Document:

ex10_11.htm

    
      

    

    Exhibit
10.11

     

    
      CHARTER
OF

      THE
EXECUTIVE COMMITTEE

      OF
THE BOARD OF DIRECTORS

      OF
MARSHALL HOLDINGS INTERNATIONAL, INC.

      

      The
Executive Committee of Marshall Holdings International, Inc., a Nevada
corporation (the “Company”), is a committee of the Board of Directors of the
Company, the composition and responsibilities of which are described in this
Executive Committee Charter.

      

      1.           Composition.  In
accordance with Article III of the Bylaws of the Company, the Board of
Directors, by resolution adopted by a majority of the whole Board of Directors,
may designate an Executive Committee.  The Executive Committee shall
consist of no fewer than ___ members.  The members of the Executive
Committee shall be appointed by the Board of Directors.  The Chairman
of the Board of Directors shall be the Chair of the Executive Committee;
provided, however, that if the Chairman of the Board of Directors is an
executive officer or employee of the Company, then the Chairman of the Executive
Committee of the Board of Directors shall be an independent
director.  The members of the Executive Committee shall serve at the
pleasure of the Board of Directors or until their successors shall be duly
designated.  Vacancies in the Executive Committee shall be filled by
the Board of Directors.

      

      2.           Responsibilities.  In
accordance with Article III of the Bylaws of the Company, during the intervals
between the meetings of the Board of Directors, the Executive Committee shall
have and may exercise all of the authority of the Board of Directors in the
management of the business affairs of the Company to the extent authorized by
the resolution providing for the Executive Committee or by subsequent resolution
adopted by a majority of the whole Board of Directors.  This
authorization is subject to the limitations imposed by law, the Bylaws of the
Company or the Board of Directors.

      

      3.           Reporting.  The
Executive Committee shall keep written minutes of each meeting, which shall set
forth the Committee’s actions, and shall be duly filed in the Company’s
records.  Reports of meetings of the Executive Committee, including a
report of all actions taken, shall be made to the Board of Directors at its next
regularly scheduled meeting, following the Executive Committee meeting,
accompanied by any recommendations to the Board of Directors approved by the
Executive Committee.ex10_12.htm

    
      

    

    Exhibit
10.12

     

    
      MARSHALL
HOLDINGS INTERNATIONAL, INC.

      CHARTER
OF THE FINANCE COMMITTEE

      

      1.          
   Purpose.  Acting
pursuant to Section 78.125 of the Nevada Revised Statutes and Article III of the
Company’s Bylaws, the Board of Directors has established a Finance Committee for
the purpose of overseeing all areas of corporate finance for the Company and its
subsidiaries, including capital structure, equity and debt financings, capital
expenditures, cash management, banking activities and relationships,
investments, foreign exchange activities and share repurchase
activities.

      

      2.           
  Membership.  The
Committee will consist of a minimum of three members of the Board of Directors,
the majority of whom shall meet the same independence and experience
requirements of the Audit Committee of the Company and the applicable provisions
of federal law and the rules and regulations promulgated thereunder and the
applicable rules of The Nasdaq Stock Market, the New York Stock Exchange, or any
other exchange where the shares of the Company may be listed or quoted for
sale.  The members of the Committee are recommended by the Nominating
and Corporate Governance Committee and are appointed by and serve at the
discretion of the Board of Directors.

      

      3.         
    Responsibilities.  The
Finance Committee shall be responsible for reviewing with Company management,
and shall have the power and authority to approve on behalf of the Board of
Directors, any and all strategies, plans, policies and actions related to
corporate finance, including the following:

      

      (a) 
          Capital structure
plans and strategies and specific equity or debt financings;

      

      (b)  
         Capital expenditure plans
and strategies and specific capital projects;

      

      (c)    
       Strategic and financial investment
plans and strategies and specific investments;

      

      (d)     
      Mergers, acquisitions and
divestitures;

      

      (e)       
    Cash management plans and strategies and all activities
relating to cash accounts and cash investments portfolio, including the
establishment and maintenance of bank, investment and brokerage accounts;
and

      

      (f)          
  Plans and strategies for managing foreign currency exchange exposure
and other exposures to economic risks.

