Document:

Form of Common Stock Purchase Agreement

  
 Exhibit 10.29

 Single Touch Systems, Inc. 
 COMMON STOCK PURCHASE AGREEMENT 
 This Common Stock Purchase Agreement (the
“Agreement”) is made as of ____________ 2010, by and between Single Touch Systems, Inc., a Delaware corporation (the “Company”), and _____________, an investor (the “Purchaser”).

 AGREEMENT 

NOW THEREFORE, the undersigned agree as follows: 
 1. Sale of Stock. Subject to the terms and conditions of this Agreement, on the Purchase Date (as defined below) the Company will issue and sell to Purchaser, and Purchaser agrees to
purchase from the Company, _______________ Units of the Company’s Common Stock (the “Shares”) for $3.00 per unit for a total purchase price of
$                    . 
 Each unit
consists of four Common Shares and one Warrant to purchase one common share at a purchase price of $1.00 per share expiring 3 years from the purchase date. Fractional Warrants will not be issued. (Example: four common shares purchased will also
receive one warrant, valid for three years, to purchase an additional common share at a price of $1.00) 
 The term “Shares”
refers to the purchased Shares and all securities received in replacement of or in connection with the Shares pursuant to stock dividends or splits, all securities received in replacement of the Shares in a recapitalization, merger, reorganization,
exchange or the like, and all new, substituted or additional securities or other properties to which Purchaser is entitled by reason of Purchaser’s ownership of the Shares. 
 2. Purchase. The purchase and sale of the Shares under this Agreement shall occur at the principal office of the Company simultaneously with the execution of this Agreement by the parties or
on such other date as the Company and Purchaser shall agree (the “Purchase Date”). 
 3. Representations and Warranties
of the Purchaser. In connection with the purchase of the Shares, Purchaser represents to the Company and understands that the Company is relying upon the following: 
 (a) Purchaser has had an opportunity to ask questions of and receive answers from duly designated representatives of the Company concerning the terms and conditions of the offering and has been afforded
an opportunity to examine such documents and other information which Purchaser or his/her representative, if any, has requested for the purpose of answering any questions Purchaser or his/her representative, if any, may have concerning the business
and affairs of the Company. 
 (b) Purchaser acknowledges and understands that these Securities have not been registered under
the Securities Act of 1933, as amended (the “Act”), and must be held indefinitely unless they are subsequently registered under the Act and/or applicable state securities laws, or exemptions from such registration are available. The
Company is the only entity which may register its Securities under the Act and has not made any representation, 

  
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warranties, or covenants regarding the registration of the Securities or exemption under the Act. Purchaser acknowledges that the Company has no obligation to register or qualify the Shares for
resale. Purchaser further acknowledges that if an exemption from registration or qualification is available, it may be conditioned on various requirements including, but not limited to, the time and manner of sale, the holding period for the Shares,
and requirements relating to the Company which are outside of the Purchaser’s control, and which the Company is under no obligation and may not be able to satisfy. 
 (c) Purchaser is aware that the Securities are and will be, when issued, “RESTRICTED SECURITIES” as that term is defined in Rule 144 (the “Rule”) of the General Rules and
Regulations under the Act. Purchaser is fully aware of the applicable limitations on the resale of the Securities. 
 (d)
Purchaser understands that any and all certificates representing the Securities and any and all securities issued in replacement thereof or in exchange therefore shall bear the following legend, or one substantially similar thereto, which Purchaser
has read and understands; 
 “THE SECURITIES REPRESENTED BY THIS CERTIFICATE HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933 (THE
ACT) AND ARE RESTRICTED SECURITIES AS THAT TERM IS DEFINED IN RULE 144 UNDER THE ACT. THE SECURITIES MAY NOT BE OFFERED FOR SALE. SOLD, OR OTHERWISE TRANSFERRED EXCEPT PURSUANT TO AN EFFECTIVE REGISTRATION STATEMENT UNDER THE ACT OR PURSUANT TO AN
EXEMPTION FROM REGISTRATION UNDER THE ACT. THE AVAILABILITY OF WHICH IS TO BE ESTABLISHED TO THE SATISFACTION OF THE COMPANY.” 
 (e) in addition, the certificates representing the Securities, and any and all securities issued in replacement thereof or in exchange therefore, shall bear such legend as may be required by the
securities laws of the state in which the Purchaser resides; also any legend required to be placed thereon by the California Commissioner of Corporations. 
 (f) Because of the restrictions imposed on resale, Purchaser understands that the Company shall have the right to note stop-transfer instructions in the stock transfer record, and Purchaser has been
informed of the Company’s intention to do so. Any sales, transfers, or any other dispositions of the Securities by Purchaser, if any, will be in compliance with the Act. 
 (g) Purchaser acknowledges that the Purchaser has such knowledge and experience in financial and business matters as to make an informed investment decision based upon information as Purchaser may have
requested and received from the Company. 
 (h) Purchaser further represents that Purchaser can bear the economic risk of loss
of his/her entire investment; that the address set forth below is his/her principal residence [or, if Purchaser is a corporation, partnership or other entity, the address of its principal place of business]; that Purchaser intends to purchase the
Securities for Purchaser’s own account and not, in whole or in part, for the account of any other person; Purchaser is purchasing the Shares for investment for its own account only and not with a view to, or for resale in connection with, any
“distribution” thereof within the meaning of the Securities Act. 

