Document:

EXHIBIT
10.1

    

    LICENSING
AGREEMENT

    

    THIS
AGREEMENT (“Agreement”) is dated April 15, 2010 among Demand Pooling Global Services
LLC, a limited liability company, established pursuant to the laws of the
State of Delaware, having an address of 12720 Hillcrest Road, Suite 1045,
Dallas, TX  75230 ( “Licensor” or “DPGS”), and Accelerated Acquisitions V,
Inc., a company incorporated pursuant to the laws of the State of
Delaware, with an address of 122 Ocean Park Blvd. Suite 307, Santa Monica, CA
90405 (“Licensee”).

    

    WHEREAS:

    

    A. 
Except as provided herein, Licensor holds all rights, title and interest to a
certain invention  entitled “DPGS Technology” as further described in
Schedule "A" attached hereto (“Technology”);

    

    B. 
Licensor wishes to enter into a formal licensing agreement with Licensee on the
terms set forth below;

    

    THIS AGREEMENT WITNESSES THAT
in consideration of US$10.00 (the receipt and sufficiency of which is hereby
acknowledged), the parties agree as follows:

    

    ARTICLE
1

    

    INTERPRETATION

    

    1 .1 Construction and
Interpretation. In this Agreement, unless inconsistent with or
excluded by the context:

    

    
      
        	 	
                (a) 

              	
                Any
      heading, index, table of contents or marginal note used in this Agreement
      is for convenience only and will not limit or affect the interpretation or
      construction of this
Agreement;

              

      

    

     

    
      	 	
              
                (b) 

              

            	
              
                Singular
      words will include the plural and plural words will include the
      singular;

              

            

    

     

    
      	 	
              
                (c)

              

            	
              
                A
      reference to a person will include a company or other corporation and a
      reference to a company or other corporation will include a
      person;

              

            

    

     

    
      	 	
              
                (d) 

              

            	
              
                A
      word importing a particular gender will include each other gender;
      and

              

            

    

     

    
      
        	 	
                (e) 

              	
                A
      reference to a party to this Agreement includes that party's heirs,
      executors, administrators, successors and permitted
    assigns.

              

      

    

    

    
      	
              1.2

            	
              Definitions. In this
      Agreement, unless inconsistent with or excluded by the
      context:

            

    

    

    
      
        	 	
                (a) 

              	
                “Affiliate”
      means, with respect to any entity, any other entity which directly or
      indirectly controls or is controlled by or is under direct or indirect
      common control with such first mentioned
entity;

              

      

    

    

    (c)      “Improvements”
means all improvements to the Technology developed within or by
Licensee;

    
 

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    (d)      “Intellectual
Property” includes the Technology and any intellectual property relating to the
Technology, including any patent, patent application, copyright, industrial
design, trademark, any rights to patent, copyright, industrial design or
trademark in any country, engineering designs, concepts, models, trade secrets,
know-how and show how, and includes any new technology or the products as may
hereafter be developed or acquired by Licensee or any of its
subsidiaries;

    

    (e)      “License”
means an exclusive (North American) and non-exclusive International (outside
North America), non-transferable, license (with a limited right of sublicense)
to allow Licensee to install, use and apply the Technology and conduct its
business in the Territory;

    

    
      	
               
      

            	
              (f)

            	
              “Licensed
      Products” means products which, in the absence of the License, would
      infringe the Licensor’s intellectual property rights in the
      Technology;

            

    

    

    
      	
               
      

            	
              (g)

            	
              “Original
      Invention” means a certain invention entitled “DPGS Technology” as further
      described in Schedule "A" attached
hereto;

            

    

    

    
      	
               
      

            	
              (h)

            	
              “Technology”
      means certain technology known as “DPGS Technology” and includes the
      Original Invention, any improvements thereof and any Internet platform
      which embodies the DPGS Technology and any improvements thereof or
      thereto;

            

    

    

    
      	
               
      

            	
              (i)

            	
              “Territory”
      means North American (exclusive) and non-exclusive International (outside
      North America); and

            

    

    

    
      	
               
      

            	
              (j)

            	
              “Trade-Mark”
      means and trade-mark or trade-name as may be adopted for use on the
      Licensed Products from time to
time.

            

    

    

    1.3 Variation of Agreement. Any
variation or modification or waiver of the terms or conditions of this Agreement
must be in writing, duly executed by Licensor and Licensee,
respectively.

    

    1.4 Severance. Each word, phrase,
sentence, paragraph and section of this Agreement is severable and if a court in
any jurisdiction determines that any such provision is unenforceable, illegal or
void in that jurisdiction the court may sever that provision which becomes
inoperative and such severance will not affect the operation of any other
provisions of this Agreement nor the operation of that provision in any other
jurisdiction.

    

    1.5 Waiver. The failure of either
party hereto at any time to enforce any provision of this Agreement will not
affect its rights thereafter to require complete performance by the other party,
nor will the waiver of any breach of any provision be taken or held to be a
waiver of any subsequent breach of any such provision or be a waiver of the
provision itself. In order for any waiver to be effective, it must be in writing
and signed by an authorized officer of the party.

    

    1.6 Law. This Agreement will be
governed by, and construed in accordance with, the laws of the State of
Delaware, and both parties agree to submit to the exclusive jurisdiction of the
courts of the State of Delaware.

     

    ARTICLE
2

    

    LICENSE

    

    
      	
              2.1

            	
              Grant
      of License:

            

    

     

    (a) 
Licensor hereby grants to Licensee a license for use in the Territory, with a
limited right of sublicense, as set forth in Section 2.1(e) below, to allow the
Licensee to use the Intellectual Property to install, use, and apply the
Technology in the course of Licensee’s business, which, in the absence of the
License, would infringe Licensor’s intellectual property;

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    (b) Except
for the rights granted pursuant to the License, Licensor shall retain all
rights, title and interest to the Technology;

    

    (c) Licensee
shall be responsible for all of the testing and improvements to the
Technology;

    

    (d) 
Licensor shall retain all rights to the Improvements, but such Improvements
shall also be a part of the License;

    

    (e) Licensee
shall have the right to offer limited royalty-bearing sublicenses to third
parties where such third parties are in a position to commercialize the
Technology in ways that Licensee cannot accomplish in a competitive manner.
 Licensee shall pay Licensor twenty-five percent (25.0%) of all royalties
and fees received from such third parties. If Licensee receives any non-cash
consideration as part of the sublicense consideration (including equity in
sublicensee or other entities), Licensor shall have the option to take its
portion of the sublicense consideration in kind or in cash based on the fair
market value of the non-cash consideration as of the date of receipt by Licensee
wherein the fair market value as determined by Licensee’s independent accounting
advisors shall equal the cash consideration an unaffiliated, unrelated buyer
would pay in an arm’s length sale of a substantially identical item sold in the
same quantity, under the same terms, and at the same time and place. Such right
to sublicense is subject to the following conditions:

    

    
      
        	
              	
                (i) 

              	
                In
      each sublicense agreement, the sublicensee will be subject to the
      terms   and conditions of the license granted to Licensee
      under this Agreement, and the sublicensee will be prohibited from either
      assigning its sublicense or granting further sublicenses, without first
      obtaining approval from Licensor; provided, however, that in the event
      that such further sublicense is approved, any fee or other consideration
      paid to sublicensee in consideration of such sub-sublicense will be
      treated as sublicense consideration as if the sub-sublicensee were a
      sublicensee. Nevertheless, Licensee may set royalty or other payments at
      its discretion for its sublicensees, as long as the applicable royalties
      or other payments of its sublicensees are not more favorable to the
      sublicensee than the corresponding terms of this
  Agreement.

              

      

    

     

    
      
        	
              	
                (ii) 

              	
                Licensee
      will forward to Licensor, within thirty (30) days following its execution,
      a fully executed, complete, and accurate copy written in the English
      language of each sublicense agreement granted under this Agreement.
      Licensor’s receipt of such sublicense agreement will not constitute a
      waiver of any of Licensor’s rights or Licensee’s obligations under the
      Agreement.

              

      

    

    

    
      
        	
              	
                (iii) 

              	
                Notwithstanding
      any such sublicense agreement, Licensee will remain primarily liable to
      Licensor for all of Licensee’s duties and obligations contained in the
      Agreement, and any act or omission of a sublicensee that would be a breach
      of the Agreement if performed by Licensee will be deemed to be a breach by
      Licensee of the Agreement. Each sublicense agreement will contain a right
      of termination by Licensee in the event that the sublicensee breaches the
      payment obligations affecting Licensor or any other material terms and
      conditions of the sublicense agreement that would constitute a breach of
      the terms and conditions of the Agreement if such acts were performed by
      Licensee. In the event of such sublicensee breach, and if after a
      reasonable opportunity to cure as provided in any such sublicense
      agreement, such sublicensee fails to cure such sublicensee breach, then
      Licensee will terminate the sublicense agreement unless Licensor agrees in
      writing that such sublicense agreement need not be
    terminated.

