    

9.4.3  No Sale or Lease of Data.
Without CLIENT’s prior express written consent, FiCentive will not, during and after the Term, sell, lease, or otherwise
use or transfer any data collected from CLIENT customers that does not constitute FiCentive Customer Data.

9.5  CLIENT Data Collection and Use Limitations.

9.5.1  Privacy-Related Issues.
CLIENT will not collect any information from FiCentive customers or users without their express permission and will provide the
ability for such FiCentive users to opt-out of CLIENT’s further use of such information. CLIENT agrees to use data collected
from FiCentive users subject to CLIENT’s privacy policies, which will be consistent with industry standards and be adequately
displayed.

9.5.2  No Targeted Solicitations.
Without FiCentive’s prior express written consent, CLIENT will not use any data obtained under the Agreement to solicit or
facilitate the solicitation by any third party of FiCentive customers as a result of their status as FiCentive customer or users.
For purposes of clarification, the foregoing restriction does not prohibit CLIENT or a third party working with CLIENT from marketing
products or services to such FiCentive customers or users as part of a general offering of such services not targeted solely to
FiCentive customers or users.

9.5.3  No Sale or Lease of Data.
Without FiCentive’s prior written consent, CLIENT will not, during and after the Term, sell, lease, or otherwise use of transfer
any data collected from FiCentive customers or users that does not constitute CLIENT Customer Data.

10.  WARRANTIES AND
DISCLAIMER

10.1    No Conflict.
Each party represents and warrants to the other party that it is under no current obligation or restriction, nor will it knowingly
assume any such obligation or restriction that does or would in any way interfere or conflict with, or that does or would present
a conflict of interest, concerning the performance to be rendered hereunder or the rights and licenses granted herein.

10.2    Intellectual
Property Warranty. Each party represents and warrants to the other that it has full and sufficient right, title and
authority to grant the rights and/or licenses granted to the other under this Agreement.

11.  EXCLUSIVITY, INVOCLIENT AND TAXES

11.1    Non-Exclusive Provider. During
the term of this Agreement, CLIENT shall utilize the payment processing and prepaid card services of FiCentive on a non-exclusive
basis.

11.2    Invoice. FiCentive shall submit
an invoice to CLIENT each month, covering charges for the previous month. CLIENT shall have ten (10) days after Provider submits
an invoice to provide notice to FiCentive of any disputes regarding that invoice. If there is no dispute regarding an invoice,
CLIENT agrees to allow FiCentive to draft from CLIENT’s designated bank account for all fees invoiced. If payment is not
received by FiCentive by such date, the delinquent balance shall bear interest at the rate of one and one-half percent (11⁄2%)
per month. Nothing herein shall be construed to constitute a waiver of Provider’s right to declare a default by CLIENT under
this Agreement on account of such delinquency, to terminate this Agreement and to exercise any other rights under this Agreement
or at law or in equity. All card printing and setup and applications fees are due and payable upon execution of this Agreement.
All fees associated with this agreement are to be paid in US dollars.

    	10

     

    

11.3    Expenses of CLIENT.

CLIENT shall be solely responsible for the following:

		(a)	Advertising and other expenses associated with the marketing of cards to potential cardholders.

		(b)	All CLIENT Fees and expenses as detailed in Schedule B

		(c)	All fines and penalties assessed by any Payment Network, Issuer, relevant financial institution or government agency due to
CLIENT's actions, inactions, or omissions.

		(d)	All expenses associated with and losses resulting from over limit processing, cardholder fraud, value load fraud and under
floor limit processing shall be paid promptly and at FiCentive’s sole discretion deducted from any revenue due CLIENT.

		(e)	Any fees charged by a System or Payment Network in relation to CLIENT’s registration, as applicable, as a marketing representative
or service provider of FiCentive’s sponsoring bank.

11.4    Taxes. CLIENT is responsible
for the payment of any and all foreign, federal, state, county and local taxes and fees applicable to transactions under this contract
and invoiced to CLIENT by FiCentive. CLIENT shall be responsible for the collection of all applicable end-user taxes and fees and
the remittance of such taxes and fees to the relevant governmental authority.

12.  TERM AND TERMINATION

12.1    Term.
The initial term of this Agreement shall commence on the Effective Date and shall continue in full force and effect until the third
anniversary of the Effective Date (the “Initial Term”). This Agreement shall automatically thereafter renew
for additional twelve (12) month terms, unless written notice of termination is sent to the non-canceling party in accordance with
the Notice provisions of this Agreement at least 90 days prior to expiration of the Initial Term or any subsequent term.

12.2    Termination.
If either Party materially breaches any term or condition of this Agreement and fails to cure such breach within thirty (30) days
after receiving written notice of the breach, the non-breaching Party may terminate this Agreement on written notice at any time
following the end of such thirty (30) day cure period. This Agreement shall terminate immediately upon notice if either Party (a)
becomes insolvent (i.e., becomes unable to pay its debts in the ordinary course of business as they come due); (b) makes an assignment
for the benefit of creditors; (c) commences, or has commenced against it, a proceeding under any bankruptcy, insolvency or debtor’s
relief law; (d) has a receiver appointed over it; or (e) has ceased its ongoing business operations. In any event, FiCentive will
be fully responsible to continue to fund any and all Card sales and reloads that are processed after this Agreement’s termination.
Sections 4, 5, 7, 9, 11, 12, 13, 14, and 15 will survive termination or expiration of this Agreement for any reason.

12.3    Section 365(n)
of Bankruptcy Code. All rights and licenses granted under or pursuant to this Agreement by either Party to the other Party
are, and shall otherwise be deemed to be, for purposes of Section 365(n) of the United States Bankruptcy Code, 11 U.S.C. Section
101, et seq. (the "Bankruptcy Code"), licenses of rights to "intellectual property" as defined under
Section 101(56) of the Bankruptcy Code. The Parties agree that each Party as licensee of such rights and licenses shall retain
and may fully exercise all of their respective rights and elections under the Bankruptcy Code, provided such licensee party abides
by the terms of this Agreement.

    	11

     

    

12.4    Effect of
Termination. Upon termination or expiration of this Agreement (i) any licenses granted hereunder shall terminate; (ii) each
Party shall return to the other all copies of any Confidential Information (as defined below), and all documents, content or other
materials provided to such party by the other hereunder; (iii) CLIENT shall immediately cease the sale of all CLIENT Cards in its
possession and shall immediately cease all use of the Intellectual Property of FiCentive; (iv) all payments of fees then due shall
be paid upon such termination; and (v) each Party's rights and obligations with respect to fees payable hereunder, in accordance
with Section 4 of this Agreement, and such other provisions that by their nature are intended to survive termination, shall survive
the termination of this Agreement.