  
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 (i) Purchaser
understands that Purchaser may suffer adverse tax consequences as a result of Purchaser’s purchase or disposition of the Shares. Purchaser represents that Purchaser has consulted any tax consultants Purchaser deems advisable in connection with
the purchase or disposition of the Shares and that Purchaser is not relying on the Company for any tax advice. 
 4.
Miscellaneous. 
 (a) Governing Law. This Agreement and all acts and transactions pursuant hereto and
the rights and obligations of the parties hereto shall he governed, construed and interpreted in accordance with the laws of the State of California, without giving effect to principles of conflicts of law. 

(b) Entire Agreement; Enforcement of Rights. This Agreement sets forth the entire agreement and understanding of the
parties relating to the subject matter herein and merges all prior discussions between them. No modification of or amendment to this Agreement, nor any waiver of any rights under this Agreement, shall be effective unless in writing signed by the
parties to this Agreement. The failure by either party to enforce any rights under this Agreement shall not be construed as a waiver of any rights of such party. 
 (c) Severability. If one or more provisions of this Agreement are held to be unenforceable under applicable law, the parties agree to renegotiate such provision in good faith. In the event
that the parties cannot reach a mutually agreeable and enforceable replacement for such provision, then (i) such provision shall be excluded from this Agreement. (ii) the balance of the Agreement shall he interpreted as if such provision
were so excluded and (iii) the balance of the Agreement shall be enforceable in accordance with its terms. 
 (d)
Construction. This Agreement is the result of negotiations between and has been reviewed by each of the parties hereto and their respective counsel, if any: accordingly, this Agreement shall be deemed to be the product of all of the
parties hereto, and no ambiguity shall be construed in favor of or against any one of the parties hereto. 
 (e)
Notices. Any notice required or permitted by this Agreement shall be in writing and shall he deemed sufficient when delivered personally or sent by fax or 48 hours after being deposited in the U.S. mail, as certified or registered
mail, with postage prepaid, and addressed to the party to be notified at such party’s address or fax number as set forth below or as subsequently modified by written notice. 

(f) Counterparts. This Agreement may be executed in two or more counterparts, each of which shall be deemed an original and
all of which together shall constitute one instrument. 
 (g) Successors and Assigns. The rights and benefits of
this Agreement shall inure to the benefit of, and be enforceable by, the Company’s successors and assigns. The rights and obligations of Purchaser under this Agreement may only be assigned with the prior written consent of the Company.