              

      

       

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

         

      

    

    
      
        	 	
                (iv) 

              	
                Upon
      termination of the Agreement for any reason, all sublicense agreements
      will, at Licensor’s option, be (i) assigned to and assumed by Licensor, or
      (ii) terminated.

              

      

    

    

    (f)  
Licensee shall pay Licensor a royalty of ten percent (10.00%) of all gross
revenues resulting from the use of the Technology by Licensee, except as
otherwise modified in writing.

    

    2.2 Exclusive Rights. The rights
of Licensee to the License in accordance with Section

    
      2.1 will
be sole and exclusive North America and non-exclusive Internationally (outside
North America), and Licensor will not directly or indirectly compete with
Licensee, nor license, authorize or permit any third party to compete with
Licensee with respect to the use of the Technology within the exclusive
Territory.

    

    

    2.3 Assignment of Rights. Licensor
and Licensee acknowledge that the respective rights and obligations pursuant to
this Agreement are personal to the parties and that Licensee, except in the
event of the acquisition of Licensee, by any means, or the sale or merger of
substantially all of Licensee’s assets to or with a third party, will not assign
this Agreement or assign or delegate any or all rights, duties, or obligations
under this Agreement without the prior consent in writing of Licensor, which
consent Licensor may not withhold unreasonably.  If Licensor consents to
such assignment or delegation, Licensee will remain jointly and severally liable
with the assignee or delegate for the obligations of Licensor under this
Agreement.  Subject to the limitations hereinbefore expressed, this
Agreement will inure to the benefit of and be binding upon the parties and their
respective successors and assigns.

    

    2.4 Reorganization of Rights.
Licensor may choose to reorganize its worldwide licensing strategy, including
delegation of certain commercialization rights to a separate entity within the
exclusive Territory, with the prior written consent of Licensee, which may not
be unreasonably withheld, provided that the full beneficial terms to Licensee
embodied in the Agreement shall not be diminished due to such
actions.

    

    2.5 Effect of Assignment. Unless
otherwise agreed upon between the parties, no assignment of this Agreement, the
benefit of this Agreement or any rights, licenses or authorities pursuant to
this Agreement will relieve the assigning party from any liability under this
Agreement, whether absolute, contingent, due or accruing, which exists as of the
date of assignment.

    

    2.6  No Sublicense. Except
pursuant to Section 2.1(e), Licensee will not sublicense the benefit of this
Agreement or any rights, licenses or authorities pursuant to this Agreement and
any attempted violation of this section, whether voluntarily or by operation of
law, will be void and of no force and effect.

    

    2.7 Confidential Information.
Licensee acknowledges that its entire knowledge of the Technology and the
business of Licensor, including, without limitation, the contents of any
Documents (defined as all drawings, specifications, blueprints, programs and
other material in electronic form or otherwise relating in any manner to the
Intellectual Property or the Technology) and periodic updates or revisions, in
effect from time to time and the designs, plans, prototypes, specifications,
standards and operating procedures for the Technology, will be derived from
information disclosed to Licensee by Licensor in confidence and that the
Documents and such other information are confidential information and/or trade
secrets of the Licensor (all of which is herein collectively called the
"Licensor Confidential Information") except where such information is in the
public domain or is information describing generally accepted business,
engineering or manufacturing practices. Accordingly, Licensee agrees that it
will maintain the absolute confidentiality of the Intellectual Property, the
Documents and such other information, both during and after the term of this
Agreement, disclosing same to other employees of Licensee only to the extent
necessary for compliance with this Agreement.

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    All
Licensor Confidential Information obtained by Licensee shall be considered
confidential and will not be disclosed by Licensee to any person without the
prior written consent of Licensor. Licensor will provide reasonable
confidentiality agreements in the form attached hereto as Schedule C to be
signed by Licensee and all employees or sub-contractors of Licensee to whom any
Licensor Confidential Information will be disclosed, and Licensee will provide
or obtain signatures of such confidentiality agreements as the case may
be.

      

    During
the course of its relationship with Licensor, Licensee or its subsidiaries or
associates or their employees, agents or consultants may disclose certain
proprietary or confidential information to Licensor or its subsidiaries or
associates or their employees, agents or consultants. The proprietary or
confidential information may be oral or written, may be of a technical or
commercial nature, may take the form of plans, drawings, processes, formulae,
schedules, reports, projections, analyses, programs, prints, recordings, lists
or other compilations of information, and may relate to Licensee, its vendors,
employees, stockholders or customers. All of such proprietary information and
confidential information is herein collectively called the “Licensee
Confidential Information”.

    

    Any
Licensee Confidential Information obtained by Licensor will be considered
confidential and will not be disclosed by Licensor to any person without the
prior written consent of Licensee. Licensee agrees that the Licensor
Confidential Information, and all rights to the Licensor Confidential
Information, which has been or will be disclosed to Licensee, as well any
improvement or technology using, relating to or incorporating the Licensor
Confidential Information shall remain the exclusive property of Licensor, and
shall be held in trust for the benefit of Licensor.  Licensee agrees that
it will not, directly or indirectly, deal with, use, or exploit the Licensor
Confidential Information without Licensor's prior written consent. With regard
to any improvement or new technology using, relating to or incorporating the
Licensor Confidential Information, Licensee agrees to assign to Licensor all
right, title and interest in such improvements or technology, any copyright,
trademark, industrial design, patent applications and copyrights, trademarks,
industrial designs, patents granted thereto, the sole right to file such
applications and Licensee agrees to assist Licensor in obtaining reissues,
divisions, renewals or extensions of any such applications and to do any act
required to aid Licensor in obtaining and enforcing proper intellectual property
protection.

    

    The
foregoing restrictions do not apply to information which:

    

    (a) at
the time of disclosure was in the public domain as evidenced by a printed
publication or otherwise;

    (b) after
disclosure becomes part of the public domain by publication or otherwise, other
than by action of the disclosing party;

    (c) was
in the possession of the disclosing party at the time of disclosure by the
disclosing party and was not acquired, directly or indirectly, from the
non-disclosing party; or

    (d) the
disclosing party rightfully receives from an independent third party who did not
receive such information, directly or indirectly, from the other party with
limitation or restriction on its use.

     

    The
obligations contained in this Article will continue notwithstanding the
termination of this Agreement or any confidentiality agreements.

     

    The
products or proceeds of the services performed by Licensee under this Agreement
including, but not limited to, documents, written materials, programs,
documentation, designs, discs and tapes shall be and remain the property of
Licensor and Licensee shall be able to use such written materials, programs,
documentation, designs, discs and tapes for the purposes of carrying out its
obligations under this Agreement while the Agreement is in effect.

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    Licensee
will, however, notify Licensor immediately of any alleged, possible, or
suspected infringement, passing off, or challenge to the use of any of the
Intellectual Property or claim by any person to any rights in any similar
trademarks or names of which Licensee is or becomes aware. Licensor agrees to
execute any and all instruments and documents, render such assistance and do
such acts and things as may be, in the opinion of Licensee, acting reasonably,
necessary or advisable to protect and maintain the interests of Licensor in any
such litigation or proceedings or to otherwise protect and maintain the interest
of Licensor in the Intellectual Property.

     

    Licensee
will have the right, but not the obligation, to prosecute infringement of any of
the intellectual property related to the Technology at its own expense. Licensee
will not settle or compromise any such suit in a manner that imposes any
obligations or restrictions on Licensor or grants any rights to any intellectual
property of the Technology, without Licensor’s prior written consent. At the
time of filing any infringement enforcement action against a third party,
Licensor and Licensee will determine how any damages awarded will be distributed
between Licensor and Licensee; provided, however, that in no event will
Licensor’s distribution be less than an amount that would have been due to
Licensor as sublicense fees as if the litigation recovery had been sublicense
consideration. In such a situation Licensee will recoup 100% of its entire
litigation expenses first before any calculation is made with regard to the
division of damages awarded. In the event that Licensee is not successful in
winning a litigation case, Licensee may deduct from future royalty and
sublicense fees fifty percent of such litigation costs.

    

    2.8 No Agency or Joint Venture.
Nothing in this Agreement constitutes or deems the parties to be engaged in a
partnership or joint venture in relation to the distribution or marketing of the
Products, nor to create the relationship of principal and agent or master and
servant between the parties, or any other form of legal association which would
impose liability upon one party for any act or failure to act by the other
party.

