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Exhibit 10.26

FORBEARANCE AGREEMENT

This Forbearance Agreement (this "Agreement") is dated and effective as of day 10th of April 2014 among MOUNT KNOWLEDGE HOLDINGS, INC. ("Borrower"), and the parties set forth on the signature pages affixed hereto (including any successor-by-assignment) (the “Lender”).

RECITALS

A.

Borrower and Lender, among others, entered into that certain Promissory Note dated as of October 31, 2013 (as amended, supplemented or otherwise modified from time to time, the "Promissory Note");

B.

As of the date hereof, an Event of Default has occurred under Section 6(a) of the Promissory Note; and

C.

Borrower has requested that Lender forbear from exercising remedies under the Promissory Note in respect of such Event of Default, and Lender is willing to do so, subject to and on the terms and conditions set forth in this Agreement.

NOW, THEREFORE, in consideration of the foregoing and for other consideration, the receipt and sufficiency of which are acknowledged, the parties hereto agree as follows:

AGREEMENT

1.

Capitalized Terms. Capitalized terms used but not defined herein shall have the respective meanings given to such terms in the Promissory Note when used in this Agreement.

2.

Event of Default. The parties hereto acknowledge and agree that an Event of Default has occurred under Section 6(a) of the Promissory Notes (the "Existing Default"). The parties hereto further acknowledge and agree, for the avoidance of doubt, that Lender shall be deemed to have delivered any and all notices required to establish the Existing Default and that any applicable cure periods in respect of the Existing Default have expired. The parties hereto further acknowledge and agree that the referencing of the Events of Default referenced in this Section 2 does not waive any other defaults or Events of Default that may now or hereafter exist under the Promissory Note.

3.

Forbearance.

1.1

Subject to the terms and conditions of this Agreement, and provided that no Forbearance Default (as defined below) has occurred, Lender agrees that during the period commencing on the date of this Agreement and ending on and including May 15, 2014 (the "Forbearance Period"), Lender will not file suit (as defined in the Promissory Note) or file suit or take any other action to enforce its rights under the Promissory Note. This limited forbearance does not extend to any other default or Events of Default under any other provision of the Promissory Note or any of the other rights and remedies available to Lender under the Promissory Note. Upon the earlier of (i) the occurrence of a Forbearance Default and (ii) the expiration of the Forbearance Period, Lender’s agreement to forbear shall automatically be deemed terminated and Lender shall be entitled to immediately and without notice exercise all of its rights and remedies under the Promissory Note.

1.2

Notwithstanding anything to the contrary contained herein, the effectiveness of the agreement made by Lender pursuant to Section 3.1, and Lender’s agreement to forbear as described in Section 2 above, is subject to the fulfillment, to the exclusive satisfaction of Lender in its sole and absolute discretion, of each of the following conditions before the end of the Forbearance Period:

(i)

Borrower shall complete and submit to the Securities and Exchange Commission (“SEC”) any and all required quarterly and annual filings (e.g. 10Qs and 10Ks) in order to become reinstated as a fully-reporting public company on the Over-the-Counter (OTC) stock exchange (the “SEC Filings”); 

(ii)

Borrower shall submit the required documentation to the Financial Industry Regulatory Authority (“FIRNA”) in order to be reinstated as a listed public company on the Over-the-Counter Bulletin Board (OTCBB) stock exchange; and

i.1

The following events shall constitute "Forbearance Defaults:”

(i)

Any default or Event of Default under the Promissory Note, other than the Existing Default, shall have occurred and by continuing;

(ii)

Borrower shall fail to comply with any provision of this Agreement; or

(iii)

Borrower shall fail to provide to Lender within thirty (30) Business Days’ request therefore, such information as Lender may reasonably request with respect to Borrower and the Collateral.

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1.