12.5    Violation
of Rules. In the event that a Payment Network (“Visa® or MasterCard® or other payment networks that act as a
gateway between acquirers and issuers for authorizing and funding transactions and whose brands appear on the back of a Card to
indicate where a Card is accepted”), Issuer (“the financial institution that issues the Card to the individual”),
relevant financial institution or government agency shall notify FiCentive of any violation of its laws, rules or regulations relating
to CLIENT or transactions processed for CLIENT, FiCentive shall have the right, without liability to CLIENT, to terminate processing
services on behalf of CLIENT under this Agreement until such time as FiCentive shall have been notified by the Payment Network,
Issuer, financial institution or government agency that the material violation has been corrected.

12.6    Emergency
Suspension. Upon fax or written notice to CLIENT by FiCentive, CLIENT agrees to immediately (within 24 hours, or, if the day
of such notice falls on a Saturday, Sunday or a holiday, on CLIENT’s next business day) halt the sale and/or reload of CLIENT
Cards by CLIENT and all CLIENT Partners selling or reloading the CLIENT Cards. CLIENT represents that it owns the technology necessary,
or has the contractual ability through a third party, to halt sales and reloads of CLIENT Cards at all CLIENT Partners without
regard to whether the CLIENT Partners are cooperative in halting such sales or reloads. Reasons for invoking an “emergency
suspension” may include (a) a regulatory change; (b) the need to protect or preserve property; (c) the failure to fund any
shortfall of the Prefunding Account, or (d) any other reason, determined by FiCentive using commercially reasonable judgment, that
constitutes an immediate need to halt Card sales and reloads. In the event of such emergency suspension, FiCentive and CLIENT will
have fifteen (15) days from the date of such emergency termination notice to mutually decide whether to resume Card sales and/or
reloads. If the parties fail to mutually agree to resume Card sales and/or reloads during this 15-day period, this Agreement shall
be terminated solely with respect to those CLIENT Partners at which Card sales and reloads were suspended on the earlier of either
(a) the date upon which one or both parties determine(s) that Card sales and/or reloads shall not be resumed at such CLIENT Partners
or (b) the close of business on the 15th day following the date of the emergency suspension notice. CLIENT will provide
FiCentive with the name and 24-hour contact information of an emergency CLIENT contact with the authority and ability to immediately
halt all Card sales and reloads at CLIENT Partners.

12.7    Association
and Bank Approval. All facets of this Agreement are subject to approval by the Debit Networks and the Issuing Bank. Should
the Debit Networks or the Issuing Bank not approve the Program for whatever reason, or once approved, rescind such prior granted
approval, then this Agreement will terminate subject to the provisions of Section 12.4 herein.

    	12

     

    

13.  INDEMNIFICATION

13.1    Each party (the "Indemnifying
Party") shall indemnify, defend and hold harmless the other party (the "Indemnified Party") from any
and all damages, liabilities, costs and expenses (including reasonable attorneys’ fees) incurred by the Indemnified Party
arising out of any claim related to the promotion, sale or funding of the Card: (1) alleging that the Indemnifying Party has infringed
any patent, copyright, trademark or trade right secret of a third party; (2) alleging any breach of any representation or warranty
of the Indemnifying Party contained in this Agreement and any Schedule hereto; (3) with respect to any claim by a consumer or regulating
authority with respect to any fees or charges assessed by FiCentive to those consumers who purchase CLIENT Cards through CLIENT
or CLIENT Partners; or (4) in connection with the performance of any act, any failure to act or the commission of any criminal
act by any of its employees or agents in connection with the promotion, sale or funding of the Card. The Indemnifying Party’s
obligations under this Section 13 are expressly conditioned upon the Indemnified Party promptly notifying the Indemnifying Party
in writing of any such claim and promptly tendering the control and the defense and settlement of any such claim to the Indemnifying
Party at Indemnifying Party's expense and with Indemnifying Party's choice of counsel. Each Indemnified Party shall cooperate with
the Indemnifying Party, at the Indemnifying Party's expense, in defending or settling such claim. Notwithstanding the foregoing,
the Indemnified Party may join in the defense of such action with counsel of its choice at its own expense.

14.DAMAGES AND INJUNCTIVE RELIEF

14.1Limitation on Damages. The
parties to this Agreement each waive any right to recover, and any rights to make claims for, punitive, exemplary, multiple, pain-and-suffering,
mental distress, incidental, indirect, consequential, special, and/or similar damages under any theory whatsoever, even if the
party from whom such damages are sought is aware of the possibility of such damages. FiCentive's maximum liability to CLIENT shall
be limited to an amount equal to the total CLIENT Commissions paid to CLIENT and CLIENT Partners, less the total CLIENT Fees that
would have been charged to produce such CLIENT Commissions, during the 180 day period prior to FiCentive's receipt of written notice
of the alleged breach. CLIENT's maximum liability will be limited to an amount equal to the total CLIENT Fees paid by CLIENT and
CLIENT Partners to FiCentive, less any one-time or setup fees, during the 180 day period prior to CLIENT’s receipt of written
notice of the alleged breach. The parties have agreed on this limitation in recognition of the fact that the calculation of any
actual damages would be exceedingly difficult and subject to speculation and possible abuse and that the foregoing compromises
benefit both parties equally. The limitation of liability set forth in this Section 14.1 shall not apply to any failure by CLIENT
to transmit Cardholder Funds to FiCentive as set forth in this Agreement.

14.2Injunctive Relief. The parties
agree that in the event of a breach of Section 15 below, the disclosing party could suffer irreparable harm for which monetary
damages would be inadequate, and therefore, in addition to any other remedy that the disclosing party might have at law or in equity,
injunctive relief may be appropriate. Neither Party will be required to post a bond in order to obtain any injunctive or other
equitable relief and that a Party's only remedy, if an injunction or other equitable relief is entered against it, will be to obtain
dissolution of such injunction or other order.