    

    2.9 Term. The term ("Term") of
this Agreement and of the rights, authorities and licenses granted to the
Licensee pursuant to this Agreement for (i) the Technology, (ii) any
improvements of or to the Technology, or (iii) any Internet platform which
embodies the Technology or such improvements shall commence upon execution of
this Agreement and continue for a term of twenty (20) years, ending on the
twentieth anniversary of the date of execution hereof, provided that the
Licensee is not in breach or default of any of the terms or conditions contained
in this Agreement.

    

    2.10 Renewal. Subject to written
mutual agreement between Licensor and Licensee, this Agreement may be
renewed.

    

    
      ARTICLE
3

    

    

    
      RESEARCH,
DEVELOPMENT AND COMMERCIALIZATION

      FUNDING
REQUIREMENTS

    

    

    3.1 Effective Dates. The
License shall become effective upon execution hereof (“Execution Date”) and
continue until the end of the Term provided Licensee has generated revenues net
of expenses incurred in the normal course of operations, or has funded, a
minimum of US$10,000,000 for "qualifying research, development and
commercialization expenses" in accordance with the following
schedule:

    

     (a)                 a
minimum of US$1,000,000 during the period commencing upon the Execution Date and
ending on the first anniversary of the Execution Date; or

    

    
      	
               
      

            	
              (b)

            	
              a
      minimum of US$4,000,000 during the period commencing upon the Execution
      Date and ending on the second anniversary of the Execution Date;
      or

            

    

    

    
      	
               
      

            	
              (c)

            	
              a
      minimum of US$10,000,000 during the period commencing upon the Execution
      Date and ending on the third anniversary of the Execution
      Date.

            

    

    

    It is
understood and agreed that any funding in excess of the minimum funding
requirement for a particular period shall be automatically credited against the
minimum funding requirement for the following funding period.  For clarity,
"qualifying research, development and commercialization expenses" shall be those
expenses that have been pre-approved by the parties hereof as contributing to
the research, development and commercialization of the Technology, improvements
and platform embodying the Technology and improvements thereof as mutually
agreed upon by the parties to this Agreement.

    
    

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    Research,
development and commercialization funding may be expanded under terms and
conditions mutually agreed between the parties.

    

    ARTICLE
4

    

    LICENSEE’S
COMMERCIALIZATION OBLIGATIONS

    

    
      	
              4.1

            	
              Responsibilities. Licensee
      shall perform as follows:

            

    

    

    (a)    Licensee
shall fund payments immediately as they become due for:

    

    
      	
               
      

            	
              (i)

            	
              reasonable
      relocation and resettlement costs of a Licensor platform advisor and other
      necessary personnel agreed upon between the two parties, to the testing
      and development locale including the acquisition and transport of
      prototype materials and required documents or
  plans;

            

    

    

    (ii)
        legal expenses to a patent
attorney firm, mutually agreed upon among the parties, who will provide
necessary assistance in due diligence for the patentability of the
technology;

    

    (iii)        funding
the ongoing research, development and commercialization of the Technology and
the research, development and commercialization of devices using the
Technology;

    

    All of
the above expenditures shall be credited to the funding requirements set out in
Article 3 and are to be considered immediately available upon need.

    

    (b)         
       Provide assistance to the Licensor
with the procurement of patent protection, including cooperating in registered
user application of such other applications or filings as are required to effect
necessary patent protection with respect to the Technology. Licensee shall pay
patent costs and expenses related to United States and foreign filings,
including patent filing, translation, search, prosecution and maintenance costs
and fees. Licensee will be billed and will pay directly to patent counsel all
documented costs and fees and other charges incident to the preparation,
prosecution, and maintenance of any patents, copyrights or trademarks related to
the Technology within thirty (30) days after receipt of invoice.  Licensee at
its option may register this Agreement with any patent office having
jurisdiction.  Licensor will work closely with Licensee to develop a suitable
strategy for the prosecution and maintenance of all patents, industrial design,
trademarks and copyrights. It is intended that Licensee may interact directly
with the selected patent counsel in all phases of patent prosecution, such as
preparation, office action responses, filing strategies for continuation or
divisional applications, and other related activities. Licensor will provide
copies of all documents prepared by the selected patent counsel to Licensee for
review and comment prior to filing, to the extent practicable under the
circumstances.  Licensor will maintain final authority in all decisions
regarding the prosecution and maintenance of any patent, industrial design,
trademark or copyright applications. All new patent applications and patents
will be in the name of Licensee and owned by Licensee.

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    (c)                 Licensee
will use diligent and commercially reasonable efforts to
actively   commercialize the Technology.  “Actively
commercialize” means having a commercially effective, reasonably funded ongoing
and active research, development, manufacturing, marketing and/or sales program
directed toward obtaining regulatory approval, production and/or sales of
products embodying the Technology in applicable markets.

    

    (d)                 All
payments to Licensor will be made in United States dollars by check payable to
the name of Licensor and sent to:

    

    Demand
Pooling Global Services LLC

    12720
Hillcrest Road  Suite 1045

    Dallas,
TX  75230

    

    All
payments shall be subject to applicable withholding taxes, if any.

    

    (e) Licensee
will maintain, and cause its sublicensees to maintain, complete and accurate
books and records that enable all royalties payable under the Agreement to be
verified. The records for each calendar quarter will be maintained for three (3)
years after the submission of each quarterly activity report of Licensor. Each
quarterly activity report shall be delivered to Licensor within forty-five (45)
days after March 31, June 30, September 30, and December 31, beginning
immediately after May 1, 2010 and detail the gross sales revenues for the fiscal
quarters ending on the foregoing dates, which report shall be certified by the
chief financial officer or similar officer of Licensee even if no payments are
due Licensor, giving the particulars of the business conducted by Licensee its
sublicensee. In addition, Licensor shall have the right, on an annual basis to
request and receive technical information from Licensee sufficient to
evidence whether and to what extent Licensee is practicing the claims of the
Licensed Patents. Licensor shall have the right to make an enquiry in regard of
such reports within 30 days following the receipt of such report and upon the
expiry of 30 calendar days from the receipt of such report or 10 calendar days
from the receipt of the explanation of any enquiry, such report or explanation
shall be deemed to be acceptable and final.

    

     (f) Upon
prior notice to Licensee and its sublicensees, and at Licensor’s expense,
Licensor or its representatives or its appointed accountants will have access to
such books and records relating to gross sales as necessary to conduct a review
or audit of gross sales and verify all royalty reports submitted and royalty
payments. Such access will be available to Licensor upon not less than ten (10)
days’ written notice to Licensee and its sublicensees, not more than once each
calendar year of the Term, during normal business hours, and once a year for
three years after the expiration or termination of the Agreement. If an audit of
Licensee’s records indicates that Licensee has underpaid royalties by more than
(i) three percent (3%), or (ii) five thousand dollars ($5,000), whichever is
greater, for the records so audited, Licensee will pay the reasonable costs and
expenses incurred by Licensor and its representatives and accountants, if any,
in connection with the review or audit, and Licensee will immediately remit such
royalties and any accrued interest to Licensor. Further, whenever Licensee and
its sublicensees has its books and records audited by an independent certified
public accountant, Licensee and its sublicensees will, within thirty (30) days
of the conclusion of such audit, provide Licensor with a written statement,
certified by said auditor, setting forth the calculation of royalties due to
Licensor over the time period audited as determined from the books and records
of Licensee.

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    ARTICLE
5

    

    PROTECTION
OF THE LICENSOR’S

    INTELLECTUAL
PROPERTY

    

    5.1  Licensee hereby
acknowledges Licensor’s right, title and interest in the Intellectual Property
relating to the Technology.

    

    5.2  Licensee hereby
acknowledges that all right, title, interest and goodwill relating to the
Intellectual Property inure to Licensor.

    

    5.3 Licensee hereby
acknowledges that any rights subsequently acquired with respect to Licensor’s
Intellectual Property or similar property is assigned to Licensor.

    

    5.4  Licensee undertakes
not to contest the validity of Licensor’s rights in the Intellectual
Property.

    

    5.5  Licensee agrees to
take no actions which might impair or interfere with Licensor’s rights in the
Intellectual Property.

    

    5.6  Licensee agrees not
to seek, independently of Licensor, any trade mark, copyright, patent, or
industrial design registrations anywhere in connection with the Intellectual
Property or similar property.

    

    5.7  Licensee agrees not
to adopt or use any property similar to the Intellectual Property during the
Term of this Agreement and thereafter.

    

    5.8  Licensee shall not
associate or commingle the Intellectual Property with other intellectual
property without the Licensor’s prior consent.

    

    5.9   Licensee
agrees not to use the Intellectual Property in an unauthorized manner and, in
particular, not to use it in Licensee’s name or as a name or part of a name of
any other corporate legal entity, except that Licensee, may elect to use the
company name or part of the company name of Licensor in Licensee’s name, with
the prior written consent of Licensor, which consent will not be unreasonably
withheld.