Discussions. Any future discussions among Borrower and Lender shall not cause a modification of the Promissory Note (except as expressly set forth herein), establish a custom or waive, limit or condition the rights and remedies of Lender under the Promissory Note, all of which rights and remedies are expressly reserved. No such discussions, if any, shall in any way be used by Borrower as a defense to the performance of any of its or their obligations under this Agreement or the Promissory Note.

2.

Lender’s Expenses. Without limiting any provisions of the Promissory Note, immediately upon demand of Lender, Borrower shall pay all of the fees, costs and expenses (including, without limitation, attorneys fees) incurred in connection with this Agreement and the Existing Default (and the exercise of Lender’s rights and remedies in connection therewith).

3.

Authorization, Waiver and Release. Borrower hereby warrants and represents that: (i) Borrower has been duly authorized to execute and deliver this Agreement; (ii) Borrower does not have any right of claim, offset, set-off, counter-claim or other defense to the performance of its obligations under, or against enforcement of, the Promissory Note or this Agreement, in accordance with each of their respective terms, conditions and provisions; and (iii) Lender, on and as of the date hereof, has fully performed all obligations to Borrower that Lender may have had or may have on and as of the date hereof. Without limiting the generality of the foregoing, Borrower, on its own behalf and on behalf of its respective past, present and future representatives, partners, operators, members, shareholders, officers, directors, agents, employees, servants, affiliates and related companies, successors and assigns (hereinafter referred to collectively as the "Borrowing Group"), hereby waives, releases and forever discharges Lender, and Lender’s respective past, present and future officers, directors, subsidiary and affiliated entities or companies, agents, servants, employees, shareholders, partners, members, operators, representatives, successors, assigns, attorneys, accountants, assets and properties, as the case may be (hereinafter referred to collectively as the "Lender Group"), from and against all manner of actions, cause and causes of action, suits, debts, sums of money, accounts, reckonings, bonds, bills, specialties, covenants, contracts, controversies, agreements, promises, obligations, liabilities, costs, expenses, losses, damages, judgments, executions, claims and demands, of whatever kind and nature, in law or in equity, whether known or unknown, whether or not concealed or hidden, arising out of or relating to any matter, cause or thing whatsoever, that any of the Borrowing Group, jointly or severally, may have had, or now have or that may subsequently accrue against the Lender Group by reason of any matter or thing whatsoever through the date hereof arising out of or in any way connected to the loan evidenced by the Promissory Note or any Promissory Note. It is acknowledged and agreed that Lender is specifically relying upon the representations, warranties, covenants and agreements contained herein and that such representations, warranties, covenants, and agreements constitute a material inducement to enter into this Agreement.

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4.

Certain Representations. Borrower hereby certifies, represents and warrants to Lender as follows:

1.1.

No Default or Event of Default has occurred and is continuing under any Promissory Note, except for the Existing Default;

1.2.

The representations and warranties that the Borrower made in the Promissory Note are true and correct as of the date of this Agreement as if made on and as of the date of this Agreement other than representations made with specific reference to a particular date, which representations were true as of such date.

1.3.

Borrower has not received any notice from any governmental authority of any claimed violations of any applicable laws, which have not been cured, and Borrower is aware of any circumstances that could give rise to the issuance of any such notice of claimed violation.

1.4.

The concepts embodied in this Agreement have been voluntarily and independently negotiated by and between the parties and Borrower has had the opportunity to confer with its legal counsel with respect hereto.

1.5.

Borrower is solvent and able to meet and pay its obligations as they mature. Borrower agrees that if any of them makes application for or seeks relief or protection under any provision of the United States Bankruptcy Code (the "Code"), or if any involuntary petition is filed against any of them under any provision of the Code, Lender shall thereupon be entitled, subject to court approval, to immediate relief from any automatic stay imposed by Section 362 of the Code, or otherwise, on or against the exercise of the rights and remedies otherwise available to Lender as provided herein or in the Promissory Note or otherwise provided at law or in equity.

2.

