Document:

exh10.1

    California
      NewsTech

    
      825
        Van
        Ness Ave. Suite 406-407

    

    San
      Francisco, CA 94109

    (415)
      861-3421

    e-mail: Corp@CaliforniaNewsTech.com

    www.MediaSentiment.com

    

     

    Loan
      Agreement and Promissory Note

    

    This
      Loan
      Agreement and Promissory Note is made this 30th
      day of
June
      2005, by
      and among California News Tech a corporation organized under the laws of the
      State of Nevada (hereinafter known as “BORROWER”) and 

    

    GEORGE
      W.
& ELIZABETH J. GRUS

     

    (hereinafter
      known as “LENDER”). 

    

    PROMISORY
      NOTE

    

    FOR
      VALUE
      RECEIVED, BORROWER, promises to pay to the order of LENDER, the sum of
      $25,000.00 together with interest at an annual rate of 6% or $750.00 for 6
      months.

    The
      entire outstanding Loan Amount (including principal and interest) shall be
      fully
      paid by BORROWER to LENDER, or any subsequent assignee of this Note, at the
      end
      of 6 months from the date of this note or on December
      31, 2005, whichever is later. 

    On
      the
      Due Date, Lender has the option to demand that the Loan Amount (including
      principal and interest) be paid in cash or, in lieu of cash, Lender may request
      to be paid in 25,000 shares of common stock of California News Tech, plus 25,000
      warrants exercisable at $2/share for a period of 5 (five) years as payment
      in
      full for all amounts due for principal and interest under this loan agreement
      .
      Lender understands that both the common shares as well as the common shares
      for
      the warrants may be exchanged will not be registered, therefore they will not
      be
      tradable for 12 months for the common shares and, for the warrants, 12 months
      following the date of exercise of the warrants. If Lender wishes to exercise
      the
      option of repayment of the Loan amount in shares and warrants, they shall inform
      the company in writing of their decision to exercise the option no less than
      10
      days before the date repayment is due. 

    Lender
      has the option to request the Borrower to register the common shares if Lender
      covers the legal expenses related to the registration statement.

    

    Method
      of
      Repayment:

    BORROWER
      shall pay off the loan (including principal and interest) under this agreement
      by sending a check to:

    GEORGE
      W. & ELIZABETH J. GRUS

                1230
      Shell Valley Rd.
      Edmonds, WA 98026

    

    

    If
      LENDER
      gives written notice that a different address should be used for making the
      payment to pay off this loan, BORROWER shall use the new address so given by
      LENDER.

    

    This
      offer expires at the end of day on Thursday, June 30, 2005.

    

    This
      Agreement should be interpreted under and governed by the laws of the State
      of
      Nevada.

    

    In
      WITNESS WHEREOF and acknowledging acceptance and agreement of the foregoing,
      the
      BORROWER and LENDER affix their signatures hereto.

    

    BORROWER      LENDER

    California
      News Tech        /s/
      George W. Grus

                                      
      George
      W. Grus

                                   /s/
      Elizabeth J.
      Grus

                          Elizabeth
      J. Grus

    By
      /s/
      Marian Munz   

    It’s
      President and CEO

    

    Dated:
      7-1-05
            Dated:
      6-30-05EX-10.1

PATENT LICENSE AGREEMENT

This Patent License Agreement (the “Agreement”) is entered into as of August 31, 2005 (the
“Effective Date”) by and between Timeline, Inc., a Washington corporation (“Timeline”), WorkWise
Software, Inc, a Washington corporation (“WorkWise”) (Timeline and WorkWise together “Licensor”),
and Global Software, Inc, a North Carolina corporation (“Licensee”).

Recital

Licensor and Licensee are parties to a certain Asset Purchase Agreement dated July 20, 2005
(the “Asset Purchase Agreement”), under which the parties agreed, among other things, upon the
Second Closing (as defined therein), to enter into this Patent License Agreement.

Agreement

The parties hereby agree as follows:

1. Definitions.

“Acquired Business” shall have the meaning set forth in the Asset Purchase Agreement.

“Confidential Information” shall mean all information or materials transferred by Licensor to
Licensee pursuant to this Agreement which Licensor designates as confidential or which given the
nature of the information or the circumstances surrounding disclosure ought to be deemed
confidential. Notwithstanding the foregoing, Confidential Information shall not include any
information that Licensee can show: (i) is at the time of disclosure or subsequently becomes
publicly available without Licensee’s breach of any obligations owed the disclosing party; (ii)
became known to Licensee prior to Licensor’s disclosure of such information to Licensee; (iii)
became known to Licensee from a source other than Licensor other than by the breach of an
obligation of confidentiality owed to Licensor; or (iv) is independently developed by the receiving
party without reference to the Confidential Information.

