Document:

Exhibit 10.1

DRILLING
SERVICES AGREEMENT

THIS DRILLING SERVICES AGREEMENT (“Agreement”), is made and entered into this 10th day of
November 2006 by and between Apollo Drilling Company, a corporation organized
and existing under the laws of the state of Delaware, (Contractor), and Mex Tex
Operating Company (“Operator”), a corporation organized and existing under the
laws of the state of Texas.

WHEREAS, Operator is engaged in the business of drilling
exploratory and development oil and gas wells in Edwards, Sutton and Kimble
County; and

WHEREAS, Contractor is in the business of providing
drilling services, ancillary equipment a rolling stock associated with the
exploration and development of oil and gas wells;

NOW,
THEREFORE, in consideration
of the mutual promises, conditions, terms and agreements contained in this
Agreement, the sufficiency of which is hereby acknowl­edged, the parties hereto
mutually agree as set forth below:

1.             AGREEMENT

a.                                       Operator
agrees to contract Contractor’s drilling and workover equipment as described
and at the rates and terms set forth in Exhibit A.  In addition Operator agrees to lease certain
ancillary equipment and rolling stock from Contractor in accordance with the
rates and terms set forth in Exhibit B hereto. From time to time the Operator
and Contractor will enter into contracts for certain equipment or services and
such contracts will become Exhibits to the Agreement. These Exhibits are
otherwise referred to herein as a “Contract”.

b.                                      In
the event of a conflict between the Agreement and an Exhibit/Contract to the
Agreement, the provisions of the Agreement shall govern.

e.                                       This
Agreement and any Exhibit/Contract thereof shall constitute the entire
agreement between the parties with respect to any drilling services and shall
supersede any and all prior or contemporaneous agreements or understandings,
whether oral or written, between Contractor and Operator.

2.             TERM OF THE AGREEMENT

a.                                       This
Agreement shall become effective upon execution by a duly authorized
representative of each party and shall remain in full force and effect for two
(2) years and for additional one year terms thereafter until canceled by either
party by giving the other party twelve (12) months written notice of
termination in accordance with this Agreement.

3.             PERFORMANCE OF THE WORK

a.                                       All
work shall be performed in a good and workmanlike manner in strict conformity
with the terms, conditions, specifications and requirements contained in the
Agreement and related Exhibits.

4.                                      INDEPENDENT
CONTRACTOR RELATIONSHIP

a.                                       Contractor
is and shall be at all times an independent contractor.  Contractor shall have the right to control
the manner in which the Work is performed.

b.                                      Neither
Contractor nor anyone employed by Contractor shall be deemed for any purpose to
be an employee, agent, servant or representative of Operator.

c.               Operator shall have
no power or authority to direct, supervise or control Contractor with respect
to the means, manner or method of performance of the Work or services performed
or rendered hereunder, and Contractor, in the exercise of his independent
employment and as an independent contractor, shall select the means, manner and
method of performance thereof. 
Contractor is responsible to Operator only for the results to be
obtained.

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5.             EQUIPMENT, MATERIALS AND SUPPLIES
PROVIDED BY CONTRACTOR

a.                                       Contractor
shall furnish, operate and maintain at its own risk, cost and expense, all
equipment, supplies and materials specified in the Contract or which may be
necessary to perform the Work.  CONTRACTOR SHALL BE AT ALL TIMES
LIABLE AND RESPONSIBLE FOR AND AGREES TO DEFEND, INDEMNIFY AND RELEASE OPERATOR
FOR DAMAGE TO OR DESTRUCTION OF CONTRACTOR’S EQUIPMENT AND MATERIALS,
REGARDLESS OF HOW SUCH DAMAGE OR DESTRUCTION OCCURS.

6.             COMPENSATION, INVOICING AND PAYMENTS

a.                                       Contractor
shall be compensated as provided in the Contract, provided that Contractor
shall have satisfied Operator that there are no liens or claims on or against
Operator or its property by reason of the operations of Contractor.

b.                                      Within
15 days after the end of each calendar month, Contractor shall send to the
office of Operator an invoice or invoices covering charges under any Contract
for the previous calendar month. 
Invoicing may be on a job basis in lieu of monthly invoicing.  All invoices must be submitted within 90 days
of the date the supply or service was provided.

c.                                       Within
10 days of receipt of each properly submitted invoice at said office, Operator
shall pay, or cause to be paid, the approved amount of Contractor’s invoice.

d.              Should Contractor
purchase any equipment, machinery, materials or supplies at Operator’s request
under the terms of any Contract, Operator agrees to pay Contractor the actual
cost of such items.  Contractor agrees to
furnish Operator with copies of the supplier’s, vendor’s or other third party’s
invoices covering such items.

e.               Contractor may from
time to time receive payment directly from the well owners in an amount equal
to not less than 30% of the proposed AFE for a particular well and will issue a
credit memo to Operator for such paid amounts.

7.             INSURANCE

a.                                       As
a separate and independent obligation and without limiting the indemnity
obligation of Contractor or its insurers, at any and all times during the term
of the Agreement, Contractor shall, at Contractor’s sole expense, carry
insurance for the types of insurance and in minimum amounts as follows:

i.                                          Workers’
Compensation Insurance in full compliance with all applicable State and Federal
laws and regulations, and, including Occupational Disease coverage in
accordance with the laws in the jurisdiction(s) in which the Work is performed,
in which the employee is hired, and in which the employee resides.

ii.                                       Employers’
Liability Insurance with limits of not less than $1,000,000 per occurrence
covering injury or death to any employee.

iii.                                    Comprehensive
General Liability Insurance on an occurrence basis, including contractual
liability and products liability/completed operations coverage, including
without limitation insurance for the indemnity agreements set forth in the
Agreement, with limits of not less than $1,000,000 applicable to bodily injury,
sickness or death in any one occurrence and $1,000,000 for loss of or damage to
property in any one occurrence.  If the performance
of the Work requires the use of Watercraft, Contractor shall require its
insurer to delete any Watercraft exclusion to the policy.

iv.                                   Automobile
Liability Insurance covering owned, non-owned, hired and all vehicles used by
Contractor, with limits of not less than $1,000,000 applicable to bodily injury
and $1,000,000 for loss of or damage to property in any one occurrence.

v.                                      Excess
Liability Insurance over that required in Paragraphs 9(a) (i), (ii), (iii) and
(iv) with minimum limits of $2,000,000, and specifically including Contractor’s
contractual liability.  If the
performance of the Work requires the Contractor to furnish watercraft or
aircraft, or involves provision or servicing of blowout preventers or other
well control equipment, then 

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the Excess Liability
Insurance over that required in Paragraph 9(a) (iii) shall have minimum limits
of $2,000,000 and shall specifically include Contractor’s contractual
liability.

vi.                                   Physical
Damage Insurance on Contractor’s supplies, materials, equipment, machinery and
other property to the extent of its fair market value.

b.                                      The
Operator shall be named as additional insured in each of Contractor’s policies,
except for Physical Damage Insurance and Workers’ Compensation.

c.                                       All
policies shall be endorsed to provide that underwriters and insurance companies
of Contractor shall not have any right of subrogation against the Operator or
their underwriters and insurance companies.

d.                                      Contractor
shall furnish Certificates of Insurance to Operator and, upon request; Operator
may examine true copies of the actual policies. 
The Certificate shall provide that the insurance is in full force and
effect and that it shall not be canceled or materially changed without thirty
(30) days prior written notice.  All
Certificates must contain reference to endorsements (i.e., addi­tional insured,
waiver of subrogation, etc.) required herein. 
Renewal certificates must be provided prior to the expiration of
existing coverages.

e.                                       Any
and all deductibles in the above described insurance policies shall be assumed
by, for the account of and at Contractor’s sole risk.