15.CONFIDENTIALITY

15.1Confidential Information.
Each party acknowledges and agrees that, in the course of this Agreement and the parties’ relationship, it may be given
access to or otherwise obtain such information of the other party as such other party reasonably considers confidential or proprietary
(“Confidential Information”). Without limitation of the foregoing, all unique and original ideas, concepts,
marketing plans, research results, business plans, Intellectual Property, and this Agreement, shall be considered Confidential
Information.

    	13

     

    

15.2Exceptions. The obligations
set forth herein shall not apply to the extent that information: (i) is now in, or subsequently enters through no fault of the
receiving party, the public domain; (ii) is known to the receiving party without restriction, prior to receipt from the disclosing
party; (iii) is received from any third party reasonably known by such receiving party to have a legal right to transmit such information,
and not under any obligation to keep such information confidential; (iv) is independently developed by the receiving party's employees
or agents provided that the receiving party can show that those same employees or agents had no access to the Confidential Information
received hereunder; or (v) is required to be disclosed under applicable law or in a judicial or other governmental investigation
or proceeding, provided the disclosing party has been given prior notice and opportunity to contest the need for such disclosure
or to seek a protective order therefore.

15.3Use of Confidential Information.
Each party hereby agrees to hold the other party’s Confidential Information in strict confidence, and shall not disclose
such Confidential Information, or any part thereof, to any third-party, except those of its officers, employees, consultants, or
professional advisors on a need to know basis in order for the receiving party to perform its obligations hereunder, provided that
such officers, employees, consultants, or professional advisors shall, prior to any disclosure, have expressly agreed to be bound
to confidentiality obligations no less strict than those described herein. Each party shall remain solely responsible to the other
party for the conduct of its employees and agents with respect to the Confidential Information.

15.4 Public Announcements. Neither
FiCentive nor CLIENT will make any announcement of this Agreement, or any commercial relationship between the two companies, or
make any announcement containing product names, brand names or trademarks of the other company without prior written approval of
the other company. In addition, CLIENT will not make any announcement that discusses Prepaid Cards that are supported or managed
by FiCentive without prior written approval of FiCentive. The foregoing shall not restrict in any respect either party’s
ability to communicate information concerning this Agreement and the transactions contemplated hereby to such party’s affiliates’,
officers, directors, employees and professional advisers.

16.MISCELLANEOUS

16.1Assignment. Neither party
may assign this Agreement or any rights or obligations hereunder, whether by operation of law or otherwise, without the prior written
consent of the other party. However, no consent shall be required for either party to assign this Agreement, along with such party’s
rights and obligations hereunder, in connection with the merger, consolidation or acquisition of such party or the sale of all
or substantially all of its assets. Any attempted assignment in violation of this Section 16.1 shall be void.

16.2Notices. Any notices and
other communications required or permitted under this Agreement shall be effective if in written form and delivered personally
or sent by fax, Federal Express or other generally recognized overnight carrier or by First Class U.S. Mail, with postage prepaid,
addressed to the parties at the addresses set forth on the signature page to this Agreement. Unless otherwise specified herein,
such notices or other communications shall be deemed effective (and to have been received) (a) on the date delivered, if delivered
personally; (b) one (1) business day after being sent, if sent by Federal Express or other generally recognized overnight carrier;
(c) one (1) business day after being sent, if sent by fax with confirmation of good transmission and receipt; or (d) three (3)
business days after being deposited in the U.S. Mail, First Class, with postage prepaid. Each of the parties hereto shall be entitled
to specify another address for receiving notices by giving notice thereof to the other party as set forth herein.

16.3Relationship of the Parties.
Other than the limited agency set forth in Section 1.2 of this Agreement, FiCentive and CLIENT are independent parties, and nothing
contained in this Agreement shall be deemed or construed to create the relationship of principal and agent or of partnership or
joint venture, and neither party shall hold itself out as an agent, legal representative, partner, subsidiary, joint venturer,
servant or employee of the other. Neither party nor any officer or employee thereof shall, in any event, have any right collectively
or individually to bind the other party, to make any representations or warranties, to accept service of process, to receive notice,
or to perform any act or thing on behalf of the other party, except as authorized in writing by such other party in its sole discretion.

    	14

     

    

16.4Force Majeure. Neither party
shall be liable for any delay or failure in its performance of any of the acts required by this Agreement when such delay or failure
arises from circumstances beyond the control and without the fault or negligence of such party. Such causes may include, without
limitation, acts of God, acts of local, state or national governments or public agencies, acts of public enemies, acts of civil
or military authority, labor disputes, material or component shortages, embargoes, rationing, quarantines, blockades, sabotage,
utility or communication failures or delays, earthquakes, fire, flood, epidemics, riots or strikes. The time for performance of
any act delayed by any such event may be postponed for a period equal to the period of such delay.

16.5Time. Time is of the essence
of this Agreement with respect to each and every provision of this Agreement in which time is a factor.

16.6Cumulative Remedies. Unless
expressly set forth herein to the contrary, all remedies set forth herein are cumulative and are in addition to any and all remedies
provided either party at law or in equity.

16.7Waiver and Modification.
No purported waiver by either party of any provision of this Agreement or of any breach thereof shall be deemed to be a waiver
of such provision or of any subsequent breach of the same or any other provision hereof, nor shall either party’s continued
dealing with the other party following a breach of any provisions hereof be deemed to be a waiver of such or any other breach.
No change in, modification of, or addition, amendment or supplement to this Agreement shall be valid unless set forth in writing
and signed by each of the parties hereto.

16.8Successors. This Agreement
shall be binding upon and shall inure to the benefit of the parties hereto and their respective successors and permitted assigns.

16.9Applicable Law. This Agreement
and the rights and obligations of the parties hereunder shall be governed by, and construed and interpreted in accordance with,
the laws of the State of Texas, without regard to the conflict of laws provisions thereof. Any action brought by FiCentive or CLIENT
arising out of or related to this Agreement shall be brought in the state or federal courts located in Bexar County, Texas.

16.10Entire Agreement. This
Agreement, inclusive of all schedules attached hereto, sets forth the entire agreement between the parties hereto, and supersedes
all prior agreements or understandings between the parties pertaining to the subject matter hereof.

16.11Severability. If any provision
of this Agreement (or any portion thereof) is determined to be invalid or unenforceable, the remaining provisions of this Agreement
shall remain in full force and effect and shall be binding on the parties hereto and enforceable in accordance with their terms,
as though the invalid or unenforceable provision (or portion thereof) was not contained in this Agreement.