      

      Notwithstanding
the power and authority of the Committee to act on behalf of the Board of
Directors with respect to such matters, the Committee, in its discretion, may
submit any such matter, along with its recommendation with respect thereto, to
the full Board of Directors for consideration and approval.

      

      4.         
    Authority.  Any
action duly and validly taken by the Committee pursuant to the power and
authority conferred under this Charter shall for all purposes constitute an
action duly and validly taken by the Board of Directors and may be certified as
such by the Secretary or other authorized officer of the Company.

      

      5.           
  Meetings
and Reports.  The Committee shall hold regular meetings at
least four times each year generally in conjunction with the regularly scheduled
meetings of the Board of Directors, and such special meetings as the Chair of
the Committee or the Chairman of the Board may direct.  The Committee
shall maintain written minutes of its meetings, which will be filed with the
minutes of the Board of Directors.  At each regularly scheduled
meeting of the Board of Directors, the Chair of the Committee shall provide the
Board of Directors with a report of the Committee’s activities and
proceedings.ex10_13.htm

    
      

    

    Exhibit
10.13

     

    
      MARSHALL
HOLDINGS INTERNATIONAL, INC.

      CHARTER
OF THE GOVERNANCE AND NOMINATING COMMITTEE

      

      

      Purpose

      

      The
purpose of the Governance and Nominating Committee of the Board of Directors is
to assist the Board in identifying qualified individuals to become Board members
and determining the composition of the Board and its committees.

      

      Membership
And Procedures

      

      Membership and
Appointment.  The Committee shall consist of not less than
three members of the Board, with the exact number being determined by the
Board.  The members of the Committee shall be appointed and replaced
from time to time by the Board.

      

      Independence.  Each
member shall meet the independence requirements of applicable provisions of the
federal securities laws and the rules promulgated thereunder and the applicable
rules of The Nasdaq Stock Market, the New York Stock Exchange, or any other
exchange where the shares of the Company may be listed or quoted for
sale.

      

      Authority to Retain
Advisers.  In the course of its duties, the Committee shall
have sole authority, at the Company’s expense, to engage and terminate search
firms, as the Committee deems advisable, to identify director candidates,
including the sole authority to approve the search firm’s fees and other
retention terms.

      

      Evaluation.  The
Committee shall annually review and reassess the adequacy of this Charter and
recommend any proposed changes to the Board.

      

      Duties
And Responsibilities

      

      The
Committee shall:

      

      1.           Evaluate
and make recommendations regarding the composition and size of the
Board.

      

      2.           Determine
the composition of committees of the Board, with consideration of the desires of
individual Board members.

      

      3.           Monitor
compliance with Board and Board committee membership criteria.

      

      4.           Recommend
nominees to the full Board to fill vacancies on the Board.

      

      5.           Investigate
suggestions for candidates for membership on the Board and shall recommend
prospective directors, as required, to provide an appropriate balance of
knowledge, experience and capability on the Board, including stockholder
nominations for the Board.ex10_1.htm

    
      

    

    Exhibit
10.1

     

    MEMORANDUM
OF UNDERSTANDING

     

    This
memorandum of understanding is entered into by and between Mobicom Korea, a
company registered and incorporated in Korea and FAS Alliances Inc., a company
registered and incorporated in the Republic of Korea, (collectively the Parties
hereto), with respect to the following facts:

     

    
      	
              A.

            	
              Mobicom
      Korea is currently a wholly owned subsidiary of Mobicom Corp, a publicly
      traded company incorporated in the
USA.

            

    

     

    
      	
              B.

            	
              Mobicom
      Corp owns all of the issued and authorized share capital of Mobicom Korea,
      which is comprised of 1,862,000 common
shares.