 (h) California Corporate Securities Law. THE SALE OF THE SECURITIES WHICH ARE THE SUBJECT OF THIS AGREEMENT HAS
NOT BEEN QUALIFIED WITH THE COMMISSIONER OF CORPORATIONS OF THE STATE OF CALIFORNIA 

  
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AND THE ISSUANCE OF THE SECURITIES OR THE PAYMENT OR RECEIPT OF ANY PART OF THE CONSIDERATION THEREFOR PRIOR TO THE QUALIFICATION IS UNLAWFUL, UNLESS THE SALE OF SECURITIES IS EXEMPT FROM
QUALIFICATION BY SECTION 25100, 25102 OR 25105 OF THE CALIFORNIA CORPORATIONS CODE. THE RIGHTS OF ALL PARTIES TO THIS AGREEMENT ARE EXPRESSLY CONDITIONED UPON THE QUALIFICATION BEING OBTAINED, UNLESS THE SALE IS SO EXEMPT. 

5. Method of Payment. 

Purchaser encloses: (1) a check or wire transfer in the amount of
$                     made payable to the order of Single Touch Systems, Inc. to be deposited in the corporation’s general account
together with (2) the Purchaser Questionnaire. 
  

			
	Mailing Instructions:	  	Wire Transfer Instructions:
	 Single Touch Systems, Inc.
 2235 Encinitas Blvd., Suite 210
 Encinitas, California 92024
	  	 Single Touch Systems, Inc.
 Swift: WFBIUS6S
 Account # 201-817-3898
 Routing # 121000248
 Wells Fargo Bank
 Rancho Santa Fe Office
 6008 Paseo Delicias
 Rancho Santa Fe, CA 92067
 Phone: 858-756-4480

6. Form of Ownership (check one) 
  

	 	 ̈	Individual (one signature required) 

  

	 	 ̈	Joint Tenants with right or survivorship (both parties must sign) 

  

	 	 ̈	Community property 

  

	 	 ̈	Tenants in common (both parties must sign) 

  

	 	 ̈	Trust 

  

	 	 ̈	Corporation 

  

	 	 ̈	Partnership 

 7. Registration of
Securities with the Company Transfer Agent 
 Please print here exact name(s) in which you want the Securities Issued:

   
  

  
  

  
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 8. Execution.

 By executing the applicable section below, I agree to be bound by all terms, provisions, warranties, and conditions contained
in this document 
 Individuals: 
  

							
	______________________	  	______________________	  	______________________	  	______________________
	Print or Type Name	  	Signature	  	Date	  	Soc. Sec, #
				
	______________________	  	______________________	  	______________________	  	______________________
	Print or Type Name	  	Signature	  	Date	  	Soc. Sec, #
				
	 	  	 	  	 	  	 
	Address	  		  		  	

 Partnerships, Corporations or Other Entities: 

 

			
	  	  	 
	  	  	  
	Print or Type Name	  	
		
	 	  	 
	Address	  	
		
	 	  	____________________
	Taxpayer I.D. Number	  	Date
	
	 _________________________________________________________________________

	Signature	  	
		
	 	  	 
	Print or Type Name and Indicate Title or Position with Entity	  	

  
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 Disposition of Purchase Agreement

 The foregoing subscription (is ... is not ...) accepted this ____ day of ______________, 2010. 

 

			
	Single Touch Systems, Inc.
		
	By:	 	 
	Name:	 	Anthony Macaluso
	Title:	 	Chief Executive Officer

  
 6Settlement Agreement and Mutual General Release

  
 Exhibit 10.30

 SETTLEMENT AGREEMENT AND MUTUAL GENERAL RELEASE 

This Settlement Agreement and Mutual General Release (“Settlement Agreement and Mutual General Release”) is made and given by
and between FORT ASHFORD FUNDS, LLC, a California limited liability company (“Fort Ashford”), SINGLE TOUCH SYSTEMS INC., a Delaware corporation (“SITO”), SINGLE TOUCH INTERACTIVE, INC., a Nevada corporation, doing business in
California (“STI”), ANTHONY G. MACALUSO (“Macaluso”), an individual and FRANK KAVANAUGH (“Kavanaugh”), an individual. Collectively known as (the “Parties”) 