10.          RISK ALLOCATION AND INDEMNITY

a.                                       For
purposes of this Agreement, the “Operator” shall be comprised of the directors,
officers, employees, servants, agents, representatives and invitees of Operator
and its parent, subsidiary and affiliate companies and the directors, officers,
employees, servants, agents, representatives and invitees of contractors (other
than Contractor) hired by Operator.

b.                                      For
purposes of this Article, the “Contractor” shall be comprised of the directors,
officers, employees, servants, agents, representatives and invitees of the
Contractor and its affiliate companies and the directors, officers, employees,
servants, agents, representatives and invitees of other contractors hired by
Contractor.

c.                                       CONTRACTOR SHALL BE LIABLE FOR,
AND HEREBY RELEASES, ALL CLAIMS AGAINST OPERATOR WITH RESPECT TO ALL LOSSES,
COSTS, DAMAGES, EXPENSES AND LEGAL FEES WHICH CONTRACTOR MAY SUFFER, SUSTAIN,
PAY OR INCUR DIRECTLY OR INDIRECTLY ARISING FROM OR ON ACCOUNT OF BODILY INJURY
TO OR DEATH OF ANY PERSONS IN THE CONTRACTOR GROUP OR DAMAGE TO OR LOSS OF
PROPERTY OWNED BY A MEMBER OF THE CONTRACTOR GROUP ARISING OUT OF OR RELATING
TO THE AGREEMENT OR ANY CONTRACT.  IN
ADDITION, CONTRACTOR SHALL DEFEND AND INDEMNIFY OPERATOR AGAINST ALL ACTIONS,
PROCEEDINGS, CLAIMS, DEMANDS, LOSSES, COSTS, DAMAGES, EXPENSES AND LEGAL FEES
WHATSOEVER WHICH MAY BE BROUGHT AGAINST OPERATOR OR WHICH OPERATOR MAY SUSTAIN,
PAY, OR INCUR, DIRECTLY OR INDIRECTLY ON ACCOUNT OF (1) BODILY INJURY TO OR
DEATH OF ANY PERSON IN THE CONTRACTOR GROUP, OR LOSS OF OR DAMAGE TO ANY
PROPERTY OWNED BY A MEMBER OF THE CONTRACTOR GROUP OR (2) BODILY INJURY OR
DEATH OF ANY PERSON OR LOSS OF OR DAMAGE TO ANY PROPERTY RESULTING FROM ANY
NEGLIGENT ACT OR WILLFUL MISCONDUCT OF ANY PERSON WITHIN THE CONTRACTOR GROUP.

d.                                      EXCEPT AS OTHERWISE SPECIFIED
HEREIN, THE LIABILITY, RELEASE AND INDEMNITY PROVISIONS CONTAINED IN THIS
AGREEMENT SHALL APPLY NOTWITHSTANDING ANY BREACH OR ALLEGED BREACH OF THIS
AGREEMENT OR ANY CONTRACT AND SHALL BE WITHOUT REGARD TO CAUSE OR CAUSES,
INCLUDING WITHOUT LIMITATION PRE-EXISTING DEFECTS IN EQUIPMENT OR MATERIALS,
THE NEGLIGENCE, WHETHER SOLE, CONCURRENT, ACTIVE, PASSIVE, PRIMARY OR
SECONDARY, OF EITHER PARTY OR ANY OTHER PERSON INCLUDING WITHOUT LIMITATION THE
PARTY OR PERSON BEING RELEASED OR INDEMNIFIED, OR OTHERWISE, STRICT LIABILITY
OR THE UNSEAWORTHINESS OF ANY VESSEL INGRESS AND EGRESS, LOADING AND UNLOADING.

e.                                       THE LIABILITY AND INDEMNITY
PROVISIONS OF THIS AGREEMENT AND ANY CONTRACT SHALL BE WITHOUT LIMIT AND
INCLUDE THE OBLIGATION TO INDEMNIFY FOR ANY PUNITIVE DAMAGES WHICH MIGHT

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BE AWARDED AND REASONABLE ATTORNEYS’ FEES AND COSTS INCURRED BY THE
PARTY RECEIVING INDEMNIFICATION.  THE
INDEMNITY OBLIGATION SHALL ALSO INCLUDE REASONABLE ATTORNEYS’ FEES AND COSTS
INCURRED BY THE PREVAILING PARTY IN ANY ACTION TO ENFORCE THE INDEMNIFICATION
AGREEMENT.  IF IT IS JUDICIALLY
DETERMINED THAT THE MONETARY LIMITS OF THE INDEMNITIES VOLUNTARILY ASSUMED
HEREUNDER (OR OF THE INSURANCE REQUIRED UNDER ARTICLE 9) EXCEED THE MAXIMUM
LIMITS PERMITTED UNDER APPLICABLE LAW, IT IS AGREED THAT SAID INDEMNITIES OR
INSURANCE REQUIREMENTS SHALL AUTOMATICALLY BE AMENDED TO CONFORM TO THE MAXIMUM
MONETARY LIMITS PERMITTED UNDER SUCH LAW.

f.                                         NEITHER PARTY SHALL BE LIABLE TO
THE OTHER FOR SPECIAL, INDIRECT OR CONSEQUENTIAL DAMAGES FROM OR ARISING OUT OF
THIS AGREEMENT OR ANY CONTRACT ENTERED PURSUANT TO THIS AGREEMENT, INCLUDING,
WITHOUT LIMITATION, LOSS OF PROFIT OR BUSINESS INTERRUPTIONS, HOWEVER SAME MAY
BE CAUSED.

11.          TAXES

a.                                       Contractor
agrees to pay all taxes, licenses, and fees levied or assessed on Contractor in
connection with or incident to the perform­ance of this Agreement by any
governmental agency and unemployment compensation insurance, old age benefits,
social security, or any other taxes upon the wages of Contractor, its agents,
employees, and representatives. Contractor agrees to require the same
agreements and be liable for any breach of such agreements by any of its
contractors.

12.          LAWS, RULES AND REGULATIONS

a.                                       In
the event any provision of this Agreement is inconsistent with or contrary to
any applicable law, rule, or regulation, said provision shall be deemed to be
modified to the extent required to comply with said law, rule or regulation,
and this Agreement, as so modified, shall remain in full force and effect.

13.          FORCE MAJEURE

Except for the duty to
make payments hereunder when due, and the indemnification provisions under this
Contract, neither Operator nor Contractor shall be responsible to the other for
any delay, damage or failure caused by or occasioned by a Force Majeure Event
that is outside the control of the parties. As used in this Contract, “Force
Majeure Event” includes: acts of God, floods, fire or other natural causes, riots,
war, rebellion, sabotage, acts of terrorism, civil strife, acts of public
enemies, and acts of governmental authorities whether federal, state or
local.  Delays due to the above causes,
or any of them, shall not be deemed to be a breach of or failure to perform
under this Contract.

14.          DRUGS, ALCOHOL, AND FIREARMS

a.                                       To
help ensure a safe, productive work environment, Operator prohibits the use,
transportation and possession of firearms, drugs and/or controlled substances,
drug paraphernalia and alcoholic beverages at the drilling locations.