[Signature Page Follows]

    	15

     

    

IN WITNESS WHEREOF, the parties hereto have
executed this Agreement as of the day and first year above written.

 

	FICENTIVE, INC.	 	C2GO INC. (“CLIENT”)	 
	 	 	 	 
	a Nevada corporation	 	a Nevada corporation	 
	 	 	 	 
	By:	/s/ Louis Hoch	 	By:	 	 
	 	 	 	 
	Louis Hoch, President & CEO	 	Andrew DeMaio, President	 
	 	 	 	 

 

 

    	16

     

    

Schedule A

 

Distribution and CLIENT Partners

 

CLIENT will distribute Client Cards directly to customers through CLIENT’s
website, via transmission of card application by API to FiCentive, for delivery of the Card by FiCentive.

 

CLIENT will also be provided with un-activated cards by FiCentive, which
CLIENT may deliver to customers after the submission of card application data for such cardholder to FiCentive through the CLIENT
Platform. The CLIENT Platform may enable certain of the CLIENT Partners to activate and deliver un-activated Cards under such process.

 

CLIENT Partners will execute CLIENT Partner Agreements, and will fund
their respective CLIENT Partner Prefunding Accounts established thereunder. CLIENT Partners will use the CLIENT Platform to communicate
to FiCentive instructions to make an account-to-account transfer of funds from their respective Client Partner Prefunding Account
to a CLIENT Card or to another Client Partner Prefunding Account.

 

 

	CLIENT Partners	Relationship To CLIENT
	(Include name of partner, website, and physical address)	 
	 	 
	 	 
	 	 
	 	 
	 	 
	 	 

 

 

 

 

 

    	17

     

    

Schedule B

 

CLIENT Fees

Card Program Branding and Setup

 

(Note: All “S” items are optional. FiCentive will not provide
these services and CLIENT will not be assessed these fees until requested by CLIENT in writing.)

 

	Item	Description	Cost
	S.1	
        Co-Branded Card and Card Package Design and Setup

        -         
        Branded Card and Card Package Design

        -         
        Distributor Setup and Administrative Web Portal “DCP” Access

                   
	[  ]+
	S.2	
        Branded Landing Page and Cardholder Web Portal Design and Setup

        -         
        Includes a single branded landing page design and setup, does not include branding on enrollment/login .Adds brand only, does not
        include color or configuration changes.

                   
	[  ]+
	S.3	
        Co-Branded Enrollment/Order Page Design and Setup

        -         
        Includes adding a brand to the enrollment or card order page and the cardholder web portal. Adds brand only, does not include color
        or configuration changes. All pages hosted on akimbocard.com.

         
	$[  ]+
	S.4	
        Branded Mobile App

        -         
        Includes branded mobile application for iOS and Android mobile phone platforms. This option requires S.3.

         
	$[  ]+
	S.5	
        API / Web Service Setup, Certification and Testing Fee

        -         
        Includes 10 hours of API Certification and Testing, additional hours billed at the Customer Development Work rate (S.6)

         
	[  ]+
	S.6	
        Custom Development

        -         
        Scope and estimate agreed upon in writing

         
	$[  ]+ / hr

 

[This Schedule B continues on the following page.]

 

 

 

 

 

+ Confidential material redacted and separately filed with the Commission.

 

    	18

     

    

Schedule B (continued)

 

Card Package and Production Fees

 

	Item	Service	Cost	Notes
	P.1	
        Co-Branded, Akimbo Prepaid MasterCard or Akimbo Gift MasterCard

        (printing and fulfillment)
	Cards per order

                                                                                                                        

                                                                                1 –
                                         250 cards

                                                                                

251 – 1,000 cards

                                                                                

1,001 – 5,000 cards

                                                                                

5,000 – 10,000
    cards

                                                                                

> 10,000 cards
	Cost per card

                                                                                  
 $[  ]+

                                                                                
 $[  ]+

                                                                                
 $[  ]+ 

                                                                                 

                                                                                
 $[  ]+ 

                                                                                 

                                                                                
 $[  ]+  
	
        Does NOT include shipping/postage costs.

         

        Cost per card is determined by the total order size. Card can be ordered on-demand or pre-ordered
        in bulk and used over time.

         

        Cards ordered by consumers online are batched daily and order size is total count of cards
        in each daily order unless pre-ordered in bulk.

         

        EMV Cards (optional) are assessed an additional $1.00 per card charge.

         

	P.2	
        Akimbo-branded, Akimbo Prepaid MasterCard

        (printing and fulfillment)

         
	
        ONLINE ORDERS:

        No charge

         

        BULK ORDERS:

        Costs in P.1 apply
	
        CLIENT will not be charged for consumers ordering Akimbo-branded Akimbo Prepaid MasterCards
        online.

         

        If CLIENT chooses to order bulk, instant-issue Akimbo Prepaid MasterCards for distribution
        at a retail location or bank branch, then fees in P.1 apply.

         

 

[This Schedule B continues on the following page.]

 

 

 

 

 

+ Confidential material redacted and separately filed with the Commission.

 

    	19

     

    

Card Reload Processing Fees

 

	Item	Service	Cost	Notes
	L.1	
        Reload Co-Branded or White-Label Prepaid MasterCard

         

         
	Total Monthly Reload Amount

                                                                                 

                                                                                 $0 to $1,000,000

                                                                                 

                                                                                $1,000,000 to $5,000,000

                                                                                 

                                                                                $5,000,000 to $10,000,000

                                                                                 

                                                                                >$10,000,000
	Cost per Load

                                                                                 

                                                                                

                                                                                

                                         [  ]+

                                                                                 

                                                                                [  ]+

                                                                                 

                                                                                

[ 
    ]+

                                                                                 

                                                                                

[  ]+
	
        Applies to all CLIENT and CLIENT Partner Funded Loads to
        white-label or co-branded prepaid MasterCard accounts.

        Card reloads can be initiated through the Administrative Web Portal (DCP), API or by batch
        file submission.

         

 

 

 

 

 

+ Confidential material redacted and separately filed with the Commission.

 

    	20

     

    

Schedule C

 

CLIENT Commissions

 

Additional Definitions:

 

CLIENT Gift Card – Means an Akimbo Gift MasterCard® or
co-branded Akimbo Gift MasterCard sold or distributed by CLIENT or a CLIENT Partner under the terms of this Agreement.

