Document:

Promissory Note Extension between Registrant and Acme, dated October 31, 2006

 Exhibit 10.7 
 PROMISSORY NOTE EXTENSION 
 October 31, 2006 
 BE IT ACKNOWLEDGED that: 
 TROPHY
TECH, INC. today called DIGITAL ALLY, INC. and one in the same (Borrower) executed a promissory note on September 1, 2004 in favor of ACME RESOURCES, LLC (Lender). 
 FURTHER ACKNOWLEDGED that: 
 DIGITAL
ALLY, INC. (Borrower) and ACME RESOURCES, LLC (Lender) executed a FORTY-FIVE (45) day Promissory Note Extension on February 28, 2005. 
 FURTHER ACKNOWLEDGED that: 
 DIGITAL
ALLY, INC. (Borrower) executed a revised promissory note on April 25, 2005 in favor of ACME RESOURCES, LLC (Lender). This executed promissory note is successor to original promissory note dated September 1, 2004. The maturity
date on this promissory note is May 15, 2005. Additionally, this promissory note granted unto Lender the right to extend the maturity date for a period of SIX (6) months or November 15, 2005. 
 FURTHER ACKNOWLEDGED that: 
 On
May 13, 2005, ACME RESOURCES, LLC (Lender) notified DIGITAL ALLY, INC. (Borrower) that Lender would exercise Lender’s right to extend promissory note maturity date until November 15, 2005. 
 FURTHER ACKNOWLEDGED that: 
 On
September 8, 2005, DIGITAL ALLY, INC. (Borrower) executed a SIX (6) month Promissory Note Extension in favor of ACME RESOURCES, LLC (Lender). Thus extending the maturity date to May 15, 2006. 
 FURTHER ACKNOWLEDGED that: 
 On
May 22, 2006, DIGITAL ALLY, INC. (Borrower) executed a SIX (6) month Promissory Note Extension in favor of ACME RESOURCES, LLC (Lender). Thus extending the maturity date to November 15, 2006. 
 Whereas, the executed promissory note has a maturity date of November 15, 2006 with all outstanding balances of principal and interest due and payable to
Lender by Borrower. 
 Now, therefore, both parties agree that the outstanding principal balance as of October 31, 2006 to be $500,000.00 (FIVE
HUNDRED THOUSAND DOLLARS AND 00/100) and the outstanding interest balance as of October 31, 2006 to be $2,972.60 with said interest due and payable by November 5, 2006. 
 Furthermore, both parties agree to this Promissory Note Extension with a principal balance of $500,000.00 (FIVE HUNDRED THOUSAND DOLLARS AND 00/100) with all other terms and conditions of the Promissory Note
and extensions thereof remaining the same. This Promissory Note Extension shall be for a period of SIX (6) months from the maturity date of the Promissory Note Extension, as executed on May 22, 2006 with all outstanding balances of
principal and interest due and payable to Lender by Borrower on May 15, 2007. During the extension period, Holder shall have the right to call any portion of or all of the outstanding balance and will have the right to receive repayment as
outlined in the revised Promissory Note executed on April 25, 2005. 
 Executed this the 7th day of November, 2006.

 WITNESS OUR SIGNATURES: 
 BORROWER: 
  

 DIGITAL ALLY, INC. 
  

			
	 By:
	 	 /s/ Stanton E. Ross

	 Name:
	 	 Stanton E. Ross

	 Title:
	 	 Chairman and Chief Executive Officer

  

			
	 STATE OF KANSAS
	 	)
		 	) ss.
	 COUNTY OF Johnson
	 	)

 This day, personally appeared before me, the undersigned authority, in and for the State and County aforesaid, the
within named Stanton E. Ross, who severally acknowledged that he signed and delivered the above and foregoing promissory note extension on the day and year therein mentioned. 
 Given under my hand and official seal, this, the 7th day of November , 2006. 
 (SEAL) 
  

									
	 My Commission Expires: 5/26/2010
	 		 	 /s/ Rebecca Lemoine

		 		 		 		 	 Notary Public

		 		 		 		 	

 LENDER: 
 ACME RESOURCES, INC. 
  