15.          WORK SAFETY

a.                                       Contractor
shall be solely responsible for the work safety and industrial hygiene of its
employees.

b.                                      Contractor
shall comply with all applicable health and safety standards, codes and
regulations.

17.                               POLLUTION
AND HAZARDOUS WASTE

a.                                       Contractor
shall observe and comply with all laws, rules and regulations now or hereafter
in effect whether federal, state or local, governing pollution and the
generation and transportation of hazardous waste.

b.                                      Contractor
shall assume all responsibility for (including control and removal of the
pollutant or hazardous waste).

18.          CONFIDENTIALITY

Contractor shall treat as
confidential and shall not divulge to any third party or make any unauthorized
use or disclosure of confidential or proprietary information of Operator.

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19.          APPLICABLE LAW AND DISPUTE RESOLUTION

            This Agreement or any
Contract, each shall be governed by and interpreted in accordance with the laws
of                             the State
of Texas, without regard to its rules on conflict of laws.  In the event of a dispute arising out of or
related to any indemnification provision(s) or obligation(s) in this Agreement
or any Contract, the parties agree to submit such dispute to binding arbitration
in accordance with the rules of the American Arbitration Association.  The place of arbitration shall be Dallas,
Texas.  The number of arbitrators shall
be three (3), and the arbitrators will apply the law chosen by the parties in
this provision to apply to the dispute in question.

20.          NOTICES

Unless otherwise
specifically provided, all notices and other communications provided for in
this Agreement or any Contract hereunder shall be in writing and shall be
delivered by hand to an authorized representative of the party to whom directed
or shall be sent by certified mail, telefax, telex, telegram or cable, postage
and charges prepaid, to the address of the party as designated in any Contract
hereunder for matters relating to any specific Contract.

21.          TIME OF THE ESSENCE

Time is of the essence of
this Agreement and of any Contract arising out of this Agreement.

22.          SEPARABILITY

The invalidity or
unenforceability of any provision of this Agreement shall not impair the
validity or enforceability of any other provision.

IN WITNESS
WHEREOF, the parties hereto
have executed and delivered this Agreement on the date above shown.

	
  

  	
  OPERATOR

  	
   

  	
   

  	
  CONTRACTOR

  	
   

  
	
   

  	
  MEX TEX OPERATING COMPANY

  	
   

  	
   

  	
  APOLLO
  DRILLING COMPANY

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
  By:

  	
   

  	
   

  	
  By:

  	
   

  	
   

  
	
   

  	
  Mark L. Wiggins
  - President

  	
   

  	
  Dennis G. McLaughlin, III.- Chairman and CEO

  
								

 

 5EXHIBIT 10.1

*** CERTAIN INFORMATION IN THIS EXHIBIT HAS BEEN
OMITTED AND FILED SEPARATELY WITH THE COMMISSION. CONFIDENTIAL TREATMENT HAS
BEEN REQUESTED WITH RESPECT TO THE OMITTED PORTIONS.

TELECOM
INFORMATION SERVICES AGREEMENT

between

JINGLE NETWORKS, INC.

and

METRO ONE TELECOMMUNICATIONS, INC.

 

TABLE OF CONTENTS

	
  TELECOM INFORMATION SERVICES AGREEMENT

  	
  1

  
	
   

  	
   

  
	
  JINGLE NETWORKS, INC.

  	
  1

  
	
   

  	
   

  
	
  METRO ONE TELECOMMUNICATIONS, INC.

  	
  1

  
	
   

  	
   

  
	
  1.

  	
  DEFINITIONS

  	
  1

  
	
   

  	
   

  	
   

  
	
  2.

  	
  SERVICES

  	
  1

  
	
   

  	
   

  	
   

  
	
  3.

  	
  SERVICE STANDARDS

  	
  2

  
	
   

  	
   

  	
   

  
	
  4.

  	
  INTERFACE AND SUPPORT

  	
  2

  
	
   

  	
   

  	
   

  
	
  5.

  	
  COMPENSATION

  	
  2

  
	
   

  	
   

  	
   

  
	
  6.

  	
  TERM

  	
  3

  
	
   

  	
   

  	
   

  
	
  7.

  	
  MARKETING

  	
  3

  
	
   

  	
   

  	
   

  
	
  8.

  	
  INTELLECTUAL PROPERTY

  	
  3

  
	
   

  	
   

  	
   

  
	
  9.

  	
  RECORDS; FINANCIAL INFORMATION

  	
  4

  
	
   

  	
   

  	
   

  
	
  10.

  	
  COMPLAINTS

  	
  5

  
	
   

  	
   

  	
   

  
	
  11.

  	
  CONFIDENTIAL INFORMATION

  	
  5

  
	
   

  	
   

  	
   

  
	
  12.

  	
  INDEMNIFICATION

  	
  6

  
	
   

  	
   

  	
   

  
	
  13.

  	
  DISPUTE RESOLUTION

  	
  7

  
	
   

  	
   

  	
   

  
	
  14.

  	
  TERMINATION

  	
  7

  
	
   

  	
   

  	
   

  
	
  15.

  	
  ASSIGNMENT; BINDING EFFECT

  	
  9

  
	
   

  	
   

  	
   

  
	
  16.

  	
  SURVIVAL OF OBLIGATIONS

  	
  9

  
	
   

  	
   

  	
   

  
	
  17.

  	
  INTERPRETATION

  	
  9

  
	
   

  	
   

  	
   

  
	
  18.

  	
  NOTICES

  	
  9

  
	
   

  	
   

  	
   

  
	
  19.

  	
  SEVERABILITY

  	
  10

  
	
   

  	
   

  	
   

  
	
  20.

  	
  INDEPENDENT CONTRACTOR

  	
  10

  
	
   

  	
   

  	
   

  
	
  21.

  	
  NO THIRD PARTY BENEFICIARIES

  	
  10

  
	
   

  	
   

  	
   

  
	
  22.

  	
  FORCE MAJEURE

  	
  10

  
	
   

  	
   

  	
   

  
	
  23.

  	
  LIMITATION OF LIABILITY

  	
  11

  
	
   

  	
   

  	
   

  

 

 

 

	
  24.

  	
  WAIVER

  	
  11

  
	
   

  	
   

  	
   

  
	
  25.

  	
  APPLICABLE LAW

  	
  11

  
	
   

  	
   

  	
   

  
	
  26.

  	
  ENTIRE AGREEMENT

  	
  12

  
	
   

  	
   

  	
   

  
	
  27.

  	
  AFFILIATES

  	
  12

  
	
   

  	
   

  	
   

  
	
  28.

  	
  NASD APPROVAL

  	
  12

  
	
   

  	
   

  	
   

  
	
  29.

  	
  REGISTRATION RIGHTS AGREEMENT

  	
  12

  
	
   

  	
   

  
	
  EXHIBIT
  1

  	
  DEFINITIONS

  
	
   

  	
   

  
	
  EXHIBIT
  2

  	
  TELECOM INFORMATION SERVICES TO BE PROVIDED

  
	
   

  	
   

  
	
  EXHIBIT
  3

  	
  SERVICE STANDARDS

  
	
   

  	
   

  
	
  EXHIBIT
  3A

  	
  PROCEDURES MANUAL

  
	
   

  	
   

  
	
  EXHIBIT
  4

  	
  PRINCIPLE SITES FOR PROVISION OF SERVICE

  
	
   

  	
   

  
	
  EXHIBIT
  5

  	
  CALL VOLUME AND COMPENSATION RATES FOR SERVICES

  
	
   

  	
   

  
	
  EXHIBIT
  6

  	
  INVOICE

  
	
   

  	
   

  
	
  EXHIBIT
  7

  	
  FAILURE NOTICE

  
				

 

 

TELECOM  INFORMATION SERVICES AGREEMENT

THIS TELECOM
INFORMATION SERVICES AGREEMENT (this “Agreement”) is entered into as of the 1st
day of July, 2006, by and between Jingle Networks, Inc., a corporation
organized under the laws of Delaware (“CUSTOMER”), and Metro One
Telecommunications, Inc., an Oregon Corporation (“Metro One”), (collectively, “the
Parties” and each being a “Party”).