“Licensed Patent(s)” shall mean the following patents:

	 	 	 
	Number	 	Title
	United States

Patent Nos.

	 	

	 
	 	 
	6,631,382

	 	Data retrieval method and apparatus with multiple source capability
	 
	 	 
	6,625,617

	 	Modularized data retrieval method and apparatus with multiple source capability
	 
	 	 
	6,026,392

	 	Data retrieval method and apparatus with multiple source capability
	 
	 	 
	6,023,694

	 	Data retrieval method and apparatus with multiple source capability
	 
	 	 
	5,802,511

	 	Data retrieval method and apparatus with multiple source capability
	 
	 	 
	6,738,757

	 	System for database monitoring and agent implementation
	 
	 	 
	5,359,729

	 	Method for searching for a given point in regions defined by attribute ranges,

then sorted by lower and upper range values and dimensions
	 
	 	 
	6738757

	 	System for database monitoring and agent implementation.
	 
	 	 
	Australian Patent

Nos.

	 	

	 
	 	 
	729,275

	 	Data retrieval method and apparatus with multiple source capability
	 
	 	 
	772-658

	 	Data retrieval method and apparatus with multiple source capability
	 
	 	 
	Israeli Patent No.

	 	

	 
	 	 
	125,129

	 	Data retrieval method and apparatus with multiple source capability
	 
	 	 
	Singapore Patent

Nos.

	 	

	 
	 	 
	80171

	 	Data retrieval method and apparatus with multiple source capability
	 
	 	 
	53983

	 	Data retrieval method and apparatus with multiple source capability
	 
	 	 
	Mexican Patent Nos.

	 	

	 
	 	 
	212,383

	 	Data retrieval method and apparatus with multiple source capability
	 
	 	 
	218,620

	 	Data retrieval method and apparatus with multiple source capability
	 
	 	 
	Canadian Patent No.

	 	

	 
	 	 
	2,240,663

	 	Data retrieval method and apparatus with multiple source capability
	 
	 	 
	Chinese Patent No.

	 	

	 
	 	 
	CN 1163821C

	 	Data retrieval method and apparatus with multiple source capability
	 
	 	 
	Hong Kong Patent No.

	 	

	 
	 	 
	HK 1018328

	 	Data retrieval method and apparatus with multiple source capability

“Patent Rights” means the Licensed Patents, as well as any continuations, divisionals,
provisionals, continued prosecution applications, or reissues thereof, and any foreign counterpart
of any of the foregoing.

“Software” shall mean the Timeline Analyst software product line (including Analyst Reporting,
Analyst Budgeting and Analyst Consolidation products) and the WorkWise software product line
(including WorkWise Business Alerts and WorkWise Data Agent Server products) together with any
improvements and derivative products thereto and thereof.

2. Grant of License. Licensor hereby grants Licensee a non-exclusive, non-assignable
(except as provided in Section 12 below), non-transferable (except as provided in Section 12
below), fully paid, perpetual, worldwide license under Licensor’s Patent Rights to make, have made,
use, import, offer to sell, sell and otherwise transfer the Software. Licensor further grants
Licensee the right to sublicense the rights granted herein, subject to the terms of this Agreement.
No such sublicense shall be broader in any respect at any time during the life of this Agreement
than the license held at that time by Licensee.

3. Reservations and Limitations. Licensee acknowledges and agrees that except for the
licenses granted in Section 2 above, nothing in this Agreement will be deemed to grant, by
implication, estoppel or otherwise, a license under any of Licensor’s existing or future
intellectual property rights. Licensor reserves all rights not granted to Licensee in Section 2.
Without limiting the foregoing, Licensee acknowledges and agrees that the licenses granted herein
are non-exclusive and, without limiting the provisions of the Asset Purchase Agreement, Licensor
retains the right to license the Licensed Patents to third parties in any territory and for any
purpose. Licensee agrees that, as a condition to the licenses granted herein, it will not contest
anywhere in the world Licensor’s ownership of the Licensed Patents, nor will Licensee challenge the
validity of Licensor’s rights in the Licensed Patents.

4. Ownership of Modifications, Enhancements or Improvements of the Licensed Patent(s).
It is anticipated that Licensee and/or Licensor may develop modifications, enhancements or
improvements to the Licensed Patent(s). If, and to the extent that, Licensee and/or Licensor
invents, develops or otherwise creates any enhancement, modification, derivation, or other
improvement to the Licensed Patent(s), ownership of such enhancement, modification, derivation or
improvement shall remain and/or vest automatically in the party that invents, develops or otherwise
creates the enhancement, modification, derivation or other improvement, subject in each case to
Licensor’s rights in the underlying technology and the Licensed Patent(s). Licensee agrees to
indemnify, defend and hold Licensor harmless from any claims arising out of Licensee’s use or
modification of the Licensed Patent(s) or its use or distribution of any modification, enhancements
or improvements to the Licensed Patent(s).