1. Disputes. The Parties recognize that there are several disputes and potential disputes among them, including but not limited to
those related to that certain One Million Dollars ($1,000,000.00) loan with an original agreement dated December 5, 2008 as amended including: a Guaranty, dated December 5, 2008, signed by Anthony Macaluso, together with the Collateral
described in the Loan and Security Agreement dated December 5, 2008; and as described in the UCC Financing Statement (Form UCC-1) filed in the State of Delaware on December 5, 2008 as filing number 2008-4048698; and as described in the UCC
Financing Statement (Form UCC-1) filed in the State of Nevada on December 8, 2008, as filing number 2008036962-8. (the “Loan”). 
 Additionally, disputes and potential disputes among the parties include those that may exist between the entities, individuals or combinations thereof. 

The Parties intend to settle, compromise, and finally resolve, upon the terms and conditions set forth in this Settlement Agreement and
Mutual General Release, all of the disputes and potential disputes between them. 
 2. Equity Payment. In consideration
for Fort Ashford and Kavanaugh’s agreements and releases contained herein, SITO hereby (in addition to the other agreements and releases given by SITO, STI and Macaluso herein) shall deliver a certificate for one million (1,000,000) common
shares of Single Touch Systems, Inc. common stock, contemporaneously with the full execution of this Settlement Agreement and Mutual General Release, to and in the name of FORT ASHFORD FUNDS, LLC. (the “Securities”). 

Fort Ashford and Kavanaugh are aware that the Securities are and will be, when issued, “RESTRICTED SECURITIES” as that term is
defined in Rule 144 (the “Rule”) of the General Rules and Regulations under the Securities Exchange Act of 1934. Fort Ashford and Kavanaugh are fully aware of the applicable limitations on the resale of the Securities. SITO will
include the securities in any registration statement it may file. This is a Piggyback registration right only. SITO is not required to file any registration statement related to this Settlement Agreement and Mutual General Release. Any registration
of the Securities shall be at no cost to Fort Ashford. 
 The parties agree that any and all damages considered under this
release is limited in value to $370,000. In full and complete settlement of said damages, SITO agrees to issue the Equity Payment 1,000,000 restricted shares of its common stock. 

3. Release of Security, Dismissals and Confirmation of Satisfaction. Fort Ashford and Kavanaugh shall, simultaneously with
execution and delivery of this Settlement Agreement and Mutual General Release, execute any required documents to terminate any and all UCC-1 or other filings made against SITO, STI and/or Macaluso as SITO, STI and/or Macaluso shall reasonably
request of Fort Ashford and/or Kavanaugh; and subsequent if reasonably requested and require to complete. Fort Ashford and Kavanaugh shall respond to any reasonable confirmation requests from SITO’s Auditing accountants. 

  
 4. Releases.
Fort Ashford and each of its current, former and future subsidiaries, affiliates, related entities, employee benefit plans, creditors and stockholders and each of its and their fiduciaries, predecessors, successors, officers, directors,
stockholders, members, agents, employees and assigns and Kavanaugh, for himself and his heirs, legatees, executors, administrators, relatives, spouse, assigns and successors, fully and forever releases and discharges SITO, STI and each of its
current, former and future subsidiaries, affiliates, related entities, employee benefit plans, creditors and stockholders and each of its and their fiduciaries, predecessors, successors, officers, directors, stockholders, members, agents, employees
and assigns and Macaluso and his heirs, legatees, executors, administrators, relatives, spouse, assigns and successors (collectively, “SITO, STI and Macaluso Releasees”), with respect to any and all claims, liabilities and causes of
action, of every nature, kind and description, in law, equity or otherwise, which have arisen, occurred or existed at any time before the signing of this Settlement Agreement And Mutual General Release. 