Ratification of Promissory Note. Borrower hereby agrees that (i) the terms, conditions and provisions of the Promissory Note remain unmodified and in full force and effect except as expressly set forth herein, and (ii) the terms, conditions and provisions of the Promissory Note are hereby ratified, affirmed and confirmed.

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3.

Governing Law. This Agreement shall be governed by, and construed and enforced in accordance with, the laws of the State of Nevada without giving effect to its conflicts of law principles. Borrower hereby irrevocably submit to the non-exclusive jurisdiction of any Nevada State or United States Federal Court sitting in Clark County over any action or proceeding arising out of or relating to this Agreement or any of the Promissory Note, and Borrower hereby irrevocably agrees that all claims in respect of such action or proceeding may be heard and determined in such Nevada State or Federal Court. Borrower irrevocably consents to the service of any and all process in any such action or proceeding by the serving of copies of such process to the Borrower at its address specified in the Promissory Note. Borrower agree that a final judgment in any such action or proceeding shall be conclusive and may be enforced in other jurisdictions by suit on the judgment or in any other manner provided by law. Borrower further waives any objection to venue in such state and any objection to an action or proceeding in such state on the basis of forum non-conveniens. Borrower further agrees that any action or proceeding brought against the Lender shall be brought only in Nevada State or United States Federal Court sitting in Clark County. BORROWER WAIVES ANY RIGHT IT MAY HAVE TO JURY TRIAL.

4.

Successors and Assigns. Each and every one of the terms, conditions and provisions of this Agreement shall be binding upon and shall inure to the benefit of the parties hereto and their respective heirs, successors, personal representatives and assigns.

5.

Counterparts. This Agreement may be executed in any number of counterparts, each of which, when taken together, shall together constitute one and the same instrument.

6.

Illegality. If any term, covenant or condition of this Agreement is held to be invalid, illegal or unenforceable in any respect, this Agreement shall be construed without such provision.

7.

Further Assurances. Borrower hereby covenants and agrees to execute and deliver, or cause to be executed and delivered, to Lender all other instruments, certificates, agreements, consents and other writings and to provide such other acts and assurances, as Lender may reasonably require for the better and more effective carrying out the intent and purposes of this Agreement.

8.

No Further Obligation to Forbear, Amend or Modify. Borrower hereby acknowledges and agrees that Lender is entering into this Agreement as a courtesy to Borrower and without any obligation to do so and that Lender shall have no obligation to enter into any further forbearance agreements or any amendments or modifications of any of the Promissory Note.

[Signatures appear on the following pages]

5

IN WITNESS WHEREOF, this Agreement has been executed by the parties hereto as of the Effective Date.

BORROWER:

MOUNT KNOWLEDGE HOLDINGS, INC.

A Nevada Corporation

/s/ James D. Beatty

By:

_____________________________

Name:

James D. Beatty

Title:

President, Treasurer, Chief Executive

Officer and Chief Financial Officer

LENDER:

TAYLOR ACCOUNTING SERVICES

/s/ John Lukkarinen

By:

_____________________________

Name:

John Lukkarinen

Title:

CFO 

6CNSI - 1.31.2014 - Exhibit 10.18

Exhibit 10.18

Comverse, Inc.
2012 Stock Incentive Compensation Plan
DIRECTOR STOCK UNIT AWARD AGREEMENT
THIS DIRECTOR STOCK UNIT AWARD AGREEMENT (this “Award Agreement”) is made effective from and after the date of grant as specified in the Electronic Grant Acceptance Web Page (the “Date of Grant”) by and between Comverse, Inc., a Delaware corporation (with any successor, the “Company”), and the person to whom the Electronic Grant Acceptance Web Page (the “Notice of Grant”) is addressed (the “Participant”).
R E C I T A L S:
WHEREAS, the Company has adopted the Comverse, Inc. 2012 Stock Incentive Compensation Plan as amended from time to time (the “Plan”), which is incorporated herein by reference and made a part of this Award Agreement. Capitalized terms not otherwise defined herein shall have the same meanings as in the Plan; and
WHEREAS, the Committee has determined that it would be in the best interests of the Company and its stockholders to grant the restricted stock units provided for herein to the Participant pursuant to the Plan and the terms set forth herein, and the Board has approved such grant.
NOW THEREFORE, in consideration of the mutual covenants hereinafter set forth, the parties agree as follows:
1.Director Stock Unit Award. Subject to the terms and conditions of the Plan and this Award Agreement, the Company hereby grants to the Participant the number of Director Stock Units indicated in the Notice of Grant (the “DSUs”). Each DSU represents one notional Share.
2.Vesting of DSUs. Subject to the Participant’s Continuous Service through the applicable Vesting Date, the DSUs shall vest on the earliest to occur of the following: (a) the date set forth in the Notice of Grant; (b) the Participant’s death; (c) cessation of Participant’s Continuous Service due to Disability; or (d) a Change of Control of the Company (each, a “Vesting Date”). The DSUs, to the extent not then vested, shall be immediately forfeited by the Participant without consideration as of the date that the Participant’s Continuous Service ceases (the “Termination Date”).
3.Settlement of DSUs.
(a)DSUs shall be settled within sixty (60) days after the Vesting Date specified in Section 2, except as otherwise provided in a valid deferral election made by the Participant in accordance with Treasury Regulation Section 1.409A-2 in a manner acceptable to the Company. On the settlement date, the Company shall deliver to the Participant one or more certificates (or provide for book-entry) representing the number of Shares equal to the number of DSUs which are vested on or before such Termination Date, except as otherwise specified in Section 3(b) below. The Company shall not be liable to the Participant for damages relating to any delays in issuing certificates, any loss of certificates, or any mistakes or errors in issuance of the certificates or in the certificates themselves (or book entries, respectively, as the case may be).
(b)To assist the Participant in satisfying federal, state, local, or non-U.S. income tax obligations arising from the DSUs, the Company will allow the Participant to make a one-time irrevocable election no later than (60) days after the Date of Grant specified in the Notice of Grant, authorizing the Company to pay cash in lieu of Shares with respect to a percentage of the DSUs equal to the sum of (i) the federal tax rate for supplemental wages in effect under Section 1(i)(2) of the Code and (ii) any applicable state tax rate for supplemental wages (the sum of (i) and (ii) being hereinafter referred to as the “Tax Percentage”). The amount of cash paid in lieu of such Shares shall be equal to (I) the number of DSUs (rounded up to the nearest whole DSU) corresponding to the Tax Percentage, 