5. Patent Marking. Licensee shall mark, and shall require any sublicensee to mark,
any and all product(s) and packaging pertaining thereto made and sold by Licensee (and/or by its
sublicensees) pursuant to the terms of this Agreement with an appropriate patent marking
identifying the pendency of any U.S. patent application and/or any issued U.S. or foreign patent
forming any part of the Software of which the Licensee is made aware.

6. Patent Maintenance. Licensor may, but shall not be required to, pursue the
maintenance of the Licensed Patent(s) at Licensor’s expense. Licensor shall keep Licensee informed
of the status of the Licensed Patent(s). Licensee shall cooperate with Licensor as may be
necessary or desirable in the prosecution and enforcement of the Licensed Patent(s).

7. Term. This Agreement shall be in full force and effect as of the date first
written above and shall remain in effect for so long as any of the Licensed Patent(s) remain in
effect. Sections 3, 4, 7 and 11-19 shall survive termination or expiration of this Agreement.

8. Third-Party Infringement. If, at any time during the term of this Agreement,
Licensee shall become aware of any infringement or threatened infringement of any Licensed
Patent(s), Licensee shall forthwith give notice thereof to Licensor. Licensor shall have no
obligation hereunder to institute any action or suit against third parties for infringement of any
of its Licensed Patents or to defend any action or suit brought by a third party which challenges
or concerns the validity of any of its Licensed Patents. Licensee shall have no right to institute
any action or suit against third parties for infringement of any of the Licensed Patents

	 	9.	 	Representations and Warranties. Licensor represents that:

(a) Licensor is the owner of all right, title and interest in and to the Licensed Patents and
currently existing Patent Rights;

(b) To the Licensor’s knowledge, no additional patents or patent rights are necessary for the
use of the Software (which term, for the purpose of this section, shall not include any future
modifications or derivatives thereto or thereof); and

(c) Licensor is authorized and empowered to, and has the sole right to, grant licenses of the
Licensed Patents and Patent Rights.

10. No Warranties. WITHOUT LIMITING THE EXPRESS REPRESENTATIONS AND WARRANTIES SET
FORTH IN THE ASSET PURCHASE AGREEMENT AND EXCEPT AS EXPRESSLY SET FORTH ABOVE, LICENSOR MAKES NO
REPRESENTATIONS OR WARRANTIES, EITHER EXPRESS OR IMPLIED, ARISING BY LAW OR OTHERWISE, INCLUDING,
BUT NOT LIMITED TO VALIDITY OR ENFORCEABILITY OF THE PATENTS, OR IMPLIED WARRANTIES OF
MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE. IN NO EVENT WILL LICENSOR BE LIABLE TO
LICENSEE FOR ANY DAMAGES, INCLUDING INDIRECT OR CONSEQUENTIAL DAMAGES, OR LOSS OF PROFITS RESULTING
FROM THE USE OF THE PATENT OR TECHNICAL INFORMATION LICENSED HEREUNDER, EVEN IF ADVISED OF THE
POSSIBILITY OF SUCH DAMAGES.

11. Limitation of Liability. EXCEPT FOR LIABILITY ARISING OUT OF A BREACH OF SECTION
11, EACH PARTY AGREES THAT THE OTHER PARTY SHALL NOT BE LIABLE FOR ANY CONSEQUENTIAL, INCIDENTAL OR
PUNITICE DAMAGES EVEN IF IT HAS BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGES.

12. Confidentiality. Except as expressly provided herein, Licensee will not use or
disclose any Confidential Information without Licensor’s prior written consent, except to
Licensee’s employees, agents, contractors or consultants having a need-to-know basis and who have
signed confidentiality agreements or are otherwise bound by confidentiality obligations at least as
restrictive as those contained herein.. Licensee agrees that it shall take all reasonable measures
to protect the secrecy of and avoid disclosure or use of Confidential Information in order to
prevent it from falling into the public domain or the possession of persons other than those
persons authorized under this Agreement to have any such information. Notwithstanding the
foregoing, Licensee may disclose Confidential Information when required pursuant to the order of a
court of competent jurisdiction or by rule or regulation of an administrative agency to which
Licensee is subject, provided that Licensee will reasonably cooperate with Licensor, at Licensor’s
expense, in seeking a protective order or in otherwise preventing or restricting such disclosure.

