Document:

Filed by Automated Filing Services Inc. (604) 609-0244 - ITonis Inc. - Exhibit 10.1

 EXHIBIT 10.1

 MEMORANDUM OF UNDERSTANDING

  BETWEEN 

  iOCEAN MEDIA LIMITED

  AND 

  ITonis INC.

This Memorandum of Agreement is made on the 16th day of April in the year of Two Thousand and Seven.

	 	 1. 	 iOcean Media Limited, or its subsidiaries, whose registered
        office is situate at 2nd Floor, Abbott Building, Road Town
        Tortola, British Virgin Islands, (“iOcean” );

	 	 	 
			 and

	 	 	 
	 	 2. 	 ITONIS Inc. whose registered office is situated at
        502 E. John Street Carson City 89706 Nevada, USA. ("ITonis").

PREAMBLE

	 	 1. 	 ITonis is a world leader in Internet Protocol Television
        (“IPTV”) technology, providing industry-leading IPTV platform
        solutions.

	 	 	 
	 	 2. 	 iOcean is a company developing IPTV platforms and
        solutions for terrestrial and cable broadcasting companies in the People’s
        Republic of China.

Both Parties have agreed to cooperate in the formation of a newly formed Joint Venture Company (“JV”) to provide an IPTV platform for existing cable and terrestrial television companies in the People’s Republic of China.

NOW THIS MEMORANDUM OF UNDERSTANDING (“MOU”) confirms the principle terms agreed between the parties 

BINDING PROVISIONS

In consideration of the mutual undertakings of iOcean and ITonis as to the matters described herein, upon execution by the parties of this MOU or counterparts thereof, the following

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terms of this MOU (collectively the “Binding Provisions”) shall constitute a legally binding and enforceable agreement between iOcean and ITonis.

Negotiations / Execution of formal Joint-Venture Agreement

Commencing as soon as practicable after the execution of this MOU the parties agree to enter into good faith negotiations towards the due achievement of The Project.

Within 3 calendar months of the execution of this MOU, the parties agree to enter into a formal Joint-Venture Agreement and License Agreement. The parties agree that this MOU, shall form the basis of the said Joint Venture Agreement.

DURING THE VALIDITY OF THIS MOU, THE PARTIES HEREBY UNDERTAKE TO : -

1. Good Faith

The parties hereby agree to initiate and foster a spirit of cooperation, for their respective mutual benefit, the facilitation and development of an IPTV platform solution for the Province of Shandong in the People’s Republic of China. 

2. License Agreement / Territories

iOcean and ITonis agree upon the mutual development of a IPTV platform using ITonis’ IPTV delivery platform and backend solutions. ITonis will license its software to JV as a 20 year exclusive non-transferable license for the People’s
Republic of China. ITonis will license its software for the rest of Asia. (Schedule 1 – Territories) to JV as a non-exclusive, non-transferable license.

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3. Net Profit Share

Both parties agree that the net profits of the JV will be split between iOcean and ITonis on a 51% and 49% basis respectively.

4. Cooperation

The cooperation as mentioned in Paragraph 1 is intended, inter alia, to consist of business cooperation in the following areas: 

	
Demonstrations application to enable the operation of IPTV platform;
	
Information infrastructure development;
	
Maintenance;
	
Training and education in cooperation if necessary with other parties.

5. Responsibilities

ITonis: 

	
Provide ITonis Software licenses
	
Software customizations
	
Training of any JV/iOcean support team
	
Level 3 support (as defined in the appendix)
	
Organize delivery of international content for Video on Demand (“VoD”) through its partners
	
Recommend technical partners for the solutions (Conditional Access (“CA”) , Set Top Boxes(“STB”))
	
Design solution (Hardware configuration + network infrastructure)
	
Installation and testing
	
Financing of pilot currently estimated to be less than 500,000 Euros
	
Board Representation and Partial Management of JV
	
Investigate/organize financing of full post pilot rollout

iOcean:

	
Legal set up of JV
	
Board Representation and management of JV
	
Recruitment of JV staff
	
Outsourced support of the platform (level 1 and 2) (as defined in the appendix)
	
Assist JV with partnership deals (Shandong Cable, China, CA, STB)
	
Financing of post pilot rollout.

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JV:

	
Outsourced support of the platform (level 1 and 2)
	
Negotiations with local media partners
	
Localization of the portal
	
Metadata entry
	
Purchase of Hardware and Software
	
Helpdesk

6. Intellectual Property/Trademarks

All intellectual property rights existing prior to the date of this MOU shall belong to the party that owned such rights immediately prior to the date of this MOU. Neither party shall gain by virtue of this MOU any rights of ownership of copyrights,
patents, trade secrets, trademarks or any other intellectual property rights owned by the other.

Any intellectual property rights created especially for the Joint Venture project (Software customizations) after the execution of this MOU shall belong to the Joint Venture.

Nothing in this MOU shall affect either party's right to use any trademarks, service marks or proprietary words or symbols of the other party to properly identify the goods or services of such other party to the extent otherwise permitted by
applicable law or by written agreement between the parties.