 

CLIENT Prepaid Card – Means a reloadable Akimbo Prepaid MasterCard®
or co-branded Akimbo Prepaid MasterCard sold or distributed by CLIENT or a CLIENT Partner under the terms of this Agreement.

 

Qualifying Gift Card – Means a CLIENT Gift Card successfully purchased or ordered
by individuals, organizations and/or companies under the appropriate distributor ID, if created through an API or FiCentive developed
web portal, or using the referral codes, referral links or landing pages provided to CLIENT by FiCentive.

 

Prepaid Participant – Means CLIENT Partners, and individuals, organizations
and/or companies which successfully complete enrollment for or registration of a CLIENT Prepaid Card under the appropriate distributor
ID, if created through an API or FiCentive developed web portal, or using the referral codes, referral links or landing pages provided
to CLIENT by FiCentive.

 

Qualifying Account – Means a Card Account affiliated with a CLIENT Prepaid Card
established by a Prepaid Participant.

 

Qualifying Loads – Means the total dollar amount
loaded into a Qualifying Account by a Prepaid Participant, including Prepaid Participant initiated direct deposits originating
from employers and payroll services. This definition of Qualifying Loads also includes Card Account loads of cash and other loading
methods used by the recognized loading agents of the Akimbo Card program such as MasterCard RePower, CLIENT Partner Funded Loads,
ACH (Bank to Card transfers), and any paper check deposits by remote capture.

Net Qualifying Loads – Means Qualifying Loads net
of the total amount of ACH withdrawals (Card-to-Bank transfers) and electronic and paper check bill payments originating from a
Qualifying Account. FiCentive uses Net Qualifying Loads to calculate CLIENT Commissions.

Monthly Net Qualifying Loads – Means the total Net
Qualifying Loads from all Qualifying Accounts that occur within a calendar month.

[This Schedule C continues on the following page.]

    	21

     

    

Schedule C (continued)

 

CLIENT Commissions:

 

		1.	For each Qualifying Account, FiCentive will pay to CLIENT:

	Commission Rate	Total Monthly Net Qualifying Loads
	[  ]+ bps ([  ]+%)	On the first $[  ]+ million in Monthly Net Qualifying Loads
	[  ]+ bps ([  ]+%)	On Monthly Net Qualifying Loads greater than $[  ]+ million

 

Example Calculation: If a Monthly Net Qualifying Loads
totals $7,000,000.00, CLIENT Commissions for Qualifying Accounts are calculated as, $[ ]+*[ ]+ + $[ ]+*[
]+ = $[ ]+.

 

Clawback Provision:

 

If FiCentive determines Qualifying Loads into Qualifying Accounts
are fraudulent, whether because the Participant misrepresented his or her identity, FiCentive becomes aware of unusual or suspicious
activity in a Participant’s Card Account or as a result of any other fraud detection system FiCentive implements; FiCentive
reserves the right to clawback any CLIENT Commissions paid on Net Qualifying Loads that are deemed fraudulent funds at the highest
Commission Rate paid during the month the fraudulent funds were included in the Net Qualifying Loads calculation. The clawback
amount may be deducted from future CLIENT Commission due to CLIENT at FiCentive’s discretion.

 

 

 

 

 

 

 

 

 

 

 

+ Confidential material redacted and separately filed with the Commission.

    	22

     

    

Schedule D

 

FiCentive Services

 

		1)	Support and manage all aspects of the Akimbo Prepaid MasterCard or co-branded Akimbo Prepaid MasterCard program (the “Akimbo
Card”), including:

 

		a.	Hosting and maintaining a marketing website that describes the Akimbo Card in detail, including all load methods, fees, and
other features of the Akimbo Card.

		b.	Hosting and maintaining a co-branded landing page, if requested, that automatically populates CLIENT’s referral codes
if and when a prospective cardholder enrolls for an Akimbo Card.

		c.	Hosting and maintaining an enrollment page where prospective cardholders may enroll for an Akimbo Card.

		d.	Hosting and maintaining a cardholder web application and mobile application where cardholders can securely login and manage
their Akimbo Card, including:

                                                                    
i.      Viewing balance and transactions

                                                                  
ii.      Viewing direct deposit information (i.e. account and routing number)

                                                                
iii.      Initiating loads from an external bank account

                                                                
iv.      Viewing information about cash and check loading

                                                                  
v.      Initiating money transfers to other Akimbo Cards

		e.	Supporting all transaction processing for Akimbo Cards, including:

                                                                    
i.      Signature- and PIN-based purchase and cash withdrawal transactions (including any returns or reversals)
over the MasterCard®, Cirrus®, and Accel® Payment Networks.

                                                                  
ii.      Direct Deposit Load processing

                                                                
iii.      ODFI ACH processing for bank-to-card loads and card-to-bank withdrawals

                                                                
iv.      Cash and check loading through the MasterCard repower and Ingo Money network.

                                                                  
v.      CLIENT Partner Funded Load processing and CLIENT Partner Prefunding Account maintenance

                                                                
vi.      Card-to-card transfer processing between any two Akimbo Cards

		f.	Supporting all non-financial processing activities for Akimbo Cards, including:

                                                                    
i.      Know-Your-Customer (KYC) verification

                                                                  
ii.      Card number and Card Account creation

                                                                
iii.      Card activation

                                                                
iv.      Set and reset Card PIN

                                                                  
v.      Address and phone number changes

		g.	Providing customer support, including:

                                                                    
i.      Cardholder website help pages

                                                                  
ii.      Telephone, Interactive Voice Response (IVR) services, providing cardholders the ability to activate
card and get card balance 24/7.

                                                                
iii.      Live agent telephone support, based in the U.S. available, at a minimum, on Monday through Friday
between 8am and 5pm Central Time, excluding bank holidays.

                                                                
iv.      Email customer support

                                                                  
v.      Reg E-compliant dispute handling for all cardholder initiated transaction disputes.

 

    	23

     

    

Schedule E

 

TRADEMARKS

 

FiCentive

 

FiCentive

Payment Data Systems

Zbill

Billx

Akimbo

Stream

 

CLIENT

 

C2GO

“C” stylized mark

Commissions2Go

Paying People Simply

 

 

 

 

 

 

 

24Exhibit

Exhibit 10.11

New Delphi 1, LLC

October 2, 2009

Jugal K Vijayvargiya
GEN DIR INFOT/DIRVER INTFC PBU
Electronics & Safety – Wuppertal, GERMANY

Dear Jugal:

We are pleased to offer you employment with New Delphi 1, LLC (“Delphi U.S.”), a wholly owned subsidiary of Delphi Holdings LLP, a limited liability partnership incorporated under the laws of England and Wales (“New Delphi”).  If you agree by countersigning this letter, you will become an  executive of Delphi U.S.  upon the effective date of the  Master Disposition Agreement (“MDA”), currently anticipated for the first week of October 2009.