multiplied by (II) the per Share Fair Market Value. Any election to receive a portion of the DSUs paid in cash as specified in this Section 3(b), shall not be effective with respect to any Settlement Date that occurs within six (6) months after the later of the date of the election or the Date of Grant specified in the Notice of Grant.
4.No Right to Continued Service. The granting of the DSUs evidenced hereby and this Award Agreement shall impose no obligation on the Company, any Subsidiary or any Affiliate to continue the Continuous Service of the Participant and shall not lessen or affect any right that the Company, any Subsidiary or any Affiliate may have to terminate the Continuous Service of such Participant.
5.Rights as a Stockholder. The Participant shall have none of the rights of a shareholder of the Company (including, without limitation dividend rights) unless and until the DSUs are settled for Shares.
6.Data Protection. The Participant consents to the collection, processing, transmission and storage by the Company in any form whatsoever, of any data of a professional or personal nature which is necessary for the purposes of introducing and administering the Plan. The Company may share such information with any Subsidiary or Affiliate, the trustee of any employee benefit trust, its registrars, trustees, brokers, other third party administrator or any Person who obtains control of the Company or acquires the Company, undertaking or part-undertaking which retains the Participant, wherever situated.
7.Securities Laws/Legend on Certificates. The issuance and delivery of Shares shall comply with all applicable requirements of law, including (without limitation) the Securities Act of 1933, as amended, the rules and regulations promulgated thereunder, state securities laws and regulations, and the regulations of any stock exchange or other securities market on which the Company’s securities may then be traded. If the Company deems it necessary to ensure that the issuance of securities under the Plan is not required to be registered under any applicable securities laws, the Participant shall deliver to the Company an agreement or certificate containing such representations, warranties and covenants as the Company may deem necessary, which satisfies such requirements. Any certificates representing the Shares shall be subject to such stop transfer orders and other restrictions as the Committee may deem reasonably advisable, and the Committee may cause a legend or legends to be put on any such certificates to make appropriate reference to such restrictions.
8.Transferability. The DSUs may not be assigned, alienated, pledged, attached, sold, transferred or encumbered by the Participant except in the event of the Participant’s death (subject to the applicable laws of descent and distribution) and any such purported assignment, alienation, pledge, attachment, sale, transfer or encumbrance shall be void and unenforceable against the Company or any Subsidiary or Affiliate; provided that the designation of a beneficiary shall not constitute an assignment, alienation, pledge, attachment, sale, transfer or encumbrance. No transfer shall be permitted for value or consideration. Any permitted transfer of the DSUs to heirs or legatees of the Participant shall not be effective to bind the Company unless the Committee shall have been furnished with written notice thereof and a copy of such evidence as the Committee may deem necessary to establish the validity of the transfer and the acceptance by the transferee or transferees of the terms and conditions hereof.
9.Adjustment of DSUs. Adjustments to the DSUs shall be made in accordance with the terms of the Plan.
10.Notices. Any notification required by the terms of this Award Agreement shall be given in writing and shall be deemed effective upon personal delivery or within three (3) days of deposit with the United States Postal Service, by registered or certified mail, with postage and fees prepaid. A notice shall be addressed to the Company, Attention: Secretary, at its principal executive office and to the Participant at the address that he or she most recently provided to the Company.
11.Entire Agreement. The Award Agreement, the Notice of Grant, and the Plan constitute the entire contract between the parties hereto with regard to the subject matter hereof. They supersede any other agreements, representations or understandings (whether oral or written and whether express or implied) which relate to the subject matter hereof. 
12.Waiver. No waiver of any breach or condition of this Award Agreement shall be deemed to be a waiver of any other or subsequent breach or condition whether of like or different nature.
13.Participant Undertaking. The Participant agrees to take whatever additional action and execute whatever additional documents the Company may deem necessary or advisable to carry out or effect one or more of the obligations or restrictions imposed on either the Participant or the DSUs pursuant to this Agreement.
14.Successors and Assigns. The provisions of this Award Agreement shall inure to the benefit of, and be binding upon, the Company and its successors and assigns and upon the Participant, the Participant’s assigns 