            

    

     

    
      	
              C.

            	
              FAS
      Alliances Inc. wishes to acquire an equity investment in Mobicom Korea,
      and Mobicom Korea is willing to sell common shares to FAS Alliances, Inc.,
      on the terms contained in this
memorandum.

            

    

     

     

    The
Parties, intending to be legally bound, agree as follows:

     

     

    
      	
              1.

            	
              Mobicom
      Korea hereby sells to FAS Alliances Inc., and FAS Alliances Inc. hereby
      purchases from Mobicom Korea, 1,862,000 common shares in Mobicom Korea at
      a price of W500 per share for an aggregate amount of W931,000,000, which
      amount shall be payable to Mobicom Korea upon signature of this memorandum
      of understanding.

            

    

     

    
      	
              2.

            	
              FAS
      Alliances Inc. agrees to purchase a further 1,000,000 common shares in
      Mobicom Korea at a purchase price of W5,000 per share, by no later than
      March 15, 2009, subject to Mobicom Korea achieving revenue of
      W6,000,000,000 and Net Income of not less than W1,200,000,000 for the
      financial year ended December 31st,
      2008.

            

    

     

    
      	
              3.

            	
              FAS
      Alliances Inc. agrees to purchase a further 1,500,000 common shares in
      Mobicom Korea at a purchase price of W10,000 per share, by no later than
      March 15th, 2010, subject to Mobicom Korea achieving revenue of
      W25,000,000,000 and Net income of not less than W5,000,000,000 for the
      financial year ended December 31st,
      2009.

            

    

     

    
      	
              4.

            	
              Mobicom
      Korea agrees to use the proceeds of the sale for working capital purposes
      and for merger and acquisition purposes.  Mobicom Korea will use
      the proceeds for working capital inter alia, to develop and enhance its
      operational capability and improve its Mobile Marketing Solutions and
      Platforms.  Mobicom Korea also agrees to use good faith efforts
      to identify and negotiate with merger and acquisition candidates with
      complimentary products or services.  Mobicom Korea will use
      commercially reasonable efforts to position itself as a leader in the
      field of mobile marketing, data base management and interactive
      marketing.

            

    

     

    
      
         

      

      
        -1-

        
          

        

      

      
         

      

    

     

    
      	
              5.

            	
              FAS
      Alliances Inc. agrees that it will use it resources and expertise to
      assist Mobicom Korea, including without limitation identifying and
      facilitating the introduction of potential customer prospects and merger
      and acquisition candidates to Mobicom
Korea.

            

    

     

    
      	
              6.

            	
              FAS
      Alliances Inc. agrees that it is a sophisticated investor and understands
      the risk of an investment in a company like Mobicom Korea.  FAS
      Alliances Inc. has conducted its own due diligence investigation of the
      business and operations of Mobicom Korea.  In making its
      investment decision, FAS Alliances Inc. is relying on its own business
      judgment and is not relying on any representation or warranty pertaining
      to Mobicom Korea or Mobicom Corp. except for those representations or
      warranties included in this
memorandum.

            

    

     

    Agreed
and signed by:

     

     

    
      
        
          
            
              
                
                  
                    
                      
                        
                          	
                                  /s/ Ki-Young
      Sohn

                                	 	Date:	
                                  November 7,
      2008

                                	 
	
                                  Ki-Young
      Sohn

                                	 	 	 
      	 
	
                                  CEO
      and President: FAS Alliances Inc

                                	 	 	 
      	 
	 
      	 	 	 
      	 
	 
      	 	 	 
      	 
	
                                  /s/ Kyung-Hoon
      Ahn

                                	 	Date:	
                                  November 7,
      2008

                                	 
	
                                  Kyung-Hoon
      Ahn

                                	 	 	 
      	 
	
                                  CEO
      and President: Mobicom  Korea

                                	 	 	 
      	 

                        

                      

                       

                       

                      -2-

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