We hope you will accept our offer.   We developed our combination  of base pay,  cash incentive pay, long-term incentive, and benefits to offer compensation that we believe provide substantially similar or better overall economic benefits to what you have had during the bankruptcy.  As with executive compensation throughout our industry, your actual compensation will depend on New Delphi’s success as a company and your individual contribution to that success.

As you are currently an expatriate, this offer is made with the assumption your expatriate assignment will continue.  Your immigration paperwork will be updated for the new legal entity.  The provisions described below apply to you, as appropriate, as a U.S. executive on expatriate assignment or upon your repatriation. 

Because  Delphi U.S. is a newly formed  company,  you will be a new  employee of a newly formed company.   Any obligations from your service  to Delphi  Corporation (“Old Delphi”)  will not be assumed by New Delphi or Delphi U.S., each of which is a separate company.  However, your length of service with Old Delphi applies for purposes of eligibility for certain policies and benefits.  The following summarizes the initial terms of your employment:

		
	•
	Base Salary:  Your base salary will initially be [•] annually and will be increased, effective November 1, 2009 by half of the car allowance you are currently eligible to receive from Old Delphi (as described below).  Your stipend fold in will occur when you repatriate.

		
	•
	Target Annual Incentive:   For the 2010 calendar year, your target annual incentive compensation will be [•].  This target annual  incentive compensation is an increase of [•] above your salaried incentive target at Old Delphi.  This increase will offset certain benefits that will not be offered.  What you actually receive will, of course, be subject to the performance of New Delphi relative to the performance targets established by New Delphi’s Board of Managers (the “Board”), as well as your individual performance.  The Board has the ability to modify the program in consultation with Delphi U.S. management.

		
	•
	LTIP:   New Delphi will implement a Long-Term Incentive Program.  The grants under that program will be the responsibility of the Board.  As with other long-term incentive programs, awards under the program and the value of those awards will depend on the success of New Delphi as a company and upon achieving a meaningful increase in the value of New Delphi, 

_______ Initials        Page 1 of 6

as well as other potential factors such as the occurrence of an IPO or other liquidity event for shareholders.  Investors of New Delphi who have the right to designate a majority of the members of the Board will recommend that all Delphi U.S. executives be eligible to participate and that an award pool with a total potential value of $135,000,000 be available for grant over the first three years of the program, contingent on New Delphi’s success and the targets and conditions contained in the program.  This will be a priority of New Delphi.

		
	•
	Severance:   Under the New Delphi 1, LLC Separation Allowance Plan (SAP), should you be separated from Delphi U.S., and subject to the election described below, you will be eligible to receive the same severance pay, if any, as you would have received from Old Delphi in accordance with the terms of Old  Delphi’s Separation Allowance Plan, as in effect on May 1, 2009.  We note that, like the Old Delphi plan, severance pay will not be payable in the event you are terminated due to a “Discharge” (as defined in the SAP) or if you quit.  The Board will set severance policy and may amend the SAP after two years.

		
	•
	Frozen SERP Benefit:    Under the New Delphi 1, LLC Supplemental Executive Retirement Program (SERP) which is, and will continue to be, frozen, you will be eligible to receive a benefit amount based on the benefit that would have been payable pursuant to the terms of Old Delphi’s Supplemental Executive Retirement Plan but modified in two ways: (a) the benefit under the Old Delphi plan will be calculated based on earnings and service up to December 31, 2006, and (b) an additional 10% reduction of such frozen benefit amount will apply.  In order to receive the SERP benefit, you must remain employed by Delphi U.S. for at least two (2) years following your employment commencement date with Delphi U.S.  This requirement will not apply if (1) your employment is terminated by Delphi U.S., not you, and for reasons other than “Cause,” as defined in the SERP, (2) you die or (3) you reach age 60.

In the event you are separated from employment from Delphi U.S., you have the option to receive either the SAP Benefit or the SERP Benefit, but not both.  You must make your one-time  election simultaneously with your execution and delivery of this offer letter by selecting either “SAP Benefit” or “SERP Benefit” in the space provided below. This election will only apply if you are separated by Delphi U.S.  For example, if you elect the severance but are never separated, you will still be eligible for SERP benefits at the time of your retirement or death.  You will receive separate information involving estimated amounts of your SAP and frozen SERP to assist you in making an election.

Notwithstanding anything else in this offer letter to the contrary, in the event that you have already signed a release of claims against Old Delphi, your prior election to receive severance under such release of claims shall be binding and you shall not be entitled to a new election hereunder.  Delphi U.S. hereby agrees to pay any amounts payable to you pursuant to such release of claims in accordance with its terms, subject to your continued compliance with the terms of such release of claims.

		
	•
	Temporary Lay Offs (TLO):  In 2010, consistent with current policy, you will be required to take at least two (2) weeks of TLO per quarter until New Delphi is globally cash flow positive.   These weeks will be paid at 50% of your base salary (the same policy as was in effect at Old Delphi).

		
	•
	Car Allowance:  Delphi U.S. is not offering a car stipend.  Instead, an amount equal to 50% of the monthly car stipend that you were eligible to receive from Old Delphi will be  rolled into your base salary, upon your repatriation.  The amount of the monthly car stipend that is rolled into your base salary will not count toward your SAP benefit.

_______ Initials        Page 2 of 6

		
	•
	Qualified Retirement Plan – 401(k):   Delphi U.S. will assume the Old Delphi 401(k) plan, and you will retain your 401(k) account.  Delphi U.S. currently intends to make contributions to your 401(k) account equal to 4%  of your base salary,  assuming eligibility.  Once New Delphi has been globally cash flow positive for each of three consecutive months, Delphi U.S. intends to make profit sharing matching contributions equal to 50% of  your contributions, up to a maximum of 3.5%.   Thus if you contribute 7%, Delphi U.S. would match this with a 3.5% contribution.  Of course, Delphi U.S.’s decision to make any contribution or match is subject to the availability of Delphi U.S.’s earnings and cash to contribute to this plan, as determined by the Board.