WHEREAS, CUSTOMER
provides free consumer telephone directory service supported by advertising;

WHEREAS, Metro One provides
certain telecom information services, including directory assistance and
certain data services, as provided below; and

WHEREAS, the
parties desire that Metro One provide its directory assistance services to
Callers (defined below) routed by CUSTOMER to Metro One.

NOW, THEREFORE, in
consideration of the foregoing premises, the mutual covenants and agreements
contained herein, the reliance by each party hereon, and for other good and
valuable consideration, the receipt and sufficiency of which hereby are acknowledged,
the Parties agree as follows:

1.                                      Definitions.

For purposes of
this Agreement (including the Exhibits), capitalized terms will have the
meanings set forth in Exhibit 1 or as otherwise defined herein or in other
Exhibits.

2.                                      Services.

a.               Services.  Metro One will provide directory assistance
to Callers as set forth in Exhibit 2 ( the “Services”).

b.              Routing of Calls.  At
CUSTOMER’s expense, CUSTOMER will route, or cause to be routed, to Metro One
calls requiring Services.  Prior to
routing Calls to Metro One, CUSTOMER’s automated directory assistance equipment
may have answered the Call, but have been unable to provide the needed
directory assistance.

c.               Preferred Provider.   During the term of
this Agreement and Subject to Exhibit 5, CUSTOMER agrees that Metro One is the
Preferred Provider of CUSTOMER.  CUSTOMER
may terminate Metro One’s Preferred Provider status at any time; provided that
the warrants granted to CUSTOMER pursuant to Section 5(d) will be terminated.
Metro One acknowledges that CUSTOMER is party to an agreement with another
operator services provider which requires it to deliver 4.5 million calls per
month to such other provider and it is possible that until such time as
CUSTOMER has enough calls to provide Metro One with a number of calls that
exceeds this amount, CUSTOMER shall not be in breach of the Preferred Provider
clause of this agreement.

 

***                           Certain
information in this exhibit has been omitted and filed separately with the
commission.  Confidential treatment has
been requested with respect to the omitted portions.

 1
 

 

3.                                      Service
Standards.

The Services to be
provided by Metro One will be provided in a workmanlike and commercially reasonable manner, in
accordance with industry standards, in compliance with all applicable state,
federal or local laws, regulations or statutes and as further described in the
Standards for the Services in Exhibit 3.

4.                                      Interface
and Support.

a.               Metro One Facilities and Equipment.  Metro One will maintain adequate office
facilities, support facilities and other facilities and equipment to enable it
to perform its obligations under this Agreement.

b.              Telecommunications
Facilities and Equipment. 
CUSTOMER will, at its expense, establish and maintain all
telecommunications circuits needed to deliver Calls to Metro One’s designated
demarcation point(s) consistent with Exhibit 4. 
Metro One currently accepts calls in traditional MF and SS-7 signaling.
CUSTOMER’s intention is to deliver Calls using IP signaling and shall, at its
expense, provide Metro One with the hardware and software necessary to convert
IP signaling to another signaling type to be mutually agreed by the
Parties.  CUSTOMER will provide a hot
spare at each Metro One facility where IP traffic is terminated.  Metro One will provide the rack space,
electrical and HVAC for the hardware provided by CUSTOMER, and CUSTOMER will
provide any required software updates and perform any necessary maintenance to
the software or hardware. Any hardware provided by CUSTOMER hereunder
will be returned to CUSTOMER within thirty (30) days following expiration or
termination of this Agreement. Metro One will be responsible for
establishing, maintaining, and paying for all other telecommunications
facilities and equipment necessary to perform the Services. Metro One shall
provide to CUSTOMER within 1 week of the date of this Agreement the specific
physical address at which CUSTOMER will have its transport lines terminated.
All routing from this location within Metro One’s network is at Metro One’s own
expense.  [***]

5.                                      Compensation.

a.               Rate.  CUSTOMER will
pay Metro One for Services at the rates listed and for the amounts provided in
Exhibit 5.  

b.              Call Counts.  Metro One will provide CUSTOMER with call
count volume records in the format shown in Exhibit 6 by the tenth of each
month for the previous month’s calls, which records will accompany Metro One’s
invoice to CUSTOMER.

c.               Invoices and Payment Terms. 
Invoices covering the charges for each month in the form shown in
Exhibit 6 will be mailed electronically to CUSTOMER on or before the [***]. CUSTOMER will
make payment to Metro One of the undisputed amount within fifteen (15) days of
the date an invoice is received.   A late
charge computed at a rate of 1.5% per month will be assessed on amounts

 

***                           Certain
information in this exhibit has been omitted and filed separately with the
commission.  Confidential treatment has
been requested with respect to the omitted portions.

 2
 

 

                        past due over fifteen (15) days
from the date the invoice is received until paid.  CUSTOMER
may dispute any payment which CUSTOMER in good faith believes is incorrect by
providing Metro One written notice of such disputed amount and the reasons for
the dispute no later than five (5) business days after receipt of invoice.  The parties shall cooperate in good faith to
resolve the disputed amount within five (5) days of the receipt of
CUSTOMER’s timely notice of dispute of the invoice.  Should the parties be unable to resolve the
dispute within such five (5) day period, CUSTOMER shall pay the disputed amount
into the escrow provided for in Exhibit 5, which amount shall be held and
administered as there provided pending final resolution of the dispute in
accordance with this Agreement.

d.              Warrants.  As consideration under this Agreement, Metro
One shall issue to CUSTOMER certain warrants to purchase shares of common stock
of Metro One (the “Warrants”), as further provided in the Warrants entered into
by the parties as of the date of this Agreement.

e.               Invoice Address. Monthly invoices will be mailed by Metro
One to CUSTOMER at the following address:

[***]

6.             Term.

Subject to earlier
termination as provided expressly in this Agreement, the term of this Agreement
will commence on the date of this Agreement and will expire on a date three (3)
years from the Launch Date, as set forth in Exhibit 1, and shall be renewed
annually for up to two (2) additional years if, with respect to such renewal
periods, notice of such termination is not given by one Party to the other
Party at least sixty (60) days prior to commencement of such renewal period.

7.             Marketing.

Subject to the provisions
of Section 8 below, CUSTOMER shall be solely responsible for the manner of and
cost of its publicizing, advertising and marketing of its business that results
in the routing of Calls to Metro One.

8.             Intellectual
Property

a.               CUSTOMER will
continue to own its trademarks, service marks, proprietary product features,
and other intellectual property related thereto, and Metro One shall acquire no
rights in such marks, proprietary product features and intellectual properties
related thereto, other than the non-exclusive license set forth in this Section
8.  Metro One acknowledges the validity
of CUSTOMER’s marks, proprietary product features and intellectual properties
related thereto, and will not challenge or assist others in challenging the
validity and CUSTOMER’s sole ownership of such marks.

b.              Metro One will
continue to own its trademarks, service marks, proprietary product features,
and other intellectual property related thereto, and CUSTOMER will acquire no
rights in such marks, proprietary product features and intellectual

 

***                           Certain
information in this exhibit has been omitted and filed separately with the
commission.  Confidential treatment has
been requested with respect to the omitted portions.