13. Prohibition on Assignment by Licensee. Licensee may not assign this Agreement,
nor assign any rights or delegate any obligations under this Agreement, without the prior written
consent of Licensor, except that Licensee may assign this Agreement without Licensor’s prior
written consent: in connection with (i) a merger, consolidation, or similar transaction involving
(directly or indirectly) Licensee, or (ii) a sale or other disposition of all or substantially all
of the assets of Licensee or all or substantially all of the assets of Licensee relating to the
Acquired Business. In addition, Licensee may sublicense, license or assign its rights hereunder to
a wholly-owned subsidiary, provided that such wholly-owned subsidiary’s rights will be subject to
the terms, conditions, limitations and restrictions provided herein. Any attempted or purported
assignment or delegation by Licensee in violation of this Section 13 shall be null and void.
Subject to the foregoing, this Agreement shall be binding upon and shall inure to the benefit of
the parties and their respective successors and permitted assigns.

14. Notices. All notices, authorizations, and requests in connection with this
Agreement shall be deemed given (a) on the day they are hand-delivered, (b) three (3) days after
the day they are deposited in the mail, postage prepaid, certified or registered, return receipt
requested, or (c) one (1) day after the day they are sent by next-day air express courier (e.g.,
DHL, Federal Express or Airborne), charges prepaid, return receipt requested; and addressed to the
signatories of this Agreement (or their successors pursuant to due notice) at the following
addresses:

	 	 	 
	LICENSOR

	 	LICENSEE
	 
	 	 
	Mr. Robert Rohde

Rohde & Van Kampen

     

     

	 	Global Software, Inc.

3200 Atlantic Avenue

Raleigh, N.C. 27604

Attn: Ron Kupferman

Phone: (919) 872-7800

Fax: (919) 876-8205

15. Governing Law; Attorneys’ Fees. Except as specifically preempted by the federal
laws of the United States of America, this Agreement shall be construed and interpreted under the
laws of the State of Washington without giving effect to the principles of conflict of laws. The
parties submit to the exclusive jurisdiction of and venue in the Superior Court of King County,
Washington. Each party hereby waives all defenses of lack of personal jurisdiction and forum
nonconveniens. If court proceedings are required to enforce any provision of this Agreement, the
prevailing party shall be entitled to an award of reasonable costs and expenses of litigation and
any appeal, including reasonable attorneys’ fees.

16. Entire Agreement; Modification; Waiver. This Agreement together with the Asset
Purchase Agreement contains the entire agreement between the parties and supersedes and replaces
all prior negotiations and agreements between the parties hereto respecting this subject matter.
No modification or waiver of this Agreement or any of its provisions shall be binding upon the
party against whom enforcement is sought, unless made in writing and signed by each party. No
waiver of any breach of any provision of this Agreement shall constitute a waiver of any prior,
concurrent or subsequent breach of the same or any other provisions hereof, and no waiver shall be
effective unless made in writing and signed by an authorized representative of the waiving party.

17. Severability. If any provision of this Agreement is held to be invalid, illegal
or unenforceable for any reason, such invalidity, illegality or unenforceability shall not affect
any other provisions of this Agreement, and this Agreement shall be construed as if such invalid,
illegal or unenforceable provision had never been contained herein.

18. Force Majeure. A party will not be deemed to have materially breached this
Agreement to the extent that performance of its obligations or attempts to cure any breach are
delayed or prevent by reason of an act of God, fire, natural disaster, accident, act of government,
shortage of equipment, materials or supplies beyond the reasonable control of such party, or any
other cause beyond the reasonable control of that party provided that the party whose performance
is delayed or prevented promptly notifies the other party of the nature and duration of the force
majeure event.

19. Equitable Relief. The parties acknowledge and agree that it is impossible to
measure in money the damages that will accrue to a party hereto by reason of the other party’s
breach of Sections 12, and that such a breach will cause irreparable harm to the non-breaching
party. In addition to any other right or remedy available at law or in equity, and notwithstanding
the provisions of Section 15, the non-breaching party may apply to any court of competent
jurisdiction for specific performance or injunctive relief to enforce or prevent any breach of
Sections 11 without posting a bond or other security.

1

IN WITNESS WHEREOF, Licensor and Licensee have caused this Agreement to be executed by
their duly authorized representatives as of the Effective Date.

	 	 	 
	Timeline, Inc.	 	Global Software, Inc.
	/s/ Charles R. Osenbaugh

	 	/s/ Ronald Kupferman
	 

	 	 
	 
	 	 
	Chief Executive Officer

	 	Chief Executive Officer
	 
	 	 
	Date: August 31, 2005

	 	Date: August 31, 2005
	 
	 	 
	WorkWise, Inc.

	 	

	 
	 	 
	/s/ Charles R. Osenbaugh

	 	

	 

	 	

	 
	 	 
	Chief Executive Officer

	 	

	 
	 	 
	Date: August 31, 2005

	 	

	 
	 	 

2

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