    

    5.10  Licensee
acknowledges that the grant of License is subject to the terms of this
Agreement, and a breach of this Agreement constitutes an infringement of the
Licensor’s Intellectual Property.

    

    5.11  Licensee agrees to
affix notices indicating Licensor's ownership of Licensor's Intellectual
Property on licensed products and all packaging, advertising, promotional and
other materials bearing Licensor's Intellectual Property in such form as is
requested by Licensor.

    

    5.12  Licensee hereby
acknowledges the uniqueness of the Intellectual Property, and the difficulty of
assessing damages from the unauthorized use of the Intellectual Property and the
propriety of injunctive relief.

    

    5.13  Licensor represents
and warrants to Licensee that it is the sole owner of the Intellectual Property
and the Technology, that such Intellectual Property and Technology do not
infringe on the intellectual property of any other person, and that all
registrations with respect thereof are in good standing, valid and enforceable,
and with support from Licensor, Licensee will, at its sole expense, take all
reasonable steps to secure and protect the Intellectual Property and the
Technology, including without limitation the defense of any claims against
Licensee in relation to the Intellectual Property and the Technology, in
accordance with agreement.

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    5.14  Licensee and
Licensor shall cooperatively use their commercially reasonable efforts to
achieve procurement of trade mark, copyright and industrial design protection
with respect to the Intellectual Property, as applicable, including cooperating
in registered user application of such other applications or filings as are
required to effect necessary trade mark, copyright, patent and industrial design
protection at Licensee’s expense.

      

    
      5.15 Licensee and
Licensor shall immediately notify each other of all unauthorized uses,
infringements, imitations and any other claims against the interests of Licensor
and Licensee and assist each other in the enforcement of trade-mark, copyright,
patent and industrial design protection relating to the Intellectual
Property.

    

    

    5.16  Each of
Licensor and Licensee shall have the right, but not the obligation, to decide
whether to take action against infringements and imitations or defend against
any action with respect to the Intellectual Property, and Licensee shall
cooperate in any such action or defense.

    

    5.17  Licensor
represents and warrants that it has the right to grant the License to Licensee
in accordance with the terms of this Agreement.

    

    5.18  Licensor
represents and warrants that entering into this Agreement does not violate any
rights or obligations existing between Licensor and any other
entity.

    

    5.19  Licensee and
Licensor shall be required to use industry standard non-disclosure agreements or
mutually acceptable non-disclosure agreements when dealing with third parties in
order to safeguard and protect Intellectual Property.

    

    ARTICLE
6

    

    LICENSOR'S
OBLIGATIONS

    

    6.1 Licensor's Indemnity. Licensor
will indemnify and save Licensee harmless from and against any and all
reasonably foreseeable claims, causes of action, damages, awards, actions,
suits, proceedings, demands, assessments, judgments, as well as any and all
costs and legal and other expenses incidental to the foregoing, arising out
of:

    

    
      	
               
      

            	
              (a)

            	
              Any
      act, default or breach on the part of Licensor or its officers, employees,
      servants, agents and representatives under the terms of this Agreement;
      and

            

    

    

           (b) 
Any claims of intellectual property infringement arising out of the
commercialization of the Technology to the extent that the potential for such
specific claims were actually known by the Licensor or should have been known
and were not disclosed to Licensee; or to the extent expressly waived by
Licensee in writing if such claims were disclosed to Licensee.

    

    6.2  Compliance with Laws. Licensee
will at all times during the Term fully comply with all laws, bylaws,
regulations of any competent authority that affect or are likely to affect the
due performance and observance of Licensee's obligations in this Agreement in
the sale, distribution and use of the Licensed Products.

    

    ARTICLE
7

    

    INTELLECTUAL
PROPERTY

    

    7.1 Ownership of Intellectual
Property. Based on Licensor's representation and warranty provided in
Section 10.1 as well as any future technology patents being granted, Licensee
acknowledges that Licensor is the sole and beneficial proprietor of the
Intellectual Property.

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    7.2 Use of Name. Use of name or
other proprietary trade dress of Licensor or any of its subsidiaries by Licensee
shall be subject to the prior written approval of Licensor or any of its
subsidiaries.

    

    7.3 No Copies. Except in
furtherance of the research, development and commercialization of the
Technology, Licensee shall not, and shall not authorize any sublicensee or
third part to, copy, reverse engineer, decompile, disassemble, reconstruct,
decrypt, modify, update, enhance, supplement, translate or adapt the Licensed
Products and shall take all reasonable precautions so as not to allow other
parties to do so.

    

    7.4 Improvements. Any improvements
to any Licensed Product or future products, regardless of the source, are the
property of Licensor or any of its subsidiaries unless otherwise agreed in
writing, and shall be communicated promptly to Licensor or any of its
subsidiaries and will be licensed to Licensee for the Term of this Agreement as
set forth in Section 2.9 hereof.

    

    ARTICLE
8

    

    REPRESENTATIONS,
WARRANTIES AND COVENANTS

    

    8.1  Licensor represents and
warrants to Licensee that it is the sole owner of the Intellectual Property,
that such Intellectual Property does not infringe on the Intellectual Property
of any other person and at Licensee's expense, Licensee together with the
cooperation of Licensor shall take all reasonable steps to secure and protect
the Intellectual Property and the Technology, including without limitation the
defense of any claims against the Licensee in relation to the Intellectual
Property and the Technology.

    

    8.2  To the
knowledge of Licensor, there are no claims of any nature or description related
to the Intellectual Property and all registrations with respect to the
Intellectual Property are in good standing and are valid and
enforceable.

    

    8.3  Licensor agrees
to use its best efforts to obtain all required patent and industrial design
protection for the Intellectual Property not previously obtained.

    

    8.4  Licensor will agree
to maintain its intellectual property rights in the Technology free and clear of
all liens and encumbrances and that no lien, encumbrance, mortgage or debt
instrument of any kind, nature or description shall be incurred without the
prior written consent of Licensee;

    

    8.5 To the extent it
shall not adversely affect the attorney-client relationship, Licensor shall
ensure that any retention arrangement with any patent agent shall provide that
Licensee shall at all times be copied on any correspondence with any patent
office and that Licensee shall have free and unfettered access to the working
files of such patent agent and may make such enquiries with the patent agent as
is necessary for the maintenance of its continuous disclosure record with its
shareholders and the making of any decision by Licensee for any payments
hereunder;

    

    8.6  Licensor represents
and warrants that it has the right to grant the License pursuant to the terms of
this Agreement and that entering into this Agreement does not violate any rights
or existing obligations between Licensor and any other entity.

    

    8.7  Licensor represents
and warrants that it is a limited liability company in good standing under the
laws of the State of Delaware and has full authority to enter into this
Agreement without any breach of its governing documents or any applicable
law.

    

    8.8  Licensee represents
and warrants that it is a corporation in good standing under the laws of the
State of Delaware and has full authority to enter into this Agreement without
any breach of its governing documents or any applicable law.

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    ARTICLE
9

    

    FORCE
MAJEURE

    

    9.1 Definition of Force Majeure.
For the purpose of this Agreement, force majeure means any act, event or cause,
except in relation to obligations to make payments under this Agreement, beyond
the reasonable control of the party affected by that force majeure including,
without limitation, any act of God or any public enemy, fire, flood, explosion,
landslide, epidemic, breakdown of or damage to plant, equipment or facilities,
inability to obtain or unavailability of or damage to materials, ingredients or
supplies, strikes, labor disputes, war, sabotage, riot, insurrection, civil
commotion, national emergency and martial law, expropriation, restraint,
prohibition, embargo, decree or order of any government, governmental authority
or court.

    

    9.2 Notice of Force Majeure. A
party (in this Agreement called the "Affected Party") will inform the other
party in writing within seven days of becoming affected by any force majeure
that has or is likely to have any substantial detrimental effect on the ability
of the Affected Party to perform any or all of the terms and conditions
contained in this Agreement and will give particulars of the force majeure and
the likely duration of the force majeure and of any likely or resulting
disability or effect of that force majeure.

    

    9.3 Time for Performance. The time
for performance of the obligations of an Affected Party will be extended for the
period of the force majeure if appropriate.

    

    ARTICLE
10

    

    TERMINATION

    

    10.1  Termination on Default. 
If any of the Parties are in breach or default of the terms or conditions
contained in this Agreement and do not rectify or remedy that breach or default
within 90 days from the date of receipt of notice by the other party requiring
that default or breach to be remedied, then the other party may give to the
party in default a notice in writing terminating this Agreement but without, in
any way, limiting or affecting the rights or liabilities of the parties or
either of them that have accrued to the date of termination.  However,
the party to whom notice of default has been delivered shall have the right to
contest the termination in a court of law and any such termination shall not
become effective until a final decision has been rendered by a court of
competent jurisdiction that the alleged breach is actual and that the party to
which a notice of default has been delivered, has not effectively cured the
default.