		
	•
	Nonqualified 401(k):  Delphi U.S. will adopt the New Delphi 1, LLC Salaried Retirement Equalization Savings Program (the “SRESP”), a non-qualified defined contribution plan that operates in a manner similar to a 401(k) plan with respect to compensation above the IRS annual compensation limit.  Delphi U.S. currently intends to make contributions to your 401(k) account equal to 4% of your base salary, assuming eligibility.  As with the qualified 401(k) plan, once New Delphi is globally cash flow positive for each of three consecutive months, Delphi U.S. intends also to match 50% of your contributions on the same basis up to a maximum of 3.5%.  Similarly, the decision to make any matching contributions is subject to the availability of Delphi U.S.’s earnings and cash to contribute to this plan, as determined by the Board.

		
	•
	Health Care:  Your group health insurance policy at Delphi U.S. will initially offer the same benefits and provisions as were provided by Old Delphi.  Employee contribution costs, including co-pays and deductibles, are expected to increase in 2010.  The specific impact upon eligible employees will be determined based in part upon you and your dependent’s eligibility for certain healthy behavior factors that will impact the amount of your  monthly premium.  Also, beginning in January, 2010, if your spouse has coverage from another source, your spouse will be covered by that source rather than by Delphi U.S.  These changes should become effective January 1, 2010, with the details to be provided in the benefit options enrollment package which you will receive later this year.

		
	•
	Life Insurance:  Delphi U.S. intends to provide you with a term-life insurance policy with a face amount equal to 1.5 times your base salary.  The premiums for this policy will be paid by Delphi U.S. while you remain employed by Delphi U.S.

		
	•
	Holidays:  You will initially be entitled to 9 standard holidays and 2 floating holidays.  In 2010, Delphi U.S.’s holidays will be:

New Years Day    Labor Day        Christmas Eve Day
Memorial Day    Thanksgiving        Christmas Day
Independence Day    Day after Thanksgiving    New Years Eve Day

		
	•
	Vacation Schedule:   In accordance with Delphi U.S.’s vacation policy, vacation days will be based upon length of service, in the table shown below, but will cap at 20 days for employees with more than 15 years of service.

_______ Initials        Page 3 of 6

	
		
	

Years of Service
	

Days Vacation

	1 but less than 3
	10 days

	3 but less than 5
	12.5 days

	5 but less than 10
	15 days

	10 but less than 15
	17.5 days

	15 or more
	20 days

		
	•
	Designated Time Off Days:  In addition to vacation, you will accrue additional paid days off based upon length of service up to a maximum of 5 days per year, as shown below.  These days are generally expected to be used for personal appointments, individual sick days, funerals, etc.

	
		
	

Years of Service
	

DTO Days

	1 but less than 3
	2 days

	3 but less than 10
	3 days

	10 but less than 20
	4 days

	20 or more
	5 days

		
	•
	Short- and Long-Term Disability:  You will be eligible to participate in Delphi U.S.’s short- and long-term disability plans on the same basis as similarly situated employees.  The short-term program generally provide for a total of 26 weeks, with the first week at 100% of base pay  and remaining 25 weeks at 60% of base pay.   The long-term program will provide for 40% of your pay for any illness that extends beyond the short- term sickness and accident leave.  You will be able to purchase coverage for up to an additional 20% of pay.

By signing this letter, you acknowledge and agree that the terms of your employment and all policies, practices and procedures of Delphi U.S. are subject to change at the discretion of Delphi U.S. from time to time, except as specifically provided herein with respect to Delphi U.S.’s SERP and severance obligations.

THIS OFFER LETTER IS CONDITIONED UPON YOU CONTRACTUALLY WAIVING AND RELEASING ALL PRE-EXISTING CLAIMS. BY SIGNING THIS LETTER, YOU UNDERSTAND AND AGREE THAT YOU ARE WAIVING AND RELEASING ALL PRE-EXISTING CLAIMS THAT YOU HAD OR MAY HAVE AGAINST OLD DELPHI, NEW DELPHI OR ANY OF THEIR RESPECTIVE AFFILIATES AND SUBSIDIARIES, INCLUDING, WITHOUT LIMITATION, THOSE ARISING FROM ANY PRE-EXISTING EMPLOYMENT, CHANGE IN CONTROL OR OTHER EMPLOYMENT-RELATED AGREEMENTS AND ANY BENEFITS PAYABLE UNDER PRE-EXISTING COMPENSATION AND BENEFITS ARRANGEMENTS, EXCEPT AS SPECIFICALLY PROVIDED HEREIN.

To help you better understand the compensation, policy and benefit program, you may find Delphi U.S.’s policies on my.delphi.com.

You may wish to consult with your HR department or with your own attorney to more fully understand the claims and rights that you will be waiving as a consequence of accepting this offer of employment.

As you evaluate this offer there are several things to keep in mind.  Delphi U.S. is a new company and as such, you will be required to complete new “on boarding” forms which are effective upon 

_______ Initials        Page 4 of 6

your signature of acceptance at the bottom of this letter.  Additionally, please read the attached acknowledgment, which you will also need to sign and return with your acceptance.  This document acknowledges Delphi U.S.’s employment policy, which is “at will” employment on a day-to-day basis.  As described above, the policies which applied to Old Delphi cease to exist as of the effective date and Delphi U.S.’s policies will govern your employment going forward.

To accept the offer, you must sign both this offer letter and the attached employment acknowledgement notice and return the forms to your personnel representative or office by to your employment commencement date.  Your local HR department should also be able to assist.

We are all aware of the great sacrifices Old Delphi executives have made to preserve the company, to protect its reputation and to serve Old Delphi’s customers.  We recognize the toll that being simultaneously in reorganization and recession takes. Nonetheless, we believe that New Delphi can and will succeed, will restore its financial health and its honored position among its customers. New Delphi starts with great products, a good reputation, great financial resources and the opportunity that technology and competitive industry provides.  But it cannot succeed without dedicated and skilled management.  There is no question that New Delphi faces challenges.  We hope you will accept those challenges, accept our offer, join the New Delphi team and be a part of New Delphi’s vibrant future.