and the legal representatives, heirs and legatees of the Participant’s estate, whether or not any such person shall have become a party to this Award Agreement and agreed in writing to be joined herein and be bound by the terms hereof.
15.Choice of Law; Jurisdiction; Waiver of Jury Trial. This Award Agreement shall be governed by the laws of the State of Delaware, excluding any conflicts or choice of law rule or principle that might otherwise refer construction or interpretation of this Award Agreement to the substantive law of another jurisdiction.
SUBJECT TO THE TERMS OF THIS AWARD AGREEMENT, THE PARTIES AGREE THAT ANY AND ALL ACTIONS ARISING UNDER OR IN RESPECT OF THIS AWARD AGREEMENT SHALL BE LITIGATED IN THE FEDERAL OR STATE COURTS IN DELAWARE. BY EXECUTING AND DELIVERING THIS AWARD AGREEMENT, EACH PARTY IRREVOCABLY SUBMITS TO THE PERSONAL JURISDICTION OF SUCH COURTS FOR ITSELF, HIMSELF OR HERSELF AND IN RESPECT OF ITS, HIS OR HER PROPERTY WITH RESPECT TO SUCH ACTION. EACH PARTY AGREES THAT VENUE WOULD BE PROPER IN ANY OF SUCH COURTS, AND HEREBY WAIVES ANY OBJECTION THAT ANY SUCH COURT IS AN IMPROPER OR INCONVENIENT FORUM FOR THE RESOLUTION OF ANY SUCH ACTION. 
EACH OF THE PARTIES HERETO HEREBY IRREVOCABLY WAIVES ALL RIGHT TO TRIAL BY JURY IN ANY ACTION, PROCEEDING OR COUNTERCLAIM ARISING OUT OF OR RELATING TO THIS AWARD AGREEMENT.
16.DSUs Subject to Plan. By entering into this Award Agreement the Participant agrees and acknowledges that the Participant has received and read a copy of the Plan. The DSUs are subject to the Plan. The terms and provisions of the Plan as it may be amended from time to time are hereby incorporated herein by reference. In the event of a conflict between any term or provision contained herein and a term or provision of the Plan, the applicable terms and provisions of the Plan will govern and prevail. The Participant has had the opportunity to retain counsel, and has read carefully, and understands, the provisions of the Plan and this Award Agreement.
17.Amendment. The Committee may amend or alter this Award Agreement and the DSUs granted hereunder at any time, subject to the terms of the Plan.
18.Fractional Shares. Fractional shares shall not be issued and any rights thereto shall be forfeited without consideration.
19.Severability. The provisions of this Award Agreement are severable and if any one or more provisions are determined to be illegal or otherwise unenforceable, in whole or in part, the remaining provisions shall nevertheless be binding and enforceable.
20.Headings. Section and sub-section headings are for convenient reference only and shall not control or affect the meaning of construction of any of its provisions.
21.No Guarantees Regarding Tax Treatment.  Participants (or their beneficiaries) shall be responsible for all taxes with respect to the DSUs.  The Committee and the Company make no guarantees regarding the tax treatment of the DSUs.  Neither the Committee nor the Company has any obligation to take any action to prevent the assessment of any tax under Section 409A, Section 457A or otherwise and none of the Company, any Subsidiary or Affiliate, or any of their employees or representatives shall have any liability to the Participant (or their beneficiaries) with respect thereto.
22.Compliance with Section 409A. The Company intends that the DSUs be structured in compliance with, or to satisfy an exemption from, Section 409A, such that there are no adverse tax consequences, interest, or penalties under Section 409A as a result of the DSUs. In the event the DSUs are subject to Section 409A, the Committee may, in its sole discretion, take the actions described in Section 11.1 of the Plan. Notwithstanding any contrary provision in the Plan or this Award Agreement, any payment(s) of “nonqualified deferred compensation” (within the meaning of Section 409A) that are otherwise required to be made under this Award Agreement to a “specified employee” (as defined under Section 409A) as a result of his or her “separation from service” (as defined below) (other than a payment that is not subject to Section 409A) shall be delayed for the first six (6) months following such “separation from service” and shall instead be paid on the date that immediately follows the end of such six (6) month period (or, if earlier, within 10 business days following the date of death of the specified employee) or as soon as administratively practicable within 60 days thereafter, but in no event later than the end of the applicable taxable year. A termination of Continuous Service shall not be deemed to have occurred for purposes of any provision of the Award Agreement providing for the payment of any amounts or benefits that are considered 

nonqualified deferred compensation under Section 409A upon or following a termination of Continuous Service, unless such termination is also a “separation from service” within the meaning of Section 409A and the payment thereof prior to a “separation from service” would violate Section 409A. For purposes of any such provision of this Award Agreement relating to any such payments or benefits, references to a “termination,” “termination of Continuous Service” or like terms shall mean “separation from service.”
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