			
	 By:
	 	 /s/ P. Brooks Warren

	 Name:
	 	 P. Brooks Warren

	 Title:
	 	 Partner, Acme Resources, LLC

  
  

			
	 STATE OF KANSAS
	 	)
		 	) ss.
	 COUNTY OF Lincoln
	 	)

 This day, personally appeared before me, the undersigned authority, in and for the State and County aforesaid, the
within named P. Brooks Warren , who severally acknowledged that he signed and delivered the above and foregoing promissory note extension on the day and year therein mentioned. 
 Given under my hand and official seal, this, the 5th day of November , 2006. 
 (SEAL) 
  

									
	 My Commission Expires: 1/12/2010
	 		 	 /s/ Megan Lambright

		 		 		 	Notary PublicSoftware License Agreement with Ingenient Technologies dated March 15, 2004

 Exhibit 10.8 
 PRODUCTION SOFTWARE LICENSE AGREEMENT 
 Ingenient Technologies, Inc. 
 This SOFTWARE LICENSE AGREEMENT (AGREEMENT) serial number QU-2004.03.15.10 (LICENSE NUMBER) made this 15th day of March, 2004 (EFFECTIVE DATE) by and between Trophy
Tech, Inc. (LICENSEE), having its principal place of business at 4645 West 136th Street, Leawood, Kansas 66224 U.S.A., and Ingenient Technologies, Inc. (LICENSOR), having its principal place of business; at 1701 West Golf Road,
Tower-1, Suite 300, Rolling Meadows, Illinois 60008 U.S.A. 
 NOW, THEREFORE, In consideration of the Mutual promises set
forth herein, LICENSEE and LICENSOR hereby agree as follows: 
 DEFINITIONS 
 LICENSED MATERIALS is defined to be LICENSOR’S products described and listed in Exhibit 1, which is attached hereto and incorporated herein for all purposes, and includes any updates and upgrades to
such LICENSED MATERIALS provided to LICENSEE by LICENSOR under the terms of this AGREEMENT. 
 LICENSED PARTNER means a manufacturer of LICENSED
PRODUCTS who has a valid AGREEMENT with LICENSEE covering the use of LICENSED MATERIALS licensed from LICENSOR. 
 TARGET APPLICATION is defined to be
LICENSED PARTNER’s Portable Video Recorder Module in which the LICENSED MATERIALS are to be used. 
 TARGET DEVICE is defined to be Texas
Instruments TM9320DM270 for which the LICENSED MATERIALS have been designed. 
 LICENSED PRODUCT Is defined to be a product developed by or for
LICENSEE that contains both hardware and software components and that includes the executable portions of LICENSED MATERIALS or a derivative thereof. LICENSEE acknowledges and agrees that any and all LICENSED PRODUCTS will include only executable
portions or derivatives of the LICENSED MATERIALS. 
 OBJECT CODE is defined to be the computer programming code for
the LICENSED MATERIALS in machine readable format. 
 SOFTWARE RELEASE is defined to be a particular version of the
LICENSED MATERIALS. 
 SOURCE CODE is defined to be the computer programming code in human readable formal.

 SOURCE MATERIALS is defined to be all Source Code, Source Code comments and documentation, data, files, algorithms, notes, flow charts, design
documents, diagrams, authoring tools, development environments or other materials used in the preparation of the LICENSED MATERIALS as well as all instructions, notes, references, programs or other materials (including any third party software
programs) required for a skilled C programmer to prepare an executable copy of the LICENSED MATERIALS from the Source Code. 
 DEVELOPMENT INSTANCE is
defined as LICENSEE’s right to use the LICENSED MATERIALS on a single computer to create software for the TARGET APPLICATION. 
 OBJECT INSTANCE
is defined as LICENSEE’s right to use within the TARGET APPLICATION a single Instance of the object-code modules of trio LICENSED MATERIALS on a single TARGET DEVICE for a single purpose at any given time. 
 SUPPORT SERVICES is defined as the services to be provided by LICENSOR to LICENSEE in connection with the LICENSED MATERIALS, including Maintenance, Technical
Support and other services set forth In Exhibit 1. 
 ESSENTIAL PATENT is defined to be any-third party patent in any country of the world that is
required to implement a published and industry recognized standard or that is claimed by the entity that owns or controls the patent to be required to implement a published and industry recognized standard, including but not limited to ISO JPEG. ISO
MPEG and ITU-T standards. 