 3
 

 

                        properties
related thereto, other than the non-exclusive license set forth in this Section
8.  CUSTOMER acknowledges the validity of
Metro One’s marks, proprietary product features and intellectual properties
related thereto, and will not challenge or assist others in challenging the
validity and Metro One’s sole ownership thereof.

c.               Each Party
acknowledges the goodwill associated with the other’s trademarks and service
marks.  Except as provided herein,
neither Party will use any mark owned by the other without the other Party’s
prior written consent.  Neither Party
will register any of the other Party’s trademarks, service marks or trade
names.

d.              Metro One hereby
grants CUSTOMER a non-exclusive, non-transferable, non-assignable personal
license to use it’s trademarks, service marks, proprietary product features and
intellectual properties related thereto in CUSTOMER’S marketing and provision
of Services during the Term of this Agreement. 
CUSTOMER hereby grants Metro One a non-exclusive license to use its
trademarks, service marks, proprietary product features and intellectual
properties related thereto in its corporate communication to identify CUSTOMER
as a carrier customer of Metro One during the Term of this Agreement

e.               All use of CUSTOMER’S
marks by Metro One will inure to the benefit of CUSTOMER consistent with this
Agreement. All use of Metro One’s marks by CUSTOMER will inure to the benefit
of Metro One consistent with this Agreement.

f.                 If a Party uses a
mark owned by the other, the use of the mark will be used only in accordance
with the guidance and directions furnished by the owner of the mark, and the
quality of any associated goods or services must always be satisfactory to the
owner of the mark.

g.              All features covered
by Metro One’s patents shall be non-exclusively licensed to Customer for use in
the delivery of Services provided by Metro One pursuant to this Agreement for
the duration of the Agreement, and unless otherwise expressly agreed by Metro
One, shall be non-transferable, non-assignable and personal to CUSTOMER for
such limited use.

h.              The Parties agree
that it would be difficult to measure the monetary damages that would be
incurred by a Party by reason of the failure of the other Party to comply with
the terms of this Section 8.  The Parties
therefore agree that either Party may seek injunctive relief, which the Parties
agree is appropriate for enforcement of this Section 8.

9.             Records;
Financial Information.

a.               Both
Parties will maintain complete and accurate records of each Call routed to
Metro One, and will provide the other access to such records upon request.  Records will be in a format mutually agreed
in writing and will include the following:

i.                                          The
time the Call is received;

ii.                                       The
CUSTOMER provided unique identifier digits routed with the Call;

 

***                           Certain
information in this exhibit has been omitted and filed separately with the
commission.  Confidential treatment has
been requested with respect to the omitted portions.

 4
 

 

iii.                                    The
result Metro One returns to CUSTOMER based on Caller’s request.

b.   [***]

10.          Complaints.

Both Parties will
refrain from any action that could reasonably be anticipated to discredit or
damage the name, reputation, goodwill or good public relations of the
other.  Each Party will use its
commercially reasonable best efforts to investigate and respond to all oral or
written complaints received by CUSTOMER or Metro One from any Caller arising
out of or in connection with such party’s obligations under this Agreement.

11.          Confidential
Information.

a.               With respect to
Confidential Information provided by one Party to the other, the receiving
Party agrees to (i) hold the Confidential Information in confidence and to
protect it; (ii) restrict disclosure of the Confidential Information solely to
those employees, contractors and agents of the receiving party with a need-to-know
to carry out the respective obligations of the receiving Party under this
Agreement and not disclose it to any third party (including any Affiliates not
a party to this Agreement); (iii) advise the employees, contractors and agents
of the receiving Party of their obligations with respect to the Confidential
Information; and (iv) use the Confidential Information only for the purposes
set forth in this Agreement, except as may otherwise be agreed upon in
writing.  In any event, the Parties
expressly agree not to sell, license, release or disclose the other party’s
Confidential Information to any known or reasonably knowable competitor or
potential competitor of the other. However, the Parties will be permitted to
disclose such information to their accountants, and to their respective legal,
financial and marketing advisers as may be necessary for the performance of
their respective duties, or as required by law, provided that said advisers
agree to be bound by the provision of this Section 11, or
as otherwise required by law.

b.              Confidential
Information will not include information which is (i) known to the receiving
Party at the time of disclosure; (ii) disclosed to third parties by the
disclosing Party without restriction on disclosure; (iii) becomes publicly
known through no act or failure to act by the receiving Party; (iv) received by
the receiving Party from a third party without restriction as to its
confidentiality; or (v) independently developed by the receiving Party without
reference to the Confidential Information of the disclosing Party and is so
documented.

c.               In the event either
Party becomes compelled in any legal proceeding or is requested by a
governmental body having regulatory jurisdiction over the Party, to disclose
Confidential Information of the other, the Party compelled or requested to
furnish the Confidential Information will use reasonable efforts to provide the
other Party with timely notice in order for that Party to seek a protective
order or other remedy or otherwise object. 
In the absence of a protective order or other remedy, the Party may
disclose that portion of the Confidential Information that, based on advice of
its counsel, it is legally

 

***                           Certain
information in this exhibit has been omitted and filed separately with the
commission.  Confidential treatment has
been requested with respect to the omitted portions.

 5
 

 

                        compelled
to disclose or that has been requested by such governmental body, provided
however, that it will use reasonable efforts (at no cost or expense to it) to
obtain reliable assurance that confidential treatment will be accorded by any
person to whom any Confidential Information is disclosed.  The provisions of this Section 11 do not
apply to any proceeding between Parties.

d.              In no event will
either Party use the Confidential Information of the other Party to reverse
engineer or otherwise develop products or services functionally equivalent to
the products or services of the disclosing Party.

e.               Neither Party shall
disclose this Agreement until such time as they reach final agreement with
Nasdaq and each other about the structure of the Warrants and Registration
Rights Agreement contemplated in paragraphs 28 and 29 hereof.

f.                 The Parties agree
that it would be difficult to measure the monetary damages that would be
incurred by a Party by reason of the failure of the other Party to comply with
the terms of this Section 11.  The
Parties therefore agree that either Party may seek injunctive relief, which the
Parties agree is appropriate for enforcement of this Section 11.  The provisions of this Section 11 will
survive after the termination or expiration of this Agreement.

12.                               Indemnification.

a.               Each Party (the “Indemnifying
Party”) agrees to defend, indemnify, and hold harmless the other, and its
officers directors, members, managers, employees, agents, affiliates,
successors and permitted assigns (the “Indemnified Parties”) from and against
all losses, damages, and liability (including all claims, actions, suits,
fines, interest, penalties, costs and expenses) incident, relative to or
arising from (i) any claim relating to a misrepresentation or breach of
covenant, warranty or obligation of the Indemnifying Party contained herein; or
(ii) (A) any claim of infringement of a patent, copyright, trademark or other
legally protectable intellectual property or proprietary right of any third
party; or (B) any injury to any person (including death) or damage to tangible
property (including theft), where and to the extent that in each instance in
this subsection (ii), such results from the acts or omissions of the
Indemnifying Party, its employees or agents, whether negligent or otherwise.

b.              The obligations of
the Indemnifying Party stated above in this Section 12 apply only if (i) an
Indemnified Party promptly informs the Indemnifying Party in writing of any
claim within the scope of this Section 12; (ii) subject to the limitations set
forth in this Section 12, the Indemnifying Party is given exclusive control of
the defense of such claim and all negotiations relating to its settlement; and
(iii) the Indemnified Parties (at the Indemnifying Party expense) provides
reasonable assistance to the Indemnifying Party with respect to the defense or
settlement of any such claim. 
Notwithstanding the foregoing, the Indemnifying Party shall not, without
the Indemnified Party’s consent (such consent not to be unreasonably withheld,
delayed or conditioned), agree to any settlement which: (x) makes any admission
on behalf of the Indemnified Party; or (y) consents to any payment of money by
(but not for the account of) or any injunction against the Indemnified Party.

