Document:

CONVERSION
      AGREEMENT

     

    This
      Conversion Agreement is dated as of July 26, 2006 (the “Conversion Agreement”)
      by and among the persons listed on the signature page hereto (each a “Lender”
and collectively, the “Lenders”), on the one hand, and XACT AID, Inc., a Nevada
      corporation (the “Company”), on the other hand. The Lenders and the Company are
      collectively referred to herein as the “Parties.” This Conversion Agreement is
      made with reference to the following:

     

    A. Pursuant
      to that certain Securities Purchase Agreement dated as of November 9, 2004,
      (the
“Purchase Agreement”) among the Lenders and the Company, the Company issued to
      the Lenders an aggregate of $1,000,000 principal amount of 10% Callable Secured
      Notes (the “Notes”) and, in connection therewith, issued warrants to purchase an
      aggregate of 3,000,000 shares of the Company’s Common Stock (the
“Warrants”).

     

    B. To
      secure
      the Company’s obligations under the Purchase Agreement and the Notes, the
      Company executed and delivered to the Lenders a Security Agreement dated as
      of
      November 9, 2004 (the “Security Agreement”) and an Intellectual Property
      Security Agreement dated as of November 9, 2004 (the “Intellectual Property
      Security Agreement”) pursuant to which the Company granted to the Lenders
      security interests (the “Security Interests”) in certain property of the Company
      as described in such agreements (collectively, the “Collateral”). Additionally,
      pursuant to a Guaranty and Pledge Agreement dated as of November 9, 2004 (the
      “Guaranty Agreement”) among the Company, the Lenders and Federico G. Cabo
      (“Cabo). Cabo guaranteed certain of the obligations of the Company under the
      Notes and, in connection therewith, granted to the Lenders a security interest
      in all of the shares owed by Cabo (the “Pledged Shares”).

     

    C. In
      connection with the issuance of the Notes and Warrants, the Company and the
      Lenders entered into a Registration Rights Agreement dated as of November 9,
      2004 (the “Registration Rights Agreement”) pursuant to which the Company was
      obligated to register the resale of shares of the Company’s common stock
      issuable upon conversion of the Notes and exercise of the Warrants together
      with
      certain other securities.

     

    D. Pursuant
      to that certain Share Exchange Agreement dated as of July 15, 2006 (the
“Exchange Agreement”) among the Company, Fred DeLuca, Corich Enterprises, Inc.
      (“Corich”), Herbert Adamczyk (“Adamczyk”) and Technorient Limited
      (“Technorient”) the Company has agreed to acquire from Corich and Adamczyk (the
“Sellers”) and Sellers have agreed to sell to the Company shares of the capital
      stock of Technorient representing 49% of the outstanding capital stock of
      Technorient on a fully diluted basis (the “Technorient Shares”) in exchange (the
“Share Exchange”) for the issuance to Sellers and Orient Financial Services Ltd.
      of 972,728 shares of the Company’s Series A Convertible Preferred Stock,
      convertible into 89,689,881 shares of the Company’s Common Stock representing
      53.5% of the Company’s capital stock on a fully diluted basis after taking into
      account the transactions set forth in the Exchange Agreement.

     

    C. It
      is a
      condition to the closing of the Exchange Agreement that the Notes be converted
      into the common stock of the Company.

    
      
        
        

      

      
        
        

        
          

        

      

       

    

     

    D. The
      Lenders are willing to agree to such conversion on the terms and conditions
      set
      forth herein.

     

    NOW
      THEREFORE, the parties hereto agree as follows:

     

    ARTICLE
      I

    CONVERSION

     

    Upon
      the
      terms and conditions set forth herein, concurrently with the closing of the
      Exchange (the “Closing”), the Lenders hereby agree to convert (the “Conversion”)
      all of the Notes including all accrued and unpaid interest thereon through
      the
      date of Closing, into 5,029,337 shares of the Company’s Common Stock. In
      connection with the Conversion and as additional consideration for the issuance
      of the Conversion Shares, at the Closing (a) all executory obligations of the
      Company to the Lenders shall be extinguished and cancelled including, without
      limitation, all amounts due under the Purchase Agreement, the Notes, the
      Security Agreement, the Intellectual Property Security Agreement, and the
      Registration Rights Agreement, and (b) the Warrants shall be
      cancelled.