SITO, STI and each of its current, former and future subsidiaries, affiliates, related entities, employee benefit plans, creditors and
stockholders and each of its and their fiduciaries, predecessors, successors, officers, directors, stockholders, members, agents, employees and assigns and Macaluso, for himself and his heirs, legatees, executors, administrators, relatives, spouse,
assigns and successors, fully and forever releases and discharges Fort Ashford and each of its current, former and future subsidiaries, affiliates, related entities, employee benefit plans, creditors and stockholders and each of its and their
fiduciaries, predecessors, successors, officers, directors, stockholders, members, agents, employees and assigns and Kavanaugh and his heirs, legatees, executors, administrators, relatives, spouse, assigns and successors (collectively, “Fort
Ashford and Kavanaugh Releasees”), with respect to any and all claims, liabilities and causes of action, of every nature, kind and description, in law, equity or otherwise, which have arisen, occurred or existed at any time before the signing
of this Settlement Agreement And Mutual General Release. 
 5. Waiver of Civil Code Section 1542. Fort Ashford,
Kavanaugh, SITO, STI and Macaluso expressly waive any and all rights and benefits conferred upon him/it by Section 1542 of the Civil Code of the State of California, which states as follows: 

“A general release does not extend to claims which the creditor does not know or suspect to exist in his or her favor at the time
of executing the release, which if known by him or her must have materially affected his or her settlement with the debtor.” 
 The
parties agree that they will not use any substantially similar common law principle or other federal or state statute to defeat the intent of this Paragraph, and to that extent the parties waive any such substantially similar common law principle.

 6. Release Applies To All Claims. Fort Ashford and Kavanaugh expressly agree and understand that the release given by
it pursuant to this Settlement Agreement and Mutual General Release applies to all unknown, unsuspected, and unanticipated claims, liabilities, and causes of action which it may have against SITO, STI and Macaluso, and this release shall be fully
effective even in the event that the parties hereafter discover facts in addition to, or different from, those which they/he/it (or any of them) now know or believe to be true. 

  
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 SITO, STI and Macaluso
expressly agree and understand that the release given by it pursuant to this Settlement Agreement and Mutual General Release applies to all unknown, unsuspected, and unanticipated claims, liabilities, and causes of action which it may have against
Fort Ashford and Kavanaugh, and this release shall be fully effective even in the event that the parties hereafter discover facts in addition to, or different from, those which they/he/it (or any of them) now know or believe to be true. 

7. No Prior Assignment of Claims. Each of Fort Ashford, Kavanaugh, SITO, STI and Macaluso represents and warrants that he/it has
not sold, assigned, conveyed, pledged, encumbered, or otherwise in any way transferred to any person or entity any interest in the rights, claims, or causes of action he/it is releasing in this Settlement Agreement and Mutual General Release.

 8. Confidential. Other than the fact that the matter has been settled and as SITO may be required to disclose
publically in its reports filed with the Securities and Exchange Commission, the parties agree to keep the terms and conditions of this Agreement confidential, and not to disseminate, publish, discuss with or disclose the terms or conditions to
third parties other than attorneys and accountants performing services for either party; provided, however, that the parties may disclose the fact and amount of settlement to their officers, directors, affiliates, consultants and advisers. Except as
otherwise provided, the parties agree to use their best efforts to maintain in confidence the existence of this Agreement, the contents and terms of this Agreement, and the consideration given in this Agreement. 

9. No Disparagement. Each party agrees that he/it each will use his/its reasonable best efforts to not make any voluntary
statements, written or verbal, or cause or encourage others to make any such statements that defame, disparage or in any way criticize the reputation, business practices or conduct of the other party. 

10. Entire Agreement. This Settlement Agreement And Mutual General Release contains the entire understanding and agreement between
the parties hereto with respect to the matters referred to herein and supersedes any and all prior and contemporaneous commitments, undertakings and agreements, whether written or oral. The parties further acknowledge and agree that parol evidence
shall not be required to interpret the intent of the parties. No other representations, covenants, undertakings, or other prior or contemporary agreements, whether oral or written, respecting such matters, which are not specifically incorporated
herein, shall be deemed in any way to exist or bind any of the parties. The parties acknowledge that each party has not executed this Settlement Agreement and Mutual General Release in reliance on any other promise, representation, or warranty.