 

***                           Certain
information in this exhibit has been omitted and filed separately with the commission.  Confidential treatment has been requested
with respect to the omitted portions.

 6
 

 

13.          Dispute
Resolution.

a.               The Parties desire
to resolve disputes arising out of or related to this Agreement without
litigation.  Accordingly, except for an
action seeking a temporary restraining order or injunction related to the
purposes of this Agreement, to enforce the provisions of Section 8 (“Intellectual
Property”) or Section 11 (“Confidential Information”) or to compel compliance
with this dispute resolution process, the parties agree to use the following
procedure with respect to any controversy or claim arising out of or relating
to this Agreement, including the breach or enforcement hereof.  The Parties acknowledge that time is of the
essence in resolving disputes.

b.              The Parties agree to
submit such dispute to binding arbitration by a single arbitrator pursuant to
the Commercial Arbitration rules of the American Arbitration Association.  A Party may demand such arbitration in accordance
with the procedures set out in those rules.

c.               Discovery shall be
controlled by the arbitrator and shall be governed by the Federal Rules of
Civil Procedure.  Arbitration shall take
place in a location mutually agreed upon by both parties and in the event no
such location is agreed upon, arbitration shall take place in Portland,
Oregon.  The arbitrator shall control the
scheduling so as to process the matter expeditiously.  The Parties may submit written briefs.  The arbitrator shall rule on the dispute by
issuing a written opinion within thirty (30) calendar days after the close of
the hearings.  The time frames specified
in this Section 13 may be extended upon mutual agreement of the Parties or by
the arbitrator upon a showing of good cause.

d.              Each Party shall
bear its own fees, costs and expenses of arbitration, including its own legal
and expert witness fees.  The Parties
shall equally split the fees of the arbitration and the arbitrator.  The arbitrator may award reimbursement of
reasonable costs and/or reasonable fees to the prevailing party.

e.               Any award rendered
by the arbitrator will be final, conclusive, and binding upon the Parties, and
any judgment thereon may be entered and enforced in any court of competent
jurisdiction.

14.          Termination.

a.               CUSTOMER may
terminate this Agreement upon written notice if Metro One has breached or
failed to perform any of its material obligations under this Agreement and such
breach or failure continues for thirty (30) days after written notice to Metro
One indicating an intention to terminate and specifying the nature of such
breach or failure of performance.

b.              Metro One may
terminate this Agreement upon written notice if CUSTOMER has breached or failed
to perform any of the obligations under this Agreement set forth below and such
breach or failure continues for the time period set forth below after written
notice by Metro One indicating an intention to terminate and specifying the
nature of such breach or failure of performance.

i.                  if CUSTOMER has
failed to pay when due any invoice and such failure continues for ten (10) days
after written notice to CUSTOMER; or

 

***                           Certain
information in this exhibit has been omitted and filed separately with the
commission.  Confidential treatment has
been requested with respect to the omitted portions.

 7
 

 

ii.               if CUSTOMER has
breached or failed to perform any of its other material obligations under this
Agreement and such breach or failure continues for thirty (30) days after
written notice to CUSTOMER.

c.               Either Party may
terminate this Agreement immediately by written notice to the other Party if:
(a) any circumstance would
render the continued performance of this Agreement by either Party in violation
of any applicable law, statute, rule or regulation (provided however, that at
the at the written request of a Party made within ten (10) days after receipt
of written notice of such termination, each Party will appoint a
plenipotentiary to meet and negotiate in good faith to rewrite this Agreement
to avoid such violation, and the termination will be rescinded if agreement to
that effect is reached), (b) the other Party makes an assignment for the
benefit of creditors or makes an admission in writing of its inability to pay
debts as they mature; (c) the other Party files a voluntary petition for reorganization
or arrangement under the U.S. Bankruptcy Code or files an answer consenting to
or acquiescing in any such petition; 
provided that prior to Metro One
filing a voluntary petition for reorganization under the U.S. Bankruptcy Code,
Metro One shall notify CUSTOMER and negotiate in good faith and consistent with
its legal and fiduciary obligations as a debtor about to take such action, if
CUSTOMER chooses to purchase the assets of Metro One that are required to
service the CUSTOMER’s business;  (d)
there is filed against the other Party an involuntary petition under the U.S.
Bankruptcy Code, an application for the appointment of a receiver for its
assets, or an involuntary petition seeking liquidation, reorganization or
arrangement under any other federal or state bankruptcy or insolvency laws,
provided the same will not have been vacated, set aside or stayed within sixty
(60) days after filing or is entered against the other Party as a final,
non-appealable order for relief under any other bankruptcy, insolvency or
similar law now or hereafter in effect; or (d) such Party reasonably and in
good faith determines, based upon its review of the other Party’s financial
statements and other financial information provided in accordance with Section
9b., that there is a substantial and material risk that such other Party will
not be able to fulfill its financial or service obligations
under this Agreement.

d                 Upon termination
or expiration of this Agreement, in addition to any other rights or remedies of
either Party, Metro One will Promptly mail to CUSTOMER a final invoice for
amounts payable under Section 5 (“Compensation”).

e.               Upon termination or
expiration of this Agreement, both Parties will:

i.                  Cease to provide
the services pursuant to this Agreement; and

ii.               Promptly return to
the other Party, at its request, all its Confidential Information which is in
tangible form or certify destruction of such Confidential Information; and

iii.            Cease all use of the
other Party’s trademarks, service marks, proprietary product features, and
intellectual properties related thereto.

 

***                           Certain
information in this exhibit has been omitted and filed separately with the
commission.  Confidential treatment has
been requested with respect to the omitted portions.

 8
 

 

15.          Assignment;
Binding Effect.

Neither Party may
assign or transfer this Agreement or any of its obligations hereunder without
the prior written consent of the other, which consent will not be unreasonably
withheld, conditioned or delayed.  For the
purposes of the foregoing sentence, no assignment or transfer will be deemed to
have occurred if a Party merges, sells all or substantially all its assets or
completes any other transaction which has the effect of transferring, directly
or indirectly, effective control of that Party to another person or entity.
This Agreement will be binding upon and inure to the benefit of the Parties and
their successors and permitted assigns.

16.          Survival
of Obligations.

a.               The obligations set
forth in Sections 8 (“Intellectual Property”), 11 (“Confidential Information”),
13 (“Dispute Resolution”), this Section 16 (“Survival of Obligations”), and the
following Sections 17 through 26, to the extent they contain general provisions
that affect this Agreement and its interpretation, and the Exhibits to this
Agreement will survive any termination or expiration of this Agreement.

b.              Indemnity
obligations under Section 12 (“Indemnification”) will survive for a period of
three (3) years after any termination or expiration of this Agreement.