With regard to any technologies and software licensed by ITonis, ITonis agrees to confer the benefit of these licenses to the JV for 20 years in Asia according to the terms described in paragraph 2. .

7. Confidentiality

iOcean and ITonis agree to the existence and contents of this MOU. All information disclosed by one party to the other of a confidential nature in respect of this MOU, and all related information and data previously known or exchanged prior to the
date of signature of this MOU in respect of its subject matter, is and shall be treated as secret and confidential and shall not be used nor distributed to third parties. iOcean and ITonis agree that they shall enter into a mutually acceptable form
of Non Disclosure Agreement as part of any final agreement.

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8. Governing Law

This MOU shall be governed by and construed in accordance with
the laws of Hong Kong and the parties hereto irrevocably submit to the
non-exclusive jurisdiction of the courts of Hong Kong.

9. Effectiveness and Validity of this MOU

This MOU shall become effective upon execution.

This MOU shall be valid for a period of one (1) year from the
date of execution and shall automatically terminate at the expiry of the said
term of one (1) year following execution. This MOU may only be extended by
mutual agreement in writing by each party.

10. General

The parties acknowledge that the provisions in this MOU
represent their mutual commitment to the business cooperation referred to in
paragraph 1 above. Any arrangements between the parties are subject to the
preparation, negotiation and execution of formal agreements. This MOU shall be
deemed to be legally binding on both parties.

	Signed by: 	Signed by: 
	/s/ Andrew Richardson	/s/ Nicolas Lavaud 
	Name: Andrew Richardson	Name: Nicolas Lavaud 
	on this day: April 16th , 2007 	on this day: April 16th , 2007 
	on behalf of : iOcean Media Limited 	on behalf of : ITonis Inc. 
	 	 
	Witnessed by: 	Witnessed by: 
	/s/ John W. Ullmann 	/s/ Michal Benes 
	Name: John W. Ullmann 	Name: Michal Benes 

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 SCHEDULE 1 – TERRITORIES

For the avoidance of doubt and for the purposes of this MOU, 

“The People’s Republic of China” includes Taiwan, Hong Kong and Macau.

“Asia” shall include but not be limited to, The People’s Republic of China, Hong Kong, Macau, Japan, South Korea, Singapore, Malaysia, Thailand, Vietnam and Indonesia.

 6Filed by Automated Filing Services Inc. (604) 609-0244 - Pengram Corp. - Exhibit 10.1

PURCHASE AGREEMENT

THIS AGREEMENT dated for reference the 16th day of June,
2006.

BETWEEN:

KIMBERLY SINCLAIR, of Suite
  818, 470 Granville Street, Vancouver, British 

  Columbia, Canada V6C 1V5

(hereinafter called the “Vendor”)

OF THE FIRST PART

AND:

PENGRAM CORPORATION, a Nevada corporation having
its registered 
office at 8275 S. Eastern Avenue, Suite 200, Las Vegas,
Nevada 89123

(hereinafter called the “Purchaser”)

OF THE SECOND PART

WHEREAS:

A. The Vendor is the beneficial owner of the mineral claim
described in Schedule “A” hereto (the“Property”);

B. The Vendor wishes to sell a 100% undivided interest in and
to the Property to the Purchaser and the Purchaser wishes to acquire such
interest pursuant to the terms and conditions hereinafter set out;

NOW THEREFORE THIS AGREEMENT WITNESSES that in
consideration of the premises and of the mutual covenants and agreements
hereinafter contained, the parties hereto agree as follows:

VENDOR’S REPRESENTATIONS AND WARRANTIES

	1. 		The Vendor represents and warrants to the Purchaser
    that:
	 	 	 
		(a) 	
      it has been duly incorporated, amalgamated or continued
      and validly exists as a corporation in good standing under the laws of its
      jurisdiction of incorporation, amalgamation or continuation;

	 	 	 
		(b) 	
      it is the sole recorded and beneficial owner of an
      undivided l00% interest in and to the Property;

	 	 	 
		(c) 	
      the claims comprising the Property have been, to the best
      of the information and belief of the Vendor, properly located and staked
      and recorded in compliance with the laws of the jurisdiction in which they
      are situate, are accurately described in Schedule “A” and are valid and
      subsisting mineral claims as at the date of this Agreement;

	 	 	 
		(d) 	
      the Property is in good standing under all applicable
      laws and regulations, all assessment work required to be performed and
      filed has been performed and filed, all taxes and other payments have been
      paid and all filings have been made;

	 	 	 
		(e) 	
      the Property is free and clear of any encumbrances, liens
      or charges and neither the Vendor nor, to the best of the Vendor’s
      knowledge, any of her predecessors in interest or title, have done
      anything whereby the Property may be encumbered; and

	 	 	 
		(f) 	
      it has the right to enter into this Agreement and to deal
      with the Property in accordance with the terms of this Agreement, there
      are no disputes over the title to the Property, and no other party has any
      interest in the Property or the production therefrom or any right to
      acquire any such interest.