NEW DELPHI 1, LLC

__________________________________
By:  David J. Miller

By my signature below, I indicate acceptance and understanding of the terms and conditions contained herein and confirm that I have read and understand the changes in my compensation, benefits and rights as referenced herein and as made available to me for review on the Delphi U.S. website. I understand that New Delphi and Delphi U.S. may amend, modify or terminate their respective benefit plans and programs at any time, except as specifically provided herein with respect to Delphi U.S.’s SERP and severance obligations.

Additionally, by my signature below, I hereby waive and release all pre-existing claims that I had or may have against Delphi  Corporation, Delphi Holdings LLP,  New Delphi 1,

LLC and each of their respective affiliates, including, without limitation, those arising from any pre-existing employment, change in control or other employment-related agreements, except as otherwise specifically provided herein.  Furthermore, I indicate that I am voluntarily waiving and releasing all pre-existing claims against Delphi Corporation, Delphi Holdings LLP, New Delphi 1, LLC and each of their respective affiliates, except as otherwise specifically provided herein, and I confirm that I have read and understand the consequences of such waiver and release.

In accordance with the terms of this offer letter, I hereby irrevocably elect to receive the following payment in the event of my eligible termination of employment with Delphi U.S. (select one):

SAP Benefit ____

_______ Initials        Page 5 of 6

SERP Benefit ____

_____________________________________        Date:  October ___, 2009
Jugal K. Vijayvargiya

_______ Initials        Page 6 of 6

NEW DELPHI 1, LLC
EMPLOYMENT, INTELLECTUAL PROPERTY, AND
INFORMATION SECURITY POLICY ACKNOWLEDGEMENT

		
	1.
	The undersigned (the “Employee”) agrees to devote his or her full business time and service in the employ of New Delphi 1, LLC (the “Employer”) in such capacity as the Employer may direct from time to time.

		
	2.
	The Employee acknowledges that all  employment  relationships between the Employer and its respective employees shall be on an employment-at-will basis, as defined by applicable law, meaning that either the Employer or the Employee may terminate the Employee’s employment at any time with our without notice and with or without cause, for any reason or no reason.  In consideration of the services to be performed by the Employee for the Employer, in any and every capacity, the Employer agrees to pay the Employee, in one or more installments, as long as the employment continues.

		
	3.
	The Employee acknowledges that the Employer is a newly formed company.  As such, there are no carry-over rights from Delphi Corporation (“Old Delphi”), except that the Employer has agreed to give the Employee credit for years of service with Old Delphi for purposes of participation in the Employer’s severance plan and vacation eligibility.

		
	4.
	The Employee acknowledges that the Employer reserves the right to change, modify or amend its policies from time to time at its sole discretion except as expressly identified in his/her executive offer letter dated October 2, 2009.

		
	5.
	In consideration of the compensation paid the Employee in connection with his or her employment and the opportunity which such employment affords the Employee to become acquainted with the Employer’s business, including activities of the Employer in connection with engineering, research or development work, the Employee agrees:

		
	a.
	To assign to the Employer (or any subsidiary of the Employer designated by the Employer) all rights to all patents, utility models, industrial designs, trademarks, service marks, semiconductor chip mask works and copyrights on all writings, designs, inventions and works that are conceived, made, invented or suggested during the term of employment and are connected with his or her work or are otherwise related to the business of the Employer.  (The business of the Employer includes the business that exists or is anticipated at the time the rights come into existence.)

		
	b.
	To promptly disclose such writings, designs, inventions and works to the Employer.

		
	c.
	To sign, whether during or after employment, patent applications and other lawful papers that the Employer considers helpful to secure and enforce such rights.  The Employer will bear all expense related to such activities.

		
	d.
	That this agreement does not apply to an invention that the Employee developed entirely on his or her own time without using the Employer’s equipment, supplies, facilities, or trade secret information, except for those inventions that either relate at the time of conception or reduction to practice of the invention directly to the Employer’s business, or to actual or demonstrably anticipated research or development of the Employer, or result from any work performed by the Employee for the Employer. This agreement does not affect the Employer’s ownership of rights in works made for hire.

		
	e.
	Not to disclose to the Employer, or use during employment for the Employer, any of his or her prior inventions that the Employer is not entitled to use or any proprietary information belonging to others (including his or her prior employers) unless prior written approval is obtained.  This paragraph does not apply to inventions that the Employee was obligated to assign to General Motors Corporation prior to 1 January 

1999, to proprietary information belonging to General Motors Corporation prior to 1 January 1999 or to inventions or propriety information belonging to Old Delphi.
		
	6.
	The Employee acknowledges that, by virtue of his or her employment, he or she may become aware of  certain proprietary or confidential information regarding the Employer, its customers and its suppliers.  Employee acknowledges and agrees:

		
	a.
	To abide by the Employer’s Information Security and Customer Protection (IS&C) policy, as the same may be amended from time to time.

		
	b.
	To protect the business and technical information and other proprietary information created or obtained during employment from the Employer or any of its customers or suppliers.

		
	c.
	To protect and not disclose to anyone, outside of the Employer, in any manner whatsoever, either in whole or in part, except as required to conduct the business of the Employer, any and all information and data of any nature, for any reason, relating to the products, processes, business work, design, methods, styling, inventions and facilities of the Employer, its customer or its suppliers, which the Employee may in any way acquire by reason of employment. The Employee acknowledges that this requirement pertains not only to information and data that is gained subsequent to this document, but also to any information and data that the Employee may have become aware of prior to the date of this document as part of employment with the Employer.  The Employee agrees that this duty to not disclose information survives the termination of employment with the Employer or transfer of employment to another division, subsidiary or joint venture of the Employer.

		
	d.
	That communication of information and data, within Employer, will be on a need-to-know basis.

		
	7.
	The Employer and the Employee acknowledge that there are no other arrangements, agreements, or understandings, verbal or in writing, regarding same and that any modification or amendment hereof, other than a cancellation and replacement hereof by another written form of agreement, must be endorsed hereon in writing and initialed by both the Employee and the Employer.

By my signature below I indicate acceptance and understanding of the terms and conditions contained herein and confirm that I have read and understand the changes to my compensation, policies, benefits and rights as referenced herein and in the offer letter.  Additionally, I acknowledge and agree that all policies, practices and procedures of the Employer are subject to change at the discretion of management from time to time.

DATE:____________    EMPLOYEE:_______________________________
Print Name:

DATE:____________    NEW DELPHI 1, LLC
REPESENTATIVE__________________________ 

Page 2 of 2

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00253-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00253-of-00352.parquet"}]]