17.                               Interpretation.

The headings used
in this Agreement are for the purpose of reference only and will not otherwise
affect the meaning or interpretation of any provision of this Agreement.  All pronouns and all variations thereof will be
deemed to refer to the masculine, feminine or neuter, and all terms to the
singular or plural, as the context in which they are used may be required.  In the event any claim is made relating to
any conflict, omission or ambiguity in this Agreement, no presumption or burden
of proof or persuasion will be implied by virtue of the fact that this
Agreement was prepared by or at the request of a particular party or its
counsel.  Unless otherwise expressly
provided, “including” does not limit the preceding words or terms, “or” is used
in the inclusive sense, and references to numbered Sections or Exhibits refer
to such Sections or Exhibits of or to this Agreement.

18.                               Notices.

Notices required
by this Agreement must be sent by certified mail, return receipt requested, to
the address listed below, or to such address as the parties may from time to
time by notice provide.

	
  To Metro One:

  	
   

  	
  President

  
	
   

  	
   

  	
  Metro One Telecommunications, Inc.

  
	
   

  	
   

  	
  11200 Murray Scholls Place

  
	
   

  	
   

  	
  Beaverton, Oregon 97007

  
	
   

  	
   

  	
  FAX:[***]

  

 

***                           Certain
information in this exhibit has been omitted and filed separately with the
commission.  Confidential treatment has
been requested with respect to the omitted portions.

 9
 

 

 

	
  To CUSTOMER:

  	
   

  	
  Chief Technology Officer

  
	
   

  	
   

  	
  Jingle Networks, Inc.

  
	
   

  	
   

  	
  8 New England Executive Park, West Wing 3rd Floor

  
	
   

  	
   

  	
  Burlington, MA 01803

  
	
   

  	
   

  	
  FAX: [***]

  

 

Any notice or
other communication hereunder will be deemed given when personally delivered,
transmitted by facsimile with confirmation generated by the transmitting
equipment, the next day after delivery by an overnight courier service with
confirmation by airbill, or the fourth (4th) day after deposit in the United States
mail, certified with return receipt requested and postage prepaid, except that
notice of change of address or facsimile number by a Party will be considered
given when received by the other Party.

19.                               Severability.

If for any reason
any term or provision of this Agreement is determined to be illegal, invalid or
unenforceable, all other terms and provisions of this Agreement will
nevertheless remain in full force and effect. 
Upon such determination that any term or provision is illegal, invalid
or unenforceable, the Parties will negotiate in good faith to modify this
Agreement so as to effect the original intent of the Parties as closely as
possible in a mutually acceptable manner in order that the arrangement
contemplated hereby is continued as originally contemplated to the greatest
extent.

20.                               Independent
Contractor.

The relationship
of the Parties created by this Agreement is that of independent contractors,
and nothing contained in this Agreement will be construed to constitute the
Parties as partners, joint venturers or otherwise as participants in a joint or
common undertaking.

21.                               No
Third Party Beneficiaries.

Nothing expressed
or implied in this Agreement is intended or will be construed to confer or give
any person (including Callers) other than the Parties and their respective
successors and permitted assigns any rights or remedies under or by reason of
this Agreement.

22.                               Force
Majeure.

Neither Party will
be responsible for any delay in or failure of performance of its obligations
hereunder if and to the extent such delay or failure of performance is caused
by occurrences beyond its reasonable control, including acts of God or the
public enemy; accidents, fires or explosions; war, civil unrest or terrorist
attacks; strikes, lock-outs or other labor disputes or concerted acts of
personnel; compliance with any order or request of governmental authority;

 

***                           Certain
information in this exhibit has been omitted and filed separately with the
commission.  Confidential treatment has
been requested with respect to the omitted portions.

 10
 

 

telecommunication
transmission or network failures; difficulties with information storage and
retrieval systems; shortages, of power or materials; and other similar
occurrences, whether or not of the same class or kind as those specifically
identified above.  Such a delay or failure
of performance will not be construed as a breach or failure to perform by that
Party under Section 14 (“Termination), provided such a delay or failure of
performance does not continue for more than sixty (60) days and such Party (i)
promptly notifies the other Party and furnishes information concerning the
occurrence and its expected duration; (ii) uses commercially reasonable efforts
to avoid or remove the cause of the nonperformance; and (iii) proceeds to
perform its obligations with dispatch when such cause is removed.

23.                               Limitation
of Liability.

a.               Except with respect to items covered in
Section 12(a)(ii)   in no event
will either Party’s liability to the other Party for damages of any kind
arising out of or in connection with this Agreement, whether claimed in
contract, equity, tort (including negligence or strict liability), warranty or
otherwise, exceed Two Million Dollars ($2,000,000.00).

b.              In no event will
either Party be liable to the other Party for any special, incidental, indirect
or consequential losses or damages of any kind, or for the loss of profit,
revenue or data of such other Party arising out of or in connection with this
Agreement, even if the first Party had been advised of the possibility of such
potential loss or damage and whether or not such loss or damage is caused by
the fault or negligence (not to include willful misconduct or gross negligence)
of the first Party, its employees, affiliates, agents, or subcontractors.

c.               It is agreed that
the limitation of liability set forth in this Section 23, allocates the commercial
risk between Metro One and CUSTOMER arising out of or in connection with this
Agreement, including Service failure, and that the prices and other terms and
conditions of this Agreement reflect this allocation of risk.

24.                               Waiver.

The failure of
either Party at any time to enforce any obligation by the other Party, to claim
a breach of any term of this Agreement or to exercise any right agreed to
hereunder will not be construed as a waiver of any of its rights under this
Agreement, and will not affect any subsequent breach or enforcement.  No waiver of any portion of any provision of
this Agreement, or any breach thereof, will be construed as a continuing waiver
or will constitute a waiver of any other provision or breach.

25.                               Applicable
Law.

This Agreement
will be governed by, and construed and enforced in accordance with, the laws of
the State of New York, without regard to its principles of conflicts of
law.  Subject to Section 13 (“Dispute
Resolution”), the Parties agree to the exclusive jurisdiction, and hereby
irrevocably waive objection as to the

 

***                           Certain
information in this exhibit has been omitted and filed separately with the
commission.  Confidential treatment has
been requested with respect to the omitted portions.

 11
 

 

jurisdiction and
venue, of the state and federal courts situated in New York, New York.

26.                               Entire
Agreement.

This Agreement and
the Exhibits attached hereto constitute the entire agreement between the
Parties, and supersede any and all prior negotiations, representations, correspondence,
understandings and agreements with respect to the subject matter hereof.  No amendment or modification of any of the
terms of this Agreement will be effective unless in writing signed by both
Parties.

27.          Affiliates.

This Agreement is entered into by CUSTOMER on its own behalf and on
behalf of its Affiliates. References to CUSTOMER in this Agreement shall
include its Affiliates, except to the extent the Parties agree otherwise or the
context otherwise requires, it being understood that CUSTOMER shall not be
relieved of any of its obligations under this Agreement, including Section 5 (“
Compensation”).  No Affiliate is
authorized or allowed to modify any policies, processes, procedures, etc. that
have been agreed to by the Parties without the prior consent of Metro One and
CUSTOMER.