 11. Facilitation. Each party hereto agrees to execute and perform such other documents and acts as are reasonably
required in order to facilitate the terms of this Settlement Agreement and Mutual General Release, and the intent thereof, and to cooperate in good faith in order to effectuate the provisions of this Settlement Agreement and Mutual General Release.

 12. This Agreement Is Reasonable. The parties acknowledge that this Settlement Agreement and Mutual General Release is
reasonable, valid, and enforceable. 
 13. Waiver, Amendment, and Modification of Settlement Agreement And Mutual General
Release. The parties agree that no waiver, amendment, or modification of any of the terms and/or conditions of this Settlement Agreement and Mutual General Release shall be effective unless in writing and signed by all parties affected by the
waiver, amendment, or modification. No waiver of any term, condition or default of any term of this Settlement Agreement and Mutual General Release shall be construed as a waiver of any other term, condition or default. 

  
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 14.
Counterparts. This Settlement Agreement and Mutual General Release may be signed in counterparts and said counterparts shall be treated as though signed as one document. Delivery of signed counterparts electronically shall be deemed valid
delivery for all purposes. 
 15. Attorneys’ Fees and Costs. Each party shall be responsible for his/its own legal
fees and costs with respect to the Action and resolution thereof, including but not limited to those incurred in connection with the negotiation, preparation and entering into of this Settlement Agreement and Mutual General Release. In the event of
any legal, arbitration or administrative proceedings after the date of this Settlement Agreement and Mutual General Release with respect to any claim covered by the release provisions of this Settlement Agreement and Mutual General Release, or with
respect to enforcement or interpretation of this Settlement Agreement and Mutual General Release, if a party hereto is the prevailing party, he/it shall be entitled to recover his/its reasonable attorneys fees and costs 

16. Venue. Any controversy or claim between the parties/any other Releasee, including any claims for interpretation or breach of
this Settlement Agreement and Mutual General Release, shall be resolved in any court having jurisdiction thereof in the County of San Diego, California. 
 17. California Law. This Settlement Agreement and Mutual General Release and its terms shall be governed by and construed under California law. 

18. Representation by Counsel; No Coercion. Each of Fort Ashford, Kavanaugh, SITO, STI and Macaluso hereby acknowledge, represent,
and warrant that he/it has, in connection with the Action and resolution thereof, been represented by, consulted with, and advised by qualified and competent legal counsel, prior to the execution of this Settlement Agreement And Mutual General
Release. Each party hereto hereby agrees that he/it has read this Settlement Agreement and Mutual General Release carefully, and understand the import and substance of each and all of the terms set forth in this Settlement Agreement and Mutual
General Release. Each of Fort Ashford, Kavanaugh, SITO, STI and Macaluso understands and agrees that if any of the facts or matters upon which he/it now relies in making this Settlement Agreement and Mutual General Release hereafter prove to be
otherwise, this Settlement Agreement and Mutual General Release will nonetheless remain in full force and effect. Each of Fort Ashford, Kavanaugh, SITO, STI and Macaluso is entering this agreement voluntarily, without any coercion, and based upon
his/its own judgment. 
 19. No Presumption From Drafting. Given that the parties have had the opportunity to draft,
review, and edit the language of this Settlement Agreement and Mutual General Release with the assistance and advice of counsel, no presumption for or against any party arising out of drafting all or any part of this Settlement Agreement and Mutual
General Release will be applied in any action involving this Settlement Agreement and Mutual General Release. Accordingly, the parties hereby waive the benefit of any federal, state or local law, providing that in cases of uncertainty, language of a
contract should be interpreted against the party who caused the uncertainty to exist. This Settlement Agreement and Mutual General Release is the product of a negotiated, bargained for, exchange of mutual valuable consideration. 