    

    10.2  Optional Termination by Licensee.
 Licensee may, at its option, terminate this Agreement at anytime by
doing the following:

    

    (a)
 by ceasing to use the Technology and offer the services facilitated by any
Licensed Products;

    

    
      	
               
      

            	
              (b)

            	
              by
      giving sixty (60) days prior written notice to Licensor of such cessation
      and of Licensee’s intent to terminate, and upon receipt of such notice,
      Licensor may immediately begin negotiations with other potential licensees
      and all other obligations of Licensee under this Agreement will continue
      to be in effect until the date of
termination;

            

    

    

    
      	
               
      

            	
              (c)

            	
              tendering
      payment of all accrued royalties and other payments due to Licensor as of
      the date of the notice of termination;
and

            

    

    

    
      	
               
      

            	
              (d)

            	
              evidencing
      to the Licensor that provision has been made for any prospective royalties
      and other payments to which Licensor may be entitled after the date of
      termination.

            

    

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    10.3 Partial Termination by the
Licensor.  Notwithstanding Section 10.1, if Licensee is in
breach or default of the terms or conditions contained in this Agreement and
does not rectify or remedy that breach or default within 90 days from the date
of receipt of notice by Licensor requiring that default or breach to be
remedied, then Licensor, may alter License granted by this Agreement with
regards to its exclusivity, its territorial application and restrictions on its
application.

    

    10.4 Termination in Other
Events.  Without in any way limiting any other provision of
this Agreement, either Licensor or Licensee may terminate this Agreement by
notice in writing to the other if an order is made by a court or other competent
authority for the winding up or dissolution of Licensee.

    

    10.5  Survival. Upon the termination
of this Agreement:

    

    
      	
               
      

            	
              (a)

            	
              Licensee
      will immediately cease use of the Intellectual Property; provided however,
      after the effective date of termination, Licensee may sell all Licensed
      Products and parts thereof that it has on hand at the effective date of
      termination; provided, however, that Licensee’s royalty obligations will
      continue until all Licensed Products have been
  sold;

            

    

    

    
      	
               
      

            	
              (b)

            	
              Nothing
      in this Agreement will be construed to release either party from any
      obligation that matured prior to the effective date of termination;
      and

            

    

    

    
      	
               
      

            	
              (c)

            	
              The
      provisions of Articles 5, 6, 7 and 8 shall survive any termination or
      expiration of this Agreement

            

    

    

    ARTICLE
11

    

    GENERAL

    

    11.1  Notices. All notices or other
communications required or permitted to be given under this Agreement must be in
writing and delivered by e-mail, courier or facsimile to the address for each
party as specified above or in the case of delivery by facsimile, as
follows:

    

    If to
Licensee:

    
      Accelerated
Acquisitions V, Inc.

    

    
      122 Ocean
Park Blvd. Suite 307

    

    
      Santa
Monica, CA 90405

    

    

    Attention:
Robert Diener

    

        Facsimile: 
      310-362-8887

        E-mail:             r.diener@verizon.net

    

    
      If to
Licensor:

    

    
      Demand
Pooling Global Services LLC.

    

    
      12720
Hillcrest Road  Suite 1045

    

    
      Dallas,
TX  75230

    

    

    
      Attention: Richard
Aland

    

    

    
      Facsimile:     
  972-388-1974

    

    
      E-mail:             raland@depo.org

    

     

    Any party
may designate a substitute address for the purpose of this section by giving
written notice in accordance with this section. Any notice delivered in this
fashion will be deemed to have been given when it is actually
received.

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    11.2  Time of Essence. Time is of
the essence of this Agreement.

    

    11.3  Further Assurances. Each of
the parties hereby covenants and agrees that at any time and from time to time
it will, upon the request of the other party, do, execute, acknowledge and
deliver or cause to be done, executed, acknowledged and delivered all such
further acts, deeds, assignments, transfers, conveyances, powers of attorney and
assurances as may be required for the better carrying out and performance of all
the terms of this Agreement.

    

    11.4 Each party
recognizes that the employees of the other party, and such employees' loyalty
and service to such party, constitute a valuable asset of such party.
Accordingly, each party agrees not to make any offer of employment to, nor enter
into a consulting relation with, any person who was employed by the other party
within three years after the cessation of such person's employment by the other
party.

    

    11.5  Subject to the
limitations hereinbefore expressed, this Agreement will inure to the benefit of
and be binding upon the parties and their respective successors and
assigns.

    

    11.6  There are no oral
conditions, representations, warranties, undertakings or agreements between
Licensor and Licensee. No modifications to this Agreement will be binding unless
executed in writing by the parties. No waiver of any provision of this Agreement
will be construed as a waiver of any other provision hereof nor shall such a
waiver be construed as a continuing waiver. This Agreement may be executed in
one or more counterparts, each of which will be deemed an original, but all of
which together constitute one and the same instrument. This Agreement will be
governed by the laws of the State of Florida. Unless otherwise stated, all
dollar amounts referred herein shall be in the lawful currency of the United
States. If any clause or provision of this Agreement is declared invalid or
unenforceable, the remainder of this Agreement will remain in full force and
effect. Headings used in this Agreement are for reference purposes only and will
not be deemed to be a part of this Agreement. This Agreement will not be
construed as creating a partnership, joint venture or agency relationship
between the parties or any other form of legal association which would impose
liability upon one party for any act or failure to act by the other
party.

    

    IN
WITNESS WHEREOF the following parties have executed this Agreement:

     

    ACCELERATED
ACQUISITIONS V, INC.

    

    
      
        
          	
                  /s/  Donald
      J. Kelly

                
	
                    By:  

                	
                  Donald
      J. Kelly, Director

                

        

      

    

     

    DEMAND
POOLING GLOBAL SERVICES LLC

    

    
      
        
          	
                  /s/  Richard
      K. Aland

                
	
                    By:  

                	
                  Richard
      K. Aland, Director

                

        

      

    

    

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    SCHEDULE
A

     

    
    

    INTELLECTUAL
PROPERTY:

    

    Demand
Pooling Global Services, LLC (“DPGS”) has developed certain intellectual
Property consisting of the components outlined in the following paragraphs, and
developed and designed to advance a business concept (“Business Concept”) and it
is this Business Concept, combined with the technology and company expertise for
which DPGS is seeking patent protection and which is the technology that is the
subject of the Licensing Agreement between DPGS, as licensor and Accelerated
Acquisitions V, Inc., as licensee (the “Company”).

    

    The
Business Concept consists of a number of approaches that facilitate improved
pricing and greater affordability for products that state and local governments,
the Company’s initial target market, purchase on a repetitive
basis.  While the Business Concept is equally applicable for
non-governmental entities, such as utilities and a variety of other commercial
enterprises, the Company has chosen to initially target the state and local
governmental marketplace.

    

    The
Business Concept has, as its core product, a web-based electronic platform that
facilitates the aggregation of demand (or “cooperative purchasing”) for
high-ticket capital equipment and selected commodities.  DPGS’s
proprietary software facilitates cooperative purchases of similar products, even
though each individual participant may maintain its own unique product
specifications.

    

    Graphically,
the following illustrates the overall Business Concept:

     

    

       

    SYSTEM
TECHNOLOGY:

    

    Datacenter

    

    The DPGS
system utilizes a leased facilities and capacity in a highly secure, fault
tolerant, enterprise-class data center, designed to provide 100%
uptime.  Maintenance of the facilities, operation and management of
the datacenter is outsourced to Databank LLC, 400 S. Akard St., Dallas, Texas
75202, in the former home of the Dallas Federal Reserve Bank, which enables DPGS
and the Company to benefit from a state-of-the art infrastructure facility,
while not having to commit significant resources, capital or human, to the
build-out and ownership of the infrastructure.  The ability to expand
capacity and scalability requirements (space, power, networking and redundancy
capability) is virtually without limitation.

    

    Security
of the installed assets, information, applications and client data are of
paramount importance.  Security at the Datacenter is provided on a
24/7/365 basis.  Card access is required to gain access, along with
biometric hand scanning upon entry, and annual SAS 70 Audits are performed to
ensure the delivery of services at the highest possible levels.

    

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

       

    

    Uptime of
the website is essential for the Company to provide consistent and reliable
services to our users.  To ensure this level of service, our systems
have reliable UPS/Backup Generators and reliable utility power.  The
UPS/Backup Generator power supply provides: true A+B power configurations, all
UPS and Generator deployments provide N+1 redundancy, 800KVA MGE UPS Systems,
1200 KVA CAT UPS Systems, 2.0 megawatt generators, 1.5 megawatt
generators.  There are six utility feeds from the CBD grid, N+3
Transformers with ATS switches and the feeds to building are concrete
encased.