28.          NASD Approval.

This Agreement and the Warrants are non-binding and shall be
non-enforceable between the parties, and the effectiveness of this Agreement
and the Warrants is expressly contingent on the non-objection of Nasdaq to the
Warrants and to the terms and conditions of this transaction.  Promptly after the execution of this
Agreement, Metro One shall notify Nasdaq in compliance with NASD Marketplace
Rule 4310(c)(17) of the terms of the Warrants and the transaction and shall
diligently pursue the approval or acquiescence of Nasdaq.  Should Nasdaq object to any term or condition
to the Warrants or to this transaction, the parties in good faith shall
negotiate with Nasdaq and with each other to agree upon substitute terms and
conditions that are mutually acceptable to Metro One and CUSTOMER and that are
satisfactory to Nasdaq.  Should the
parties be unable to agree upon such alternate terms or conditions within ten
days after receipt of notice of Nasdaq’s objections or concerns, then this
Agreement and the Warrants shall not become effective unless the parties
otherwise agree, and in the absence of such an agreement this Agreement and the
Warrants shall be deemed to have terminated.

29.          Registration Rights Agreement.

Within seven days of the execution of this Agreement, the parties shall
in good faith negotiate and execute a Registration Rights Agreement pursuant to
which shares of Metro One issuable upon CUSTOMER’s exercise of the Warrants may
be registered under the federal securities laws.  Should the parties be unable to

 

***                           Certain
information in this exhibit has been omitted and filed separately with the
commission.  Confidential treatment has
been requested with respect to the omitted portions.

 12
 

 

agree on a Registration Rights Agreement on mutually satisfactory terms
within such seven day period, this Agreement and the Warrants shall not become
effective, whereupon this Agreement and the Warrants shall be deemed to have
terminated regardless of the status with Nasdaq as provided above.  If a Registration Rights Agreement is
executed within such period, it shall be subject to effectiveness and
termination the same as the Agreement and Warrants with respect to the above
provisions pertaining to Nasdaq.

[REMAINDER OF PAGE
INTENTIONALLY LEFT BLANK]

 

***                           Certain
information in this exhibit has been omitted and filed separately with the
commission.  Confidential treatment has
been requested with respect to the omitted portions.

 13
 

 

Entered into as of the
date and year first above written.

	
   METRO ONE 

  	
  CUSTOMER 

  
	
  TELECOMMUNICATIONS, INC.

  	
  JINGLE NETWORKS, INC.

  
	
   

  	
   

  	
   

  	
   

  
	
  By:

  	
  /s/ Gary Henry

  	
  By:

  	
  /s/ Scott Kliger

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  (Signature)

  	
   

  	
  (Signature)

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  Gary Henry

  	
   

  	
  Scott Kliger

  
	
   

  	
  (Name)

  	
   

  	
  (Name)

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  Chief Executive Officer

  	
   

  	
  Chief Technical Officer

  
	
   

  	
  (Title)

  	
   

  	
  (Title)

  

 

 

***                           Certain
information in this exhibit has been omitted and filed separately with the
commission.  Confidential treatment has
been requested with respect to the omitted portions.

 

 14

 

EXHIBIT 1                            Definitions

	
  Term

  	
   

  	
  Definition

  
	
  Access Number

  	
   

  	
  1-800-FREE411 or such other 800 number(s) as are
  provided and maintained by Customer.

  
	
  Affiliate

  	
   

  	
  Any corporation, limited liability company,
  partnership, limited liability partnership, joint venture or other entity or
  unincorporated association controlling, controlled by or under common control
  with CUSTOMER, directly or indirectly by or through one or more
  intermediaries, including actual control or the power to control by virtue of
  an equity or similar ownership interest or otherwise, at any time during this
  Agreement.

  
	
  Business Day

  	
   

  	
  Any day other than a Saturday or Sunday or a day on
  which banking institutions in the State of Oregon are authorized by law or
  executive order to be closed. Unless designated as Business Days, any
  references to days will be calendar days.

  
	
  Call(er(s))

  	
   

  	
  An entity or person placing or directing a telephone
  or other form of call to CUSTOMER, which call is then routed by CUSTOMER to
  Metro One for provision of the Services, or, as the context requires, the
  telephone or other call placed by such entity or person.

  
	
  Committed Volume

  	
   

  	
  [***]

  
	
  Confidential Information

  	
   

  	
  Except as provided in the Agreement, all information
  that relates to the business, technology, systems, Callers, finances, plans
  (including marketing plans), proposals or practices of the respective Party,
  including information relating to the System and the number, destination,
  duration or identities of Callers, customers and prospects, all reports or
  other call records provided pursuant to this Agreement, all business plans
  and proposals, all marketing plans and proposals, all technical plans and
  proposals, all research and development, all budgets and projections, all
  nonpublic financial information, all information designated as “confidential”
  and/or “proprietary,” and all other information and matters of a confidential
  or proprietary nature, including the terms of this Agreement. The term
  “Confidential Information”, will apply to every form and medium of such
  information whatsoever, whether written, oral or electronically stored on
  film, tape, computer disk or other form of media.

  
	
  Forecasted Volume

  	
   

  	
  [***]

  
	
  Launch Date

  	
   

  	
  July 1, 2006, or such other date as may be agreed to
  in writing by the Parties.

  

 

***                           Certain
information in this exhibit has been omitted and filed separately with the
commission.  Confidential treatment has
been requested with respect to the omitted portions.

 

 

	
  Operators

  	
  The live operators utilized by Metro One in
  providing Services to Callers.

  
	
  Preferred Provider

  	
  The vendor, person or entity that is allocated no
  fewer Calls by CUSTOMER and its Affiliates than as allocated to any other
  vendor, person or entity (including their respective Affiliates) providing
  services potentially competitive or competitive with the Services provided by
  Metro One under this Agreement.

  
	
  System

  	
  Metro One’s proprietary system that enables it to
  perform Services.

  

 

***                           Certain
information in this exhibit has been omitted and filed separately with the
commission.  Confidential treatment has
been requested with respect to the omitted portions.

 

EXHIBIT 2                            Telecom Information Services to be
Provided

	
  

  	
  Definition

  
	
  Telecom
  Information Services (“Services”)

  	
  Directory assistance provided by Metro One in call
  centers located in the United States. Upon the Caller’s request for telephone
  number listing and CUSTOMER’s routing of such Call to Metro One, Metro One
  Operators will interface with the Caller and will access Metro One’s database
  of United States and Territories telephone number listings, and will then
  return the appropriate listing electronically to CUSTOMER for presentation to
  the Caller.

  

 

 

***                           Certain
information in this exhibit has been omitted and filed separately with the
commission.  Confidential treatment has
been requested with respect to the omitted portions.

 

EXHIBIT 3            Service
Standards

[***]

 

 

***                           Certain
information in this exhibit has been omitted and filed separately with the
commission.  Confidential treatment has
been requested with respect to the omitted portions.

 

EXHIBIT
3A         Procedures Manual

[***]

 

 

***                           Certain
information in this exhibit has been omitted and filed separately with the
commission.  Confidential treatment has
been requested with respect to the omitted portions.

 

EXHIBIT 4            Principle
Sites for Provision of Service

[***]

 

 

***                           Certain
information in this exhibit has been omitted and filed separately with the
commission.  Confidential treatment has
been requested with respect to the omitted portions.

 

EXHIBIT 5            Call
Volume and Compensation Rates for Services

[***]

 

 

***                           Certain
information in this exhibit has been omitted and filed separately with the
commission.  Confidential treatment has
been requested with respect to the omitted portions.

 

EXHIBIT 6                            Invoice

[***]

 

 

***                           Certain
information in this exhibit has been omitted and filed separately with the
commission.  Confidential treatment has
been requested with respect to the omitted portions.

 

EXHIBIT
7            Failure Notice

[***]

 

 

***                           Certain
information in this exhibit has been omitted and filed separately with the
commission.  Confidential treatment has
been requested with respect to the omitted portions.

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