Document:

Exhibit
10.2

 

LINE
OF CREDIT PROMISSORY
NOTE

 

Date:
March 1,
2015

 

$500,000.00

 

 

FOR
VALUE RECEIVED,
Group Excellence Management, LLC
(OBA:
MyeasyHQ),
("Borrower")
promises
to pay
to the order of P413 Management,
LLC ("Lender"),
a/an Texas,
Limited Liability Company,
the principal
sum of
Five Hundred Thousand Dollars ($500,000.00),
or so much thereof as may
be disbursed to,
or for the benefit of the Borrower by Lender in
Lender's sole and absolute discretion. It
is the intent
of the Borrower and Lender hereunder to create
a line of credit agreement between
Borrower and Lender whereby Borrower may
borrow up to $500,000.00
from Lender;
provided, however, that
Lender has no obligation to lend Borrower
any amounts hereunder and the decision to lend
such money lies in the sole
and complete discretion of
the Lender.

INTEREST
& PRINCIPAL:
The unpaid
principal of
this line
of credit
shall bear simple
interest at
the rate of six
percent (6%) per annum. Interest
shall be calculated
based on the principal
balance as may be
adjusted from time to time
to reflect additional advances made
hereunder. Interest on the
unpaid balance
of this Note shall accrue monthly
but shall not be
due and payable
until such time
as when the principal
balance of this Note
becomes due and payable.
The principal
balance of this Note shall
be due and payable
on March 31,
2019. There
shall be no penalty for early
repayment of all or any
part of the
principal.

 

DEFAULT:
The Borrower
shall be in
default of this
Note on the occurrence
of any of
the following
events: (i)
the Borrower shall fail to
meet its obligation to
make the required principal or
interest payments hereunder; (ii) the Borrower shall
be dissolved or liquidated; (iii) the Borrower shall make
an assignment for the benefit of creditors or shall be
unable to, or shall admit
in writing their inability to pay
their debts as they become due; (iv) the
Borrower shall commence any case, proceeding,
or other action under any existing or future law
of any jurisdiction relating to bankruptcy, insolvency,
reorganization or relief of debtors, or
any such action shall
be commenced against the undersigned;
(v) the Borrower shall suffer a
receiver to
be appointed for it or for any
of its property or shall suffer a garnishment,
attachment , levy or execution.

REMEDIES:
Upon default
of this
Note, Lender may
declare the
entire amount due
and owing hereunder
to be immediately
due and payable. Lender may also use all remedies
in law and in equity to enforce and collect
the amount owed under this
Note.

Borrower
hereby waives demand,
presentment, notice
of dishonor, diligence
in collecting,
grace and notice of protest.

 

Lender:

 

 

/s/ Carl Dorvil___________________

Carl Dorvil

Chief Executive Officer

P413 Management, LLC

 

Borrower:

 

 

/s/ Chelsea Christopherson__________

Chelsea Christopherson

 

Chief Operating Officer

Group
Excellence Management, LLC (OBA:
MyeasyHQ)Exhibit 10.3

 

OUTSOURCING AGREEMENT

 

 

This Outsourcing Agreement (the “Agreement”)
is made as of this 1st day of March 2015, between P413 Management, LLC whose address is 3015 Fontana Blvd, Rockwall, TX 75201 (“Consultant”)
and MyEasyHQ, LLC, whose address is 12001 N Central Expressway, Suite 825, Dallas, Texas, 75243 (“Client”).
Consultant and Client are hereinafter referred to collectively as the “Parties” or individually as a “Party.”

 

Client desires to engage the Services
(defined below) of Consultant, as an independent contractor and not as an employee, to render its Services on the terms and conditions
provided in this Agreement.

 

Consultant desires to render Services
for Client on the terms and conditions provided in this Agreement.

 

THEREFORE, In consideration of the
mutual promises contained in this Agreement, the Parties agree as follows:

 

I.     
Independent Contractor Status

 

		a.	Client intends Consultant to be an independent contractor in the
performance of the Services. 

 

		b.	Consultant will have the right to control and determine the methods
and means of performing the Services.

 

		c.	Consultant will not hold itself out to be an employee, member, partner,
shareholder or other associate of Client.

 

		d.	Client will not withhold Social Security or Medicare taxes from Contractor’s
payments or make such tax payments on Consultant’s behalf, or withhold state or federal income tax from Consultant’s
payments or make state or federal unemployment contributions on Consultant’s behalf. 

 

		e.	Consultant will pay all applicable taxes related to the performance
of Services under this Agreement.

  

II.  
Services

 

		(1)	The specific services to be rendered by Consultant to Client consist
of back office and administration support as needed, which include, but is not limited to: employee staffing for services related
to administrative and sales support (the “Services”). 

 

		(2)	Services are limited to those expressly described in subheadings
(1). Consultant will not provide support in the area of legal recommendations or advice, complex taxation issues, insurance product
recommendations, investment advisory services, or have discretion of client assets. 

 

		III.	Use of Agents

 

Consultant is authorized
to engage the services of any agents, i.e. assistants, persons, or corporations that it determines proper to aid or assist in the
proper performance of the Services to be provided herein. The Client has the right to approve agents or request a change of agent.