 ESSENTIAL COPYRIGHT is defined to be any third-party copyright in any country of the world that is required to
implement a published and industry recognized standard or that is claimed by the entity that owns or controls the copyright to be required to implement a published and industry recognized standard, including specifically any copyright underlying
software published by an industry recognized standards body that relates to including but not limited to ISO JPEG, ISO MPEG and ITU-T standards. 
 NON-ESSENTIAL PATENT is defined to be any patent that is not an ESSENTIAL PATENT and is duly issued by the government of the United States, the government of a European Union member country, the government of Canada, or the
government of Japan. 
 NON-ESSENTIAL COPYRIGHT is defined to be any copyright that is not an ESSENTIAL COPYRIGHT of the United States, of a European
Union member country, of Canada, or of Japan. 
 GENERAL 
 The terms and conditions of this AGREEMENT, including its exhibits, merge and supersede all prior and contemporaneous agreements, understandings, negotiations and discussions. No amendments or modifications to this AGREEMENT shall be
effective unless in writing and signed by the authorized representatives of both parties. Any updates to or corrections of the LICENSED MATERIALS by LICENSOR as well as any subsequent software maintenance contract or services shall be covered by the
terms of this AGREEMENT. The section headings contained in this AGREEMENT are for reference purposes only and shall not affect in any way the meaning on interpretation of this AGREEMENT. This AGREEMENT may be executed in counterparts; each of which
shall be deemed an original but both of which together shall construe one and the same instrument. A faxed signature shall have the same legally binding effect as an original signature. Absent a signature of an authorized representative of LICENSOR,
this AGREEMENT is not an offer to license any materials to LICENSEE, whether under the terms and conditions of this AGREEMENT or under any terms and conditions. 
 GRANTS OF LICENSES AND RELATED MATTERS 
 License to Object Code of LICENSED MATERIALS: 
 LICENSOR grants LICENSEE a non exclusive, non transferable limited license to the Object Code of the LICENSED MATERIALS: 
  

	 	i.	to operate the LICENSED MATERIALS internally and integrate copies of the LICENSED MATERIALS into LICENSEE’s LICENSED PRODUCTS, 

  

	 	ii.	to distribute and sublicense copies of the LICENSED MATERIALS, with LICENSEE’s LICENSED PRODUCTS, to End Users, 

  

	 	iii.	to demonstrate the functionality of the LICENSED MATERIALS to prospective End-Users, suppliers and representatives, and 

  

	 	iv.	train employees regarding use and functionality of the LICENSED MATERIALS. 

  

	 	v.	Other than the specific license granted herein, LICENSEE has no rights, by license or otherwise, to use, copy, sublicense, duplicate and/or distribute the LICENSED MATERIALS, in
whole or in part. 

 Limited License to Source Materials of LICENSED MATERIALS: 
 LICENSOR will deliver to LICENSEE sufficient Source Materials for the LICENSED MATERIALS to enable LICENSEE to provide support for OEMs and to the extent required by the
terms of this AGREEMENT, End-Users of the LICENSED PRODUCTS. Subject to the terms and conditions set forth in this AGREEMENT, LICENSOR hereby grants to LICENSEE a non-exclusive, non-transferable, limited license to use the Source Materials to
support OEMs and End-Users pursuant to the terms of this AGREEMENT. LICENSEE will use the Source Materials internally and will not sublicense, sell, market, distribute or otherwise transfer the Source Materials. LICENSEE will not provide, publish,
disclose, disseminate, distribute or otherwise make available the Source Materials to the public or any third party. LICENSEE will not copy or reproduce to Source Materials except as strictly necessary to provide support to OEMs and other End-Users
pursuant to the terms of this AGREEMENT. 
 Restrictions: 
 LICENSEE may not cause or permit others to: 
  

	 	i.	decompile, disassemble, reverse assemble, “unlock” or reverse engineer the LICENSED MATERIALS, 