  
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 20. Covenant Not To
Sue. The parties agree that they shall not encourage, solicit, initiate, institute, commence, continue, file, or otherwise prosecute, whether directly or indirectly, or through a third party, any action, lawsuit, cause of action, claim, demand,
or legal proceedings for or arising out of or relating to any claim, etc. released hereby. Notwithstanding anything herein to the contrary, a party is allowed to (pursuant to Paragraph 16) commence an action to enforce the terms of the
Settlement Agreement and Mutual General Release. 
 21. Severability. This Settlement Agreement and Mutual General
Release is severable. If any portion(s) of this Settlement Agreement and Mutual General Release is found to be unenforceable, the portion(s) shall be construed in such a manner as will to the maximum extent possible enable such portion(s) to be
enforceable, the remaining portions of this Settlement Agreement and Mutual General Release shall be enforced to the maximum extent possible, the unenforceable portion will not affect the enforceability of the remaining provisions, and the courts
may enforce all remaining provisions to the extent permitted by law. 
 22. Effect of Settlement. The parties each
acknowledge and agree (a) that the terms specified in this Settlement Agreement and Mutual General Release are a full and complete compromise of matters involving disputed issues of law and fact; (b) that neither any party’s agreement
to these terms nor any party’s statement made during the negotiations for this Settlement Agreement and Mutual General Release shall be considered, nor shall they be, admissions by any party hereto; and (c) that no past or present
wrongdoing shall be implied or claimed on the part of the parties to this Settlement Agreement and Mutual General Release. 

23. No Admissions By Parties. Nothing contained in this Settlement Agreement and Mutual General Release is intended to, or shall
be deemed or construed to, be an admission by any party hereto, for any liability whatsoever, to any or all of the parties, except as may be otherwise expressly provided for in this Settlement Agreement and Mutual General Release. 

24. Time Is Of The Essence. Time is of the essence for the performance of each and every covenant and the satisfaction of each and
every condition contained in this Settlement Agreement and Mutual General Release. 
 25. Limitation of Express or Implied
Future Obligations. The Parties agree that no new business relationship, obligation, express or implied duty, promise or any other relationship shall exist or be created in any manner oral written or otherwise between SITO, STI or any of its
current, former and future subsidiaries, affiliates, related entities, employee benefit plans, and their fiduciaries, predecessors, successors, officers, directors, members, agents, employees or assigns and Fort Ashford or Kavanaugh without a
written agreement signed and approved by a majority of the Board of Directors of SITO. 

  
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		 		  		  	BORROWERS:
				
		 		  		  	SINGLE TOUCH SYSTEMS, INC.
		 		  		  	a Delaware corporation, doing business in California
					
	Date: 	 	  9  30  10                
            	  		  	By:	  	 /s/ Anthony G. Macaluso

		 		  		  		  	 President

				
		 		  		  	SINGLE TOUCH INTERACTIVE, INC.
		 		  		  	a Nevada corporation, doing business in California
					
	Date:	 	  9  30  10	  		  	By:	  	 /s/ Anthony G. Macaluso

		 		  		  		  	 President

				
		 		  		  	GUARANTOR:
				
	Date:	 	  9  30  10	  		  	 /s/ Anthony G. Macaluso

		 		  		  	Anthony G. Macaluso, an individual
				
		 		  		  	LENDER:
				
		 		  		  	FORT ASHFORD FUNDS, LLC
		 		  		  	A California limited liability company
					
	Date:	 	  9/30/10	  		  	By:	  	 /s/ Frank Kavanaugh

		 		  		  		  	 Managing Member

				
		 		  		  	INDIVIDUALS:
				
	Date:	 	  9  30  10	  		  	 /s/ Anthony G. Macaluso

		 		  		  	Anthony G. Macaluso, an individual
				
	Date:	 	  9/30/10	  		  	 /s/ Frank Kavanaugh

		 		  		  	Frank Kavanaugh, an individual

  
 6

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