 

		IV.	Fee

 

For the Services to be rendered
under this Agreement, Consultant will bill the Client on a monthly basis for services rendered each month (the “Fee”).
The Fee is due on the first day of each calendar month until this Agreement is terminated. If the Term begins on a day other than
the first day of a calendar month or ends on a day other than the last day of a calendar month, the Fee for such partial month
will be pro-rated by the Consultant. If the Fee is not received by Consultant from Client within five (5) business days of the
first day of each calendar month, then Client agrees to pay an additional 2% of the Fee in arrears. It is understood that this
is not interest, but a fair and reasonable estimate of the costs Client will incur by reason of late payment.

 

If Client requires additional
services not included in this Agreement, the Fee for the additional services must be negotiated and paid separately.

 

		V.	Devotion Of Time

 

Consultant will devote the
time that is reasonably necessary for a satisfactory performance of its duties under this Agreement. If Client requires additional
services not included under this Agreement, Consultant will make a reasonable effort to fit those additional services into its
time schedule without decreasing the effectiveness of performance of duties required under this Agreement. However, the availability
of Consultant to provide additional services to Client is subject to the provisions for additional fees for additional services
as discussed in Section IV above.

 

		VI.	Obligations of Client 

 

Client agrees to gather
and furnish all the necessary data within a reasonable period of Consultant submitting a request in writing to Client, not to exceed
five (5) days. Client agrees to take reasonable steps to verify that the data provided by Client or compiled by Client will be
accurate and complete. If complete and accurate data is not provided, or if the data is not provided within five (5) days from
the written request, Consultant may, at its option, extend the period for completion of the project by a commensurate length of
time or cancel the project.

 

Client will remain the point
of contact for its customers, vendors and other service providers, and Consultant will not contact Client’s customers, vendors
or other service providers directly unless expressly instructed to do so in writing by Client.

 

Consultant will not be responsible
for errors, omissions or misinterpretations between the Client and its customers, vendors or other service providers. Client will
be responsible for reviewing all data and information gathered from its customers, vendors and other service providers prior to
submission to Consultant, and Client will also be responsible for reviewing the completed project or plan to ensure that the project
or plan meets its objectives.

  

		VII.	Confidential Information

 

Each Party shall treat,
and shall cause its employees and agents to treat, any information and data concerning the other Party and/or the client including,
without limitation, information and data relating to their respective business, financial information, personal information and
the like which may come within the knowledge of a Party or its employees or agents in the performance of, or in connection with
Services provided under this Agreement as confidential information and data, and shall not use or disclose such confidential information
and data to others during or subsequent to the performance of the Services under this Agreement (except as necessary to perform
such Services) without the prior written approval of the other Party. These obligations shall survive the termination or expiration
of this Agreement.

 

		VIII.	Entire Agreement

 

This Agreement constitutes
the sole and only agreement of the Parties and supersedes any prior understandings or written or oral agreements between the Parties
respecting this subject matter.

 

		IX.	Assignment

 

Neither this Agreement nor
any duties or obligations may be assigned by either Party without the prior written consent of the other Party. In the event of
an assignment to which the other Party has consented, the assignee or the assignees’ legal representative must agree in writing
with the other to personally assume, perform, and be bound by all the provisions of this Agreement.

 

		X.	Successors and Assigns

 

Subject to the provisions
regarding assignment, this Agreement is binding on and inures to the benefit of the Parties to it and their respective heirs,
executors, administrators, legal representatives, successors, and assigns.

 

		XI.	Arbitration

 

All claims and disputes
arising under or relating to this Agreement are to be settled by binding arbitration in the county of Dallas in the State of Texas
or another location mutually agreeable to the Parties. An award of arbitration may be confirmed in a court of competent jurisdiction.

 

		XII.	Governing Law

 

This Agreement, and the
rights and duties of the Parties under it, are governed by the laws of the State of Texas.

 

		XIII.	Amendment

 

This Agreement may be amended
by the mutual agreement of the Parties to it, in a writing signed by both Parties to be attached to and incorporated in this Agreement.

 

		XIV.	Legal Construction

 

In the event that any one
or more of the provisions contained in this Agreement is for any reason be held to be invalid, illegal, or unenforceable in any
respect, that invalidity, illegality, or unenforceability will not affect any other provisions, and this Agreement will be construed
as if the invalid, illegal, or unenforceable provision had never been contained in it.

 

		XV.	Term

 

The term of this Agreement
is for a period from the Effective Date as noted below, until both parties mutually agree, in writing, on termination of the Agreement.
Both parties are required to give thirty (30) days written notice of termination.

 

 

 

[Remainder of this Page Intentionally
Left Blank]

This Agreement may be terminated at any time by either Party by giving written notice to the other Party at the address stated
above.

 

 

Effective Date: March 1, 2015

MyEasyHQ, LLC

 

 

By: _____/s/Carl Dorvil_________________

Name: Carl Dorvil

Title: CEO

 

 

P413 Management, LLC

 

 

By: _____/s/Josh Runnels_______________

Name: Josh Runnels

Title: COO

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00263-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00263-of-00352.parquet"}]]