  

	 	ii.	create Derivative Works of the LICENSED MATERIALS which are licensed in OBJECT CODE; or 

  

	 	iii.	sublicense, lease, sell, rent, lend or transfer the LICENSED MATERIALS, except as expressly authorized in this AGREEMENT. 

 Permitted Sublicenses: 
 LICENSEE may only exercise its distribution
rights directly and may not exercise its rights under this AGREEMENT through the use of sub distributors. LICENSEE may, however, (i) sublicense to OEMs the LICENSED MATERIALS pursuant to the terms of Exhibit 1, and such OEMs may further
sublicense Target Software to End-Users of their products in accordance with the procedures set forth In Exhibit 1, and (ii) sublicense to End-Users LICENSED MATERIALS as incorporated in LICENSED PRODUCTS pursuant to the procedures set forth in
this section. 

 LICENSEE Transactions with OEMs: 
 In the event LICENSEE desires to enter into an agreement with an OEM regarding incorporation of the LICENSED MATERIALS into an OEM product, or OEM desires to license LICENSOR LICENSED MATERIALS described on Exhibit 1,
LICENSEE will enter into an agreement with OEMs that will be binding on each OEM in the form of the license agreement set forth in this AGREEMENT. Such agreements will require the applicable OEM to pay minimum license fees to LICENSOR and a minimum
per unit royalty fee to LICENSOR for each copy of the LICENSED MATERIALS distributed by the OEM to an End-User. Within thirty (30) days of execution of any such agreements by LICENSEE and OEMs, LICENSEE will provide an executed copy of the
agreement to LICENSOR. All such agreements entered Into prior to the termination or expiration of this AGREEMENT will survive the termination or expiration of this AGREEMENT. LICENSEE’s agreements with OEMs will terminate or expire in
accordance with their own terms. 
 End User Terms: 
 In
the event LICENSEE desires to incorporate LICENSED MATERIALS into a LICENSED PRODUCT, LICENSEE agrees to incorporate the following terms, conditions and restrictions equivalent to the followings into a written license conditions printed on owners
manual of the LICENSED PRODUCT: 
  

	 	i.	Each copy of the LICENSED MATERIALS will contain the same proprietary notices that appear on or in the LICENSED MATERIALS as delivered by LICENSOR to LICENSEE and/or End-Users, or
as otherwise reasonably required by LICENSOR. 

  

	 	ii.	Title to the LICENSED MATERIALS, including title to any products or applications embedded within the LICENSED MATERIALS, and any intellectual property rights associated with the
LICENSED MATERIALS do not pass to End-User. In particular, End-User acknowledges that the LICENSED MATERIALS includes valuable intellectual property of LICENSOR and that no interest, title, or right in and to any said intellectual property of
LICENSOR passes to End-User. LICENSEE shall not make any further copies of the LICENSED MATERIALS or any portions except as required for normal operation. Licenses to the LICENSED MATERIALS granted to End-User are personal, non-exclusive
non-assignable and non-transferable. End-User may not reverse engineer, decompile, translate, disassemble, or otherwise attempt to discover the source code of the LICENSED MATERIALS. End-User may not modify, alter, adapt, create Derivative Works of
or merge the LICENSED MATERIALS. 

  

	 	iii.	End-User agrees that the LICENSED MATERIALS will not be shipped, transferred or exported Into any other country, or used in any manner prohibited by the United States Export
Administration Act or any other export laws, restrictions or regulations. 