    

    Cooling
systems employ 3,500 Ton cooling tower capacity, 30 Ton Liebert CRAC Units,
designed with N+1 redundancy and 80,000 gallon reserve make-up water
tank.

    

    Network

    

    For the
Internet, the network architecture utilizes redundant N+1 Core and N+1 access
Foundry XMR, MLX and Cisco 6500 routers to provide a Highly Redundant and Highly
Available Multi-Homed Internet Aggregation Hub.  This coupled with
multiple 10 Gigabit IP trunks from multiple Tier 1 Internet service providers
makes the IP Hub would be considered highly robust.  Embedded sFlow
per port supports scalable hardware-based traffic monitoring across all switch
ports without impact performance.  Connectivity is provided to
Databank by multiple vendors including: AboveNet, AirBand, Cogent, Time Warner,
XO, Looking Glass, Level 3, InnerCity Fibernet, FiberLight, MCI, Qwest,
Consolidated Communications, Texas Lone Star Network, TerraStar, Clearwire
Communications, Current Communications and Verizon.  The CBD fiber
optic network is built upon 432 strands of fiber and available
duct.  The Company benefits from Databank’s significant level of
redundancy and the users of the Company’s offering benefit from the consequent
reliability of services which the Company can offer.

    

    Application

    

    The
Company’s system, licensed from DPGS, utilizes what is referred to as an
“n-tiered” architecture for reliability, scalability and
redundancy.  The system is comprised of multiple applications which
manage the functionality and business logic between databases, Web portal and
back-office applications.  The core application is developed in Java,
..Net 2.0 and utilizes various state-of-the- art tools for the Graphical User
Interface.  This allows rapid development and deployment of future
enhancements.

    

    Rigorous
Methodologies and Procedures are utilized for:  Application
Development and Deployment, Quality Assurance, Standardize Style Guide, Project
Management, Offshore Development, Change Management Control, Testing and Quality
Measurement Standards.

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    Infrastructure

    

    The
following diagram is a graphical representation of the Company’s current and
future infrastructure design:EXHIBIT
10.2

     

    CONSULTING
SERVICES AGREEMENT

     

    THIS
CONSULTING SERVICES AGREEMENT (the “Agreement”)
is made and entered as of April 29, 2010 (the “Effective
Date”) by and between Accelerated Acquisitions V, Inc., a Delaware
Corporation (the “Company”)
and Accelerated Venture Partners LLC, a Delaware limited liability company (the
“Consultant”).  The
Company and the Consultant may each be referred to herein as a “Party” and
together as the “Parties.”

     

    RECITALS

     

    A.           The
Company is seeking to develop its business of demand pooling on the
Internet.

     

    B.           The
Consultant desires to assist the Company by providing advice about such
activities and to provide related services to the Company, subject to the terms
and conditions of this Agreement.

     

    THE
PARTIES AGREE AS FOLLOWS:

     

    Scope of Services;
Performance.  The consulting
services covered by this Agreement (collectively, the “Services”) are described in
detail on Exhibit
A attached hereto.  Subject to the specific limitations imposed
herein and those resulting from the nature of the Services to be performed, the
Consultant will exercise independent professional judgment in determining the
method, details, and means of performing the Services.  The Company
does not propose to exercise any control over the method and manner of providing
the Services.  The Consultant will endeavor to perform the Services
within a reasonable period of time, except for delays occasioned by factors
beyond the Consultant’s control, by factors not reasonably foreseeable, or by
factors initiated by the Company.  No other warranty, express or
implied, is made with respect to Services performed under this
Agreement.

     

    Access to
Company.  The Company shall make available to the Consultant
such of its personnel and resources as is reasonably appropriate in order for
the Consultant to perform the Services.

     

    Compensation;
Payment.  The Company will compensate the Consultant for the
Services pursuant to the terms set forth on Exhibit
B attached hereto.  In the event that Consultant and the
Company agree to amend Exhibit A so as
to cause the Consultant to provide additional Services, Exhibit B shall
be amended to provide additional compensation for such additional
Services.  Except as otherwise set forth on Exhibit B, invoices
will be sent to the Company monthly or in accordance with a mutually agreed upon
schedule set forth on Exhibit B, and shall
be due within 30 days of the billing date indicated therein or on a deferred
basis as described on Exhibit
B.  The Company agrees to pay interest on any outstanding
balance (not including any accrued but deferred amount) over 30 days past due at
the lesser of the rate of 1.0% per month or the highest rate permitted under
applicable state law until such balance is paid.  Should the
outstanding balance (not including any accrued but deferred amount) remain over
30 days past due the Consultant may also, without liability, suspend performance
of the Services.  The Consultant reserves the right to decline further
work with the Company for any reason, including without limitation, if the
Company is delinquent in payment of charges due to the Consultant hereunder (not
including any accrued but deferred amount).

     

    
      
         

      

      
         

        
          

        

      

      
         

      

    

     

    Ownership;
Exclusions.  Except as set forth below, any proprietary rights,
whether tangible or intangible, arising out of or relating to any portion of the
Services, including but not limited to all paper and electronic files provided
as source materials, all output files produced by the Company, and all printed
copies of output files, all work in progress, and all deliverables
(collectively, the “Work
Product”) shall be the sole property of the Company, and may be used
without restriction by the Company.  However, such Work Product shall
not include the
proprietary systems, plans, concepts, programs, models, designs, tools,
equipment process automation, computer programs or code, devices, inventions and
processes of the Consultant (collectively, the “Consultant Systems”) used by
the Consultant in connection with provision of the Services, nor shall it
include any improvements upon the Consultant Systems discovered or developed by
the Consultant in the course of providing the Services to the
Company.  The Consultant Systems, including improvements and any
proprietary rights therein, shall be the exclusive property of the
Consultant.

     

    Confidentiality.

     

    Definition.  For
purposes of this Agreement, “Confidential Information”
means information of either Party (the “Disclosing Party”) or any
person or business entity directly or indirectly controlled by or controlling
the Disclosing Party, or in which any of the aforesaid have at least a 50%
interest, which information is or has been disclosed to the other Party (the
“Recipient Party”) or
is otherwise known to the Recipient Party as a consequence of or through the
performance of Services for the Company, whether or not related to the
Consultant’s duties for the Company, including, but not limited to, information
relating to original works of authorship, disclosures, processes, systems,
methods, formulas, trade secrets, procedures, concepts, algorithms, software,
compositions, techniques, drawings, specifications, models, data, source code,
object code, documentation, diagrams, flow charts, research procedures,
copyrights, copyright applications, trademarks, trademark applications, devices,
machinery, materials, cost of production, contract forms, prices, pricing
policies, volume of sales, promotional methods, identity or information about
customers or suppliers, marketing techniques or other information of a similar
nature.  Information shall be considered to be Confidential
Information if not known by the trade generally, even though such information
has been disclosed to one or more third parties pursuant to distribution
agreements, joint research agreements, or other agreements entered into by the
Disclosing Party.  Confidential Information shall not include
information which (a) is or becomes publicly known through no fault of the
Recipient Party; (b) is learned by the Recipient Party from a third party
entitled to disclose such information; (c) is previously known to the Recipient
Party before receipt from the Disclosing Party; (d) is developed by or for the
Recipient Party independently of the Confidential Information; or (e) is
required to be disclosed by a court or government agency of competent
jurisdiction.

     

    Restrictions.  Each
Party understands that it may receive Confidential Information of the other
Party during the course of this Agreement.  Neither Party shall,
either during or subsequent to the term of this Agreement, directly or
indirectly, disclose or use any Confidential Information of the other Party to
any person or entity, except as is necessary to perform the obligations
hereunder.

     

    Injunctive
Relief.  The Parties acknowledge and agree that damages will
not be an adequate remedy in the event of a breach of either Party’s obligations
under this Section 5.  Each Party therefore agrees that the other
Party shall be entitled (without limitation of any other rights or remedies
otherwise available to such other Party and without the necessity of posting a
bond) to obtain an injunction from any court of competent jurisdiction
prohibiting the continuance or recurrence of any breach of this Section
5.