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PURCHASER’S REPRESENTATIONS AND WARRANTIES

	2. 		The Purchaser represents and warrants to the Vendor that:
	 	 	 
		(a) 	
      it has been duly incorporated, amalgamated or continued
      and validly exists as a corporation in good standing under the laws of its
      jurisdiction of incorporation, amalgamation or continuation;

	 	 	 
		(b) 	
      it has duly obtained all corporate authorizations for the
      execution of this Agreement and for the performance of this Agreement by
      it, and the consummation of the transactions herein contemplated will not
      conflict with or result in any breach of any covenants or agreements
      contained in, or constitute a default under, or result in the creation of
      any encumbrance under the provisions of the Articles or the constating
      documents of the Purchaser or any shareholders’ or directors’ resolution,
      indenture, agreement or other instrument whatsoever to which the Purchaser
      is a party or by which it is bound or to which it or the Property may be
      subject; and

	 	 	 
		(c) 	
      no proceedings are pending for, and the Purchaser is
      unaware of any basis for the institution of any proceedings leading to,
      the dissolution or winding up of the Purchaser or the placing of the
      Purchaser in bankruptcy or subject to any other laws governing the affairs
      of insolvent corporations.

SURVIVAL OF REPRESENTATIONS AND WARRANTIES

3.                  
            The
representations and warranties in this Agreement shall survive the closing of
this transaction and shall apply to all assignments, conveyances, transfers and
documents delivered in connection with this Agreement and there shall not be any
merger of any representations and warranties in such assignments, conveyances,
transfers or documents notwithstanding any rule of law, equity or statute to the
contrary and all such rules are hereby waived. The Vendor shall have the right
to waive any representation and warranty made by the Purchaser in the Vendor’s
favour without prejudice to any of its rights with respect to any other breach
by the Purchaser and the Purchaser shall have the same right with respect to any
of the Vendor’s representations in the Purchaser’s favour.

PURCHASE AND SALE

4.                              
The Vendor hereby sells and assigns and the Purchaser hereby purchases a 100%
undivided interest in and to the Property for the sum of $6,000 US payable on
execution of this Agreement.

FURTHER ASSURANCES

5.                              
Upon payment of the Purchase Price the Vendor shall cause to be executed a Bill
of Sale or such other documents as the Purchaser may reasonably require
transferring a 100% undivided interest in and to the Property to the Purchaser
or its nominee which the Purchaser shall be at liberty to record forthwith. The
parties shall execute all further documents or assurances as may be required to
carry out the full intent of this Agreement.

NOTICE

6.                              
Each notice, demand or other communication required or permitted to be given
under this Agreement shall be in writing and shall be delivered, telegraphed or
telecopied to such party at the address for such party specified above. The date
of receipt of such notice, demand or other communication shall be the date of
delivery thereof if delivered or telegraphed or, if given by telecopier, shall
be deemed conclusively to be the next business day. Either party may at any time
and from time to time notify the other party in writing of a change of address
and the new address to which notice shall be given to it thereafter until
further change.

PAYMENT

7.                              
All references to monies hereunder will be in United States funds. All payments
to be made to any party hereunder may be made by check mailed or delivered to
such party to its address for notice purposes as provided herein.

-3-

ENTIRE AGREEMENT

8.                              
This Agreement constitutes the entire agreement between the parties and replaces
and supercedes all agreements, memoranda, correspondence, communications,
negotiations and representations, whether verbal or express or implied,
statutory or otherwise, between the parties with respect to the subject matter
herein.

GENDER

9.                              
Wherever the singular or neuter are used herein the same shall be deemed to
include the plural, feminine or masculine.

ENUREMENT

10.                              
This Agreement shall enure to the benefit of and be binding upon the parties
hereto and their respective successors and permitted assigns.

EXECUTION

11.                              
(a) Counterparts. This Agreement may be executed in one or more counterparts,
all of which will be considered one and the same agreement and will become
effective when one or more counterparts have been signed by each of the parties
and delivered to the other parties, it being understood that all parties need
not sign the same counterpart.

                           
          (b) Fax Execution. This Agreement may
  be executed by delivery of executed signature pages by fax and such fax execution
  will be effective for all purposes.

IN WITNESS WHEREOF this Agreement has been executed by
the parties hereto as of the day and year first above written.

VENDOR:

/s/ Kimberly
Sinclair
_______________________________
KIMBERLY
SINCLAIR

PURCHASER:
PENGRAM CORPORATION
by its
authorized signatory:

/s/ Bernie
Hoing
_______________________________
Signature of Authorized
Signatory

BERNIE HOING
_______________________________
Name
of Authorized Signatory

President, Secretary, Treasurer and
Director
_______________________________
Position of Authorized
Signatory

SCHEDULE “A”

THE PROPERTY

	Claim Name: 	Spelter 
	 	 
	Book and Instrument Numbers: 	20060525-0003273 
	 	 
	Map/File Page: 	MM 079 0067 

Located in the Yellow Pine Mining District, Clark County,
Nevada, USA

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