 Ownership: 
 All copyrights, patents, patent rights, trade secrets, trademarks, trade names, moral rights and other intellectual and proprietary rights in the Object Code and Source
Materials of the LICENSED MATERIALS and the Documentation are and will remain the sole and exclusive property of LICENSOR. LICENSEE will at no time have any interests, by license, ownership or otherwise, in the same, except to the extent expressly
provided in this AGREEMENT. LICENSEE agrees that LICENSOR will at all times retain all rights, title and interest in and to any modifications of the LICENSED MATERIALS, Derivative Works based thereon, or any work developed by LICENSOR in conjunction
with its performance of any services relating to the LICENSED MATERIALS or otherwise at the request of LICENSEE (regardless of the identity of the party creating such modifications, derivative works, or other works). Title to and ownership of all
complete and partial copies of the LICENSED MATERIALS (including any and all LICENSOR delivered customization and/or enhancements), whether in machine readable, printed, or other form and including without limitation all revisions, enhancements,
technical know how, patents and patent rights, copyrights, moral rights and trade secrets pertaining to the LICENSED MATERIALS, are and will remain the sole property of LICENSOR. This AGREEMENT is not a sale of the LICENSED MATERIALS. 
 Trademarks; Publicity: 
 Each party may publicly state, with the other
party’s written consent, that LICENSEE has licensed the LICENSED MATERIALS and may, with appropriate credit to the owner, use all relevant trademarks of the other party in such statements. LICENSOR may include photos or other representations of
LICENSEE’s LICENSED PRODUCTS in its promotional and/or sales materials. Neither party will use the company name, trademarks, or trade names of the other party and/or of LICENSOR’s licensors without the other party’s prior written
consent. All third party trademarks, service marks and registered trademarks within or otherwise related to the LICENSED MATERIALS are the sole property of their respective owners. LICENSEE will place the following statements in the copyright area
of (i) the on-line documentation regarding the LICENSED PRODUCTS, (ii) the end-user license agreement and/or terms of use of the LICENSED PRODUCTS, (iii) any other document related to the LICENSED PRODUCTS or LICENSED MATERIALS that
contains LICENSOR copyright Information: 
 Contains technology by Ingenient Technologies, Inc. 
 Copyright© 2004-2006 Ingenient Technologies, Inc. All rights reserved. 
  
  

 Right to Replace/Substitute/Alter: 
 LICENSOR may, at its sole option, replace or substitute any portion of the LICENSED MATERIALS with alternative software of substantially equivalent function or performance, and LICENSEE agrees to accept and integrate
such replacement software subsequently supplied to OEMs and into all units of the LICENSED PRODUCTS subsequently produced by LICENSEE. 
 INTELLECTUAL
PROPERTY 
 The LICENSED MATERIALS contain copyrighted material, trade secrets, and other proprietary information. LICENSEE may not “unlock”,
reverse, engineer, decompile, disassemble, or otherwise translate the object-code versions of the software included in the LICENSED MATERIALS. LICENSEE shall not modify or create derivative versions of the object-code modules. Furthermore, LICENSEE
agrees to dearly inform LICENSEE’s employees, associates, and contractors not to reverse engineer, decompile, disassemble, or otherwise translate or modify the object code versions of software programs included in the LICENSED MATERIALS.

 LICENSEE acknowledges and agrees that the LICENSED MATERIALS are based on industry recognized standards, including but not limited to the ISO JPEG, ISO
MPEG and ITU-T standards and software program published by industry recognized standards bodies and that certain third parties claim to own ESSENTIAL PATENTS and ESSENTIAL COPYRIGHTS that cover implementation of those standards. This AGREEMENT does
not convey a license or imply a right under any patent, copyright, trade secret, or other intellectual property right of any third party to use, reproduce, prepare derivative works of, or distribute the LICENSED MATERIALS or to make or have made
LICENSED PRODUCTS, or to offer for sale, sell, import, export or otherwise distribute the LICENSED MATERIALS, or portions or derivatives thereof, for use with such LICENSED PRODUCTS. LICENSEE may need to obtain an independent license from third
parties for such use. 
 EXPORT 
 LICENSEE hereby
acknowledges and agrees that unless prior authorization is obtained from the U.S. Department of Commerce, neither LICENSEE nor its subsidiaries shall export, re-export, or release, directly or indirectly, any technology, software, or software source
code (as defined in Part 772 of the Export Administration Regulations of the U.S. Department of Commerce (“EAR”)) received from LICENSOR, or export, directly or indirectly, any direct product of such technology, software, or software
source code (as defined in Part 734 of the EAR), to any destination or country to which the export, re-export or release of the technology, software, software source code, or direct product is prohibited by the EAR. The assurances provided for
herein are furnished to LICENSOR by LICENSEE in compliance with Part 740 (Technology and Software Under Restriction) of the EAR. 
 SEVERABILITY