     

    Financing
Transactions.  It is understood that as relates to any public
or private offering of convertible debt, common or preferred stock or any other
security or investment instrument of the Company (“Financing”), the Consultant
is acting as an advisor only, is not a licensed securities or real estate broker
or dealer, and shall have no authority to enter into any commitments on the
Company’s behalf, or to negotiate the terms of any Financing, or to hold any
funds or securities in connection with any Financing or to perform any act which
would require the Consultant to become licensed as a securities or real estate
broker or dealer under applicable state or federal law.  In
consideration of the Company entering into this Agreement and as an inducement
to the Company agreeing to pay the compensation described on Exhibit
B hereto, the Company and the Consultant confirm and acknowledge
that pursuant to the Consultant’s provision of Services hereunder:

     

    The
Consultant has not engaged, and shall not engage, in any actions requiring
registration as a securities broker or dealer under any applicable federal,
state or foreign laws;

     

    
      
         

      

      
         

        
          

        

      

      
         

      

    

     

    The
Consultant shall only introduce to the Company prospective investors that the
Consultant reasonably believes are “accredited investors” as defined in Rule
501(a) promulgated under the Securities Act of 1933, as amended, and will assist
the Company in performing whatever reasonable due diligence investigation may be
necessary in order to confirm such “accredited investor” status;
and

     

    The
Consultant has not engaged, and shall not engage, in any general solicitation or
advertisement to seek investors or potential investors in the
Company.

     

    Indemnification and Company
Representation.

     

    Indemnification of
Consultant.  In addition to the specific indemnification
contemplated under Section 7.3 below, the Company agrees to indemnify and hold
harmless the Consultant from and against any and all losses, claims, damages,
liabilities, judgments, charges and expenses (including all legal or other
expenses reasonably incurred by the Consultant) in connection with investigating
or defending against or providing evidence in any litigation, whether commenced
or threatened, in connection with any claim, action or proceeding to which the
Consultant becomes subject, whether or not resulting in any liability, caused
by, or arising out of any Services by the Consultant under this Agreement;
provided, however, that the Company shall not be liable in any such case to the
extent that any such loss, claim, damage or liability is found to have resulted
from the Consultant’s negligence, bad faith,
fraud or misconduct..

     

    Counsel.  The
Consultant shall be entitled to employ counsel separate from the Company and
from any other party in such action.  In such event, the reasonable
fees and disbursements of such separate counsel, as incurred, shall be paid by
the Consultant.

     

    Company Representation and
Warranty.  The Company hereby represents and warrants that all
information provided to Consultant pertaining to the Company and relating to the
Services shall be true and correct in all material respects, and that the
Company shall hold Consultant harmless from any and all liability, expenses or
claims arising from the disclosure or use of such information.

     

    Indemnification of
Company.  If the Company or its officers, directors,
shareholders or affiliates suffer or incur any loss, claim, damage, liability or
expense by reason of the Consultant’s negligence, bad
faith, fraud or misconduct in the provision of Services, the Company
and any such persons have the same rights of indemnification from the Consultant
as are given by the Company to the Consultant hereunder.

     

    Term and
Termination.  This Agreement shall be effective from and after
the date hereof until one year after the Effective Date, unless earlier
terminated by either Party in writing on 10 days notice; provided, however, that
the Company may not terminate this Agreement other than for “Cause” (as defined
below) or in connection with a “Buyout” as described in Exhibit
B.  For purposes of this Agreement, termination for “Cause” means either (a)
termination by the Company of this Agreement by reason of the Consultant’s fraud
or misconduct that materially and adversely affects the Company, negligence in
the performance of Services, persistent failure to perform the Services as
contemplated herein, conduct that
discredits the Company, or material breach of the terms of this Agreement,
provided in each case that the Consultant has been provided written notice of
the facts and circumstances alleged to constitute Cause hereunder and at least
30 days’ opportunity to cure the same, or (b) termination by the Company of this
Agreement for any reason or no reason if “Milestone 1” (as defined in Exhibit B) has
not occurred on or before one year after the Effective Date.

     

    Limitation of
Liability.

     

    Sole Remedy.  The
sole remedy for any breach of this Agreement by the Consultant shall be to
reimburse the Company for actual fees received by the Consultant relating to
Services that were not provided as a result of the breach.  In no
event shall the Consultant’s aggregate liability to the Company under this
Agreement exceed the amount of cash fees received by the Consultant
hereunder.

     

    
      
         

      

      
         

        
          

        

      

      
         

      

       

    

    Limitation of
Liability.  IN NO EVENT SHALL THE CONSULTANT, ITS AFFILIATES,
OFFICERS, AGENTS, MANAGERS OR MEMBERS (COLLECTIVELY, THE “CONSULTANT AFFILIATES”) BE
LIABLE FOR ANY DAMAGES INCLUDING LOSS OF USE, INTERRUPTION OF BUSINESS, OR ANY
INDIRECT, SPECIAL OR INCIDENTAL, OR CONSEQUENTIAL DAMAGES OF ANY KIND (INCLUDING
LOSS OF PROFITS) IN CONNECTION WITH THE TERMS OF THIS AGREEMENT, REGARDLESS OF
THE FORM OF ACTION, WHETHER IN CONTRACT, TORT (INCLUDING NEGLIGENCE), STRICT
PRODUCT LIABILITY, OR OTHERWISE, EVEN IF THE CONSULTANT HAS BEEN ADVISED OF THE
POSSIBILITY OF SUCH DAMAGES.

     

    Other
Engagements.  Nothing in this agreement shall preclude the
Consultant from entering into agreements similar to this Agreement with other
parties.  In addition, the Company acknowledges and agrees that the
Consultant may, concurrent with engagements undertaken for the Company and in
the future, undertake consulting or service engagements with other persons or
entities whose business or products may be similar to or competitive with the
business or products of the Company.

     

    Independent
Contractor/Taxes.  The Consultant is not an agent or employee
of the Company and is not authorized to act on behalf of the
Company.  Except as required by a final determination by the Internal
Revenue Service or state taxing authority and upon due notice to the other
party, the Consultant and the Company each agrees that it will treat the
Consultant as an independent contractor for tax purposes and file all tax and
information returns and pay all applicable taxes on that basis.

     

    Notices.  Any
notice given pursuant to this Agreement shall be in writing and shall be
effective immediately upon hand delivery or delivery by courier to the other
Party or one business day after facsimile transmission to the other Party or
five business days after deposit of the notice in the United States first class
mail, by registered or certified mail, postage prepaid, to the addresses set
forth below the respective signature lines of the Parties.

     

    Arbitration.  Any
controversy or claim arising out of, or relating to, this Agreement or the
breach of this Agreement will be settled by arbitration by, and in accordance
with the applicable Commercial Arbitration Rules of the American Arbitration
Association and judgment upon the award rendered by the arbitrator(s) may be
entered in any court having jurisdiction.  The arbitrator(s) will have
the right to assess, against a Party or among the Parties, as the arbitrator(s)
deem reasonable, (a) administrative fees of the American Arbitration
Association, (b) compensation, if any, to the arbitrator(s) and (c) attorneys’
fees incurred by a party.  Arbitration hearings will be held in the
county of defendant.  The provisions of California Code of Civil
Procedure Section 1283.05 will apply to any arbitration.

     

    No Joint
Venture.  Nothing in this Agreement shall be construed to make
the Parties hereto joint venturers or partners or to create any relationship of
principal and agent.  Neither Party has the power or authority to
commit or bind the other Party without such other Party’s prior written
consent.

     

    Governing
Law.  This Agreement shall be governed by and interpreted
pursuant to the laws of the State of California, excluding those laws that
direct the application of the laws of another jurisdiction.

     

    Waiver.  The waiver
of any term or condition contained in this Agreement by any Party shall not be
construed as a waiver of a subsequent breach or failure of the same term or
condition or a waiver of any other term or condition contained in this
Agreement.

     

    Assignment.  The
rights and liabilities of the Parties hereto shall bind and inure to the benefit
of their respective successors, heirs, executors and administrators, as the case
may be; provided, however, that as the Company has specifically contracted for
the services to be provided by the Consultant hereunder, the Consultant may not
assign or delegate the Consultant’s obligations under this Agreement either in
whole or in part without the prior written consent of the Company.

     

    Headings.  The
section headings used in this Agreement are intended for convenience of
reference and shall not by themselves determine the construction or
interpretation of any provision of this Agreement.

     

    
      
         

      

      
         

        
          

        

      

      
         

      

       

    

    Survival of
Provisions.  Each and all of the terms, provisions and/or
covenants of each of Sections 4, 5, 7 and 9 through 21 and Section 2 (a) of
Exhibit of this Agreement shall, for any and all purposes whatsoever, survive
the termination of this Agreement.

     

    Entire Agreement;
Modifications.  Except as otherwise provided herein or in the
exhibits hereto, this Agreement represents the entire understanding among the
Parties with respect to the subject matter of this Agreement, and this Agreement
supersedes any and all prior and contemporaneous understandings, agreements,
plans, and negotiations, whether written or oral, with respect to the subject
matter hereof, including, without limitation, any understandings, agreements, or
obligations respecting any past or future compensation, bonuses, reimbursements,
or other payments to the Consultant from the Company.  All
modifications to the Agreement must be in writing and signed by each of the
Parties hereto.