 If any provision this AGREEMENT is determined by a court to be unenforceable, that provision will be deemed to be modified to the extent necessary to
allow it to be enforced to the extent permitted by law, or if it cannot be modified, the provision will be severed and deleted from this AGREEMENT, and the remainder of the AGREEMENT will continue in effect. 
 GOVERNING LAW AND JURISDICTION 
 The laws of the State of New York,
without regard to its conflict-of-laws principles, shall govern any claim arising under or relating to this AGREEMENT. This AGREEMENT shall not be governed by the United Nations Convention on Contracts for the International Sale of Goods, or by the
Uniform Computer Information Transactions Act (“UCITA”). LICENSEE consents to the jurisdiction and venue of the courts located in the state of New York, USA. 
 FORCE MAJEURE 
 Neither party shall be liable by reason of any delay in the performance of its obligations due to
strikes, riots, fires, explosions, acts of God, war, governmental action or any other cause which is beyond the reasonable control of such party. The performance of such party shall be excused for such reasonable time as may be required to resume
performance following cessation of such cause. 
 GOVERNING LANGUAGE 
 Any construction or interpretation of this AGREEMENT shall use the English language as spoken in the United States. If this AGREEMENT is translated into another language, the version in English shall control over such
translation. 
 TERM AND TERMINATION 
 The term of this
AGREEMENT shall begin on the EFFECTIVE DATE and shall continue for three (3) years thereafter, unless earlier terminated under this AGREEMENT. Thereafter, the terms of this AGREEMENT shall be automatically extended for one (1) year terms
unless both parties agree in a written notice not to renew this AGREEMENT ninety (90) days prior to any expiration of the original term or any renewed term of this AGREEMENT. 
  

 This AGREEMENT will terminate: 
 On the thirtieth (30th) day after either party gives the other notice of a material breach by the other of any term or condition of this AGREEMENT (including non-payment of any amounts due under this AGREEMENT),
unless the breach is cured before that day; provided that any willful unauthorized use, distribution and/or copying of the LICENSED MATERIALS will be deemed a material breach of this AGREEMENT that cannot be cured and In such event this AGREEMENT
may be terminated immediately. 
 From and after termination: 
 All rights and licenses granted to LICENSEE under this AGREEMENT shall cease and terminate and LICENSEE shall cease the use, sublicensing, marketing, advertising, or distribution of the LICENSED MATERIALS thereof; provided, however, that
except in the case of termination by LICENSOR due to unauthorized use, copying, modification, reverse engineering, disclosure or sublicensing of the LICENSED MATERIALS by LICENSEE, LICENSEE shall have the right to continue to distribute and
sublicense its inventory of LICENSED PRODUCTS including the LICENSED MATERIALS for a period of sixty (60) days after the effective date of termination, cancellation or expiration of this AGREEMENT. 
 LICENSEE shall return the originals of the LICENSED MATERIALS, the Documentation, the Source Materials, and LICENSOR’S Confidential Information and all copies
thereof, in whole or in part, to LICENSOR within thirty (30) days after the effective date of termination. 
 Except to allow for the distribution
provided for in this section, LICENSEE shall remove the LICENSED MATERIALS and all portions thereof from all LICENSED PRODUCTS. 
 LICENSEE shall pay to
LICENSOR any and all outstanding fees, charges, payments and expenses due pursuant to this AGREEMENT, including any License Fees and Royalties due under this AGREEMENT within sixty (60) days following the termination, cancellation or expiration
of the AGREEMENT. 
 LICENSOR may cease performance of all of LICENSOR’S obligations hereunder without liability to LICENSEE, including the Support
Services, if applicable. 
 Any termination of this AGREEMENT will not terminate the right of LICENSED PARTNERS who received or obtained the LICENSED
PRODUCTS or the LICENSED MATERIALS under a valid license prior to such termination. 
 Certification by LICENSEE: 
 Within thirty (30) days following the date of termination, cancellation or expiration of this AGREEMENT, LICENSEE shall certify in writing to LICENSOR its compliance
with the provisions of this section. 
 WARRANTY 
 LICENSOR warrants for ninety (90) days from the date of shipment that the object-code portions of the LICENSED MATERIALS shall substantially conform to the related documentation provided to LICENSEE at the time of shipment. The
warranty shall cover normal use and wear and shall not cover damage that occurs in shipment or failure that results from alteration, accident, misuse, or abuse. The LICENSED MATERIALS are otherwise provided “as is”. Any alteration of the
LICENSED MATERIALS or improper installation or connection to another product shall void the entire warranty. LICENSOR makes no warranties or representations of any kind, either expressed, implied, or statutory regarding the LICENSED MATERIALS of
merchantability, fitness for a particular purpose, uninterrupted operation, freedom from defects, or accuracy of results. 
 REMEDIES

 If during the warranty period LICENSOR finds or LICENSEE notifies LICENSOR with adequate specificity of defects or of any substantial deviation of
the LICENSED MATERIALS from the documentation provided to LICENSEE at the time of shipment, LICENSOR agrees to use reasonable commercial efforts to modify the Licensed MATERIALS to conform to the documentation, in a timely manner and at
LICENSOR’s expense. 
 LIABILITY 
 In no event
shell LICENSOR or its distributors be liable for any indirect special, incidental, consequential, or indirect damages of any kind, however caused by or related to the LICENSED MATERIALS, even If LICENSOR has been advised of the possibility of such
damages; neither shall LICENSOR be liable for claims by third parties. LICENSEE agrees to obtain prior written approval from a duly authorized representative of LICENSOR if LICENSEE intends to use the LICENSED MATERIALS as a component in a
life-support or safety system or in any other application in which the failure of the LICENSED MATERIALS could in any way contribute to personal injury or death. 

 REPORTS 
 Within thirty days after March 30th, June 30th, September 30th, and December 31st of each calendar year, LICENSEE agrees to provide LICENSOR with a written certified statement that identifies the number of
LICENSED PRODUCTS LICENSEE has manufactured, licensed, or otherwise distributed during that calendar quarter. All statements shall be delivered to LICENSOR at the following mailing address: 
 Ingenient Technologies, Inc. 
 1701 W. Golf
Road 
 Tower-1, Suite 300 
 Rolling Meadows, Illinois 60008 
 Attention: LICENSED MATERIALS Planning Manger 
 REPRESENTATIONS AND WARRANTIES 
 LICENSEE represents and
warrants that LICENSEE has or will obtain a license from each of the third parties (or a legal entity representing these third parties) that own applicable ESSENTIAL PATENTS and ESSENTIAL COPYRIGHTS, granting to LICENSEE rights consistent with the
terms and conditions of this AGREEMENT. 
 NOTICES 
 All notices and other communications required under this AGREEMENT will be in writing in the English language and will be delivered personally, or by an internationally recognized express delivery company such as DHL or Federal Express, or
by fax, confirmed by internationally recognized express delivery company as described below, addressed as follows: 
  

			
	LICENSOR:	  	Ingenient Technologies, Inc.,
		  	1701 W. Golf Road
		  	Tower-1, Suite 300
		  	Rolling Meadows, Illinois 60008 USA.
		  	Attention: Sami Levi
		  	Facsimile: +1.847.357.1981
		