     

    Counterparts.  This
Agreement may be executed in two or more counterparts, each of which shall be
deemed an original, but all of which together shall constitute one and the same
instrument.

     

    [Remainder
of Page Intentionally Left Blank]

     

    
      
         

      

      
         

        
          

        

      

      
         

      

    

     

    IN
WITNESS WHEREOF, the Parties have executed this Consulting Services Agreement as
of the date first above written.

     

    
      
        
          	
                  Accelerated
      Acquisitions V, Inc.

                
	 
      	 
      
	
                  By:

                	
                  /s/
      Richard K. Aland

                
	 
      	
                  Name:
      Richard K. Aland,

                
	 
      	
                  Title:
      Chairman and Chief Executive Officer:

                
	 
      	 
      
	 
      	
                  Address:

                	
                  12720
      Hillcrest Rd Ste 1045

                
	 
      	 
      	
                  Dallas,
      TX  75230

                

        

      

    

     

    
      
        
          	
                  Accelerated
      Venture Partners LLC

                
	 
      
	
                  By:

                	
                  /s/
      Timothy Neher

                
	 
      	
                  Name:           Timothy
      Neher

                
	 
      	
                  Title:            
      Managing Member

                
	 
      	 
      
	
                  Address:

                	
                  1840
      Gateway Drive, Suite 200

                
	 
      	
                  Foster
      City, CA 94404

                

        

      

    

     

    
      
         

      

      
         

        
          

        

      

      
         

      

    

     

    EXHIBIT
A

     

    SCOPE
OF SERVICES

     

    Subject
to the terms and conditions of the Agreement to which this Exhibit A is
attached, the Company hereby appoints the Consultant its nonexclusive agent to
assist the Company by reviewing the Company’s business plan, identifying and
introducing prospective financial and business partners to the Company who will
close upon a financing transaction as described in greater detail in Exhibit B
to this Agreement (collectively, the “Services”).

     

    The
Consultant will report to the Company’s Chief Executive Officer and Board of
Directors.

     

    The
Company will not control in any way the methods used by the Consultant in
performing the Services.  The Consultant will at all times, and at the
Consultant’s own expense, maintain all facilities, equipment, and
instrumentalities required to perform the Services, including without
limitation, office space, computer, printer, internet connection, facsimile,
paper, office supplies and telephone.

     

    
      
         

      

      
         

        
          

        

      

      
         

      

       

    

    EXHIBIT
B

     

    COMPENSATION
AND EXPENSES

     

    1.           Equity
Compensation.  In consideration of providing the Services, the
Company will issue to the Consultant shares of the Company’s common stock (the
“Shares”)
representing 7.5% of the Company’s total “fully-diluted” capitalization, i.e.,
including all shares of common stock, preferred stock and other equity on an
as-converted basis plus all shares issued or issuable upon exercise of options,
warrants or other convertible securities and all shares reserved under any
employee stock option or similar plan(s).  The Shares will be issued
within 10 days after the Effective Date at a purchase price of $0.0001
per share payable by the Consultant in cash.  The Shares will
be subject to a right of repurchase in favor of the Company at $0.0001
exercisable upon termination of this Agreement pursuant to Section 8, which
right of repurchase will lapse as follows:

     

     (a)           The
right of repurchase will lapse with respect to 70% of the Shares upon a
successful reverse merger with a publicly listed SEC reporting entity or
Company’s securing at least $5 million in available cash, whether from debt or
equity investment, grant funding, litigation proceeds, a combination thereof or
any other source (“Milestone
1”), provided that the Consultant’s provision of Services hereunder has
materially contributed to the Company’s achievement of Milestone 1.

     

     (b)           The
right of repurchase will lapse with respect to 20% of the Shares upon the
Company’s securing at least $10 million in available cash (inclusive of any
amounts already attributed to Milestone 1), whether from debt or equity
investment, grant funding, litigation proceeds, a combination thereof or any
other source (“Milestone
2”), provided that the Consultant’s provision of Services hereunder has
materially contributed to the Company’s achievement of Milestone 2.

     

     (c)           The
right of repurchase will lapse with respect to 10% of the Shares upon the
Company’s securing at least $15 million in available cash (inclusive of any
amounts already attributed to Milestone 1), whether from debt or equity
investment, grant funding, litigation proceeds, a combination thereof or any
other source (“Milestone
3”), provided that the Consultant’s provision of Services hereunder has
materially contributed to the Company’s achievement of Milestone 3.

     

     For
the sake of clarity, if the Company secures sufficient cash to qualify for a
Milestone described above, all prior Milestones shall also be deemed to have
been met, i.e., if the Company has not yet achieved Milestone 1 but then secures
$6 million in available cash, all Milestones will be deemed to have been
met.

     

     Should
the Consultant identify or introduce an investor to the Company, and should the
Company decide to accept an investment from that investor that is less than the
Milestone 1 minimum limit, then the compensation of Shares to the Consultant
will be prorated accordingly.  Notwithstanding anything above to the
contrary, the Company’s right of repurchase with respect to any Shares will
lapse in its entirety upon completion of all milestones, a merger, acquisition
or other change of control of the Company.

     

     2.           Cash
Compensation.  From the effective date herein, until Milestone
1 has been reached, the Company agrees to pay the Consultant at the rate of
$87,500 per month of Services.  The Company will defer payment of such
cash compensation until the Company has achieved Milestone 1.  Notwithstanding the
foregoing, if the Company terminates the Agreement for Cause prior to
Milestone 1, the Consultant will not be entitled to, and
hereby waives any right to receive, any accrued cash compensation
hereunder.  Upon achievement of Milestone 1, the Company will
immediately pay all accrued cash compensation hereunder and will thereafter
continue to pay the Consultant on a monthly basis) at the rate of $87,500 per
month of Services until the Company has achieved Milestone
2.  Beginning in the month following achievement of Milestone 2, the
Company will pay the Consultant (on a monthly basis) at the rate of $87,500 per
month of Services.  Notwithstanding the foregoing, any cash
compensation otherwise payable by the Company to the Consultant pursuant to this
provision (a) in excess of $350,000 (milestone cap) may be deferred until
achievement of Milestone 2, and (b) in excess of $700,000 may be deferred until
achievement of Milestone 3.  At no time under this Agreement shall the
total sum payable to the Consultant in any Milestone period exceed
$1,050,000.  The total cash compensation to the consultant after
achievement of all milestones shall not exceed $1,005,000, unless the amount
received by the company is more than Milestone 3 as outlined in section (a)
below.  Upon termination of this Agreement for any reason, the
Consultant will waive any and all entitlement to cash compensation which has
been deferred pursuant to the foregoing provisions but not yet paid due to the
Company’s failure to achieve the applicable Milestone.

     

    
      
         

      

      
         

        
          

        

      

      
         

      

       

    

     The
Parties agree that if Consultant identifies and introduces the Company to a
potential funding source and such potential funding source during or after the
Term of this Agreement provides equity or debt Financing that is an amount less
than Milestone 1, in between any of the above Milestones, greater than the above
Milestones and/or any Subsequent Financing Transaction occurs, the cash
compensation earned by the Consultant under this Agreement will be prorated
according to the above Milestones and billed to and paid by the
Company.

     

     3.           Accelerated Cash
Payments.  Notwithstanding the foregoing, during the 30 day
period following each Milestone, the Company may elect to terminate this
Agreement and forego all future cash payments to the Consultant by paying a lump
sum amount (the “Buyout”)
equal to the then monthly cash rate for Services set forth above times the
number of months remaining in the term of this Agreement, pro rated if necessary
for any partial months, times 95%.  If the Company chooses to pay the
Buyout, the Company’s right of repurchase with respect to the Shares as set
forth in Section 1 of this Exhibit B, if any,
will lapse in its entirety.

     

     4.           Expense
Reimbursement.  The Company agrees to reimburse the Consultant,
within ten business days of presentment of receipts in support thereof, for all
pre-approved reasonable, ordinary and necessary travel and entertainment
expenses incurred by the Consultant in conjunction with the Consultant’s
services to the Company, consistent with the Company’s standard reimbursement
policy.  The Company shall pay travel costs incurred by the Consultant
in conjunction with the Consultant’s services to the Company consistent with the
Company’s standard travel policy.

     

     5.           Participation
Rights.  The Company will allow the Consultant to invest up to
an additional $5 million in any future debt or equity offering of the Company on
the same terms and conditions offered to other participants in such
offerings.  The Consultant will not be obligated to participate in any
such offerings.

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