	LICENSEE:	  	Trophy Tech, Inc.
		  	4745 W. 136th Street, Leawood, KS 66224
	Attention:	  	Robert Haler
	Facsimile:	  	913 402-6061

 Any notice so addressed and delivered personally will be deemed given upon receipt. Any notice so addressed and
delivered by internationally recognized express company will be deemed given upon the earlier of five (5) business days from deposit with such company, or confirmation of delivery by such company. Any notice delivered by facsimile to the
numbers set forth above shall be deemed given upon confirmation of receipt of such transmittal. Either party may change its address by giving the other written notice thereof as provided above. 
 ADDITIONAL SERVICES 
 In the event LICENSEE selects any Support
Services or other services to be provided by LICENSOR, as specified In Exhibit 1, LICENSEE also will pay to LICENSOR the associated fees set forth in Exhibit 1. LICENSEE will reimburse LICENSOR for all reasonable out-of-pocket expenses when
necessary in the performance of any services provided to LICENSEE, whether under Exhibit 1 or otherwise. These expenses include, without limitation, travel, hotels and meals when traveling to LICENSEE’s facilities, surface transportation,
shipping expenses, and reproduction of drawings, manuals and supporting documentation. All of the above will be paid by LICENSEE within thirty (30) days after LICENSEE’S receipt of the invoice therefore. 
 FIRST LINE SUPPORT 
 LICENSEE shell be responsible for
providing FIRST LINE SUPPORT to OEM and other End-Users. LICENSOR shall not have any obligation for providing or for LICENSEE’s failure to provide FIRST LINE SUPPORT and shall not have any FIRST LINE SUPPORT obligation to LICENSEE’s
customers. 
 COMPENSATION AND TAXES 
 LICENSEE
agrees to compensate LICENSOR according to the compensation provisions set forth in Exhibit 1, attached hereto and incorporated herein. 
 In addition to the
Licensing Fee and Royalties due hereunder, LICENSEE will be liable for all local, state and federal sales, use, withholding, excise, personal property, value-added, or other similar taxes, assessments or duties which may now or 

 
hereafter be imposed (i) in connection with this AGREEMENT, (ii) or which are based on or in any way relating to this AGREEMENT, the LICENSED
MATERIALS, the LICENSED PRODUCTS, or any services related thereto. LICENSEE will pay or reimburse LICENSOR for any such taxes and LICENSOR may add such taxes to the invoices submitted to LICENSEE by LICENSOR. LICENSEE agrees to Indemnify LICENSOR as
to all such taxes. This section will not be construed to include franchise taxes applicable to LICENSOR or taxes on its income. 
 Notwithstanding the
foregoing, LICENSEE may withhold from payment to LICENSOR under this Agreement, any income taxes required to be withheld under the provisions of any applicable U.S.A./Japan taxation treaty adopted by the laws of Japan. Such amounts (if any) shall be
paid to the appropriate taxing authorities and LICENSEE shall provide LICENSOR with official receipts issued by said taxing authority or such other evidence as is available to establish that such taxes have been paid and are available for credit by
LICENSOR for the income tax purpose of U.S.A. 
 Payments shall reference the quotation number in Exhibit 1 and the US$
equivalent funds wired to the following. 
 Bank Name: 
 Bank Address: 
 Bank Phone. 
 Attention: 
 ABA: 
 Acct: 
 In witness whereof, this AGREEMENT is accepted by the undersigned, who are respectively duly authorized
representatives of LICENSEE and LICENSOR. 
  

									
	LICENSEE	 		 	LICENSOR
					
	By:	 	 /s/ Andy Ross
	 		 	By:	 	 /s/ Sam Levi

	Name:	 	Andy Ross	 		 	Name:	 	Sam Levi
	Title:	 	CEO	 		 	Title:	 	President & CEO
	Date:	 	March 16, 2004	 		 	Date:	 	March 16, 2004

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00116-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00116-of-00352.parquet"}]]