     

    ARTICLE
      II

    REPRESENTATIONS
      AND

    WARRANTIES
      OF THE COMPANY

     

    The
      Company represents and warrants to the Lenders that:

     

    2.1 Due
      Organization and Qualification; Due Authorization. 

     

    (a) The
      Company is a corporation duly incorporated, validly existing and in good
      standing under the laws of the State of Nevada, with full corporate power and
      authority to own, lease and operate its respective business and properties
      and
      to carry on its business in the places and in the manner as presently conducted
      or proposed to be conducted. 

     

    (b) The
      Company has all requisite corporate power and authority to execute and deliver
      this Agreement, and to consummate the transactions contemplated hereby. The
      Company has taken all corporate action necessary for the execution and delivery
      of this Agreement and the consummation of the transactions contemplated hereby,
      and this Agreement constitutes the valid and binding obligation of the Company,
      enforceable against the Company in accordance with its terms, except as may
      be
      affected by bankruptcy, insolvency, moratoria or other similar laws affecting
      the enforcement of creditors’ rights generally and subject to the qualification
      that the availability of equitable remedies is subject to the discretion of
      the
      court before which any proceeding therefore may be brought.

     

    2.2 No
      Conflicts or Defaults.
      The
      execution and delivery of this Agreement by the Company and the consummation
      of
      the transactions contemplated hereby do not and shall not (a) contravene the
      Articles of Incorporation or By-laws of the Company, or (b) with or without
      the
      giving of notice or the passage of time (i) violate, conflict with, or result
      in
      a breach of, or a default or loss of rights under, any material covenant,
      agreement, mortgage, indenture, lease, instrument, permit or license to which
      the Company is a party or by which the Company is bound, or any judgment, order
      or decree, or any law, rule or regulation to which the Company is subject,
      (ii)
      result in the creation of, or give any party the right to create, any lien,
      charge, encumbrance or any other right or adverse interest upon any of the
      assets of the Company, (iii) terminate or give any party the right to terminate,
      amend, abandon or refuse to perform, any material agreement, arrangement or
      commitment to which the Company is a party or by which the Company’s assets are
      bound, or (iv) accelerate or modify, or give any party the right to accelerate
      or modify, the time within which, or the terms under which, the Company is
      to
      perform any duties or obligations or receive any rights or benefits under any
      material agreement, arrangement or commitment to which it is a
      party.

    
      
        
        

      

      
        2

        
          

        

      

       

    

     

    ARTICLE
      III

    REPRESENTATIONS
      AND WARRANTIES OF LENDERS

     

    Each
      of
      the Lenders severally represents and warrants to the Company that:

     

    3.1 Due
      Organization and Qualification; Due Authorization. 

     

    (a) Each
      Lender is a company duly organized, validly existing and in good standing under
      the laws of its jurisdiction of organization, with full power and authority
      to
      own, lease and operate its business and properties and to carry on its business
      in the places and in the manner as presently conducted or proposed to be
      conducted. 

     

    (b) Each
      Lender has all requisite power and authority to execute and deliver this
      Agreement, and to consummate the transactions contemplated hereby and thereby.
      Each Lender has taken all action necessary for the execution and delivery of
      this Agreement and the consummation of the transactions contemplated hereby,
      and
      this Agreement constitutes the valid and binding obligation of each Lender,
      enforceable against each Lender in accordance with its terms, except as may
      be
      affected by bankruptcy, insolvency, moratoria or other similar laws affecting
      the enforcement of creditors' rights generally and subject to the qualification
      that the availability of equitable remedies is subject to the discretion of
      the
      court before which any proceeding therefore may be brought. 

     

    3.2 No
      Conflicts or Defaults.
      The
      execution and delivery of this Agreement by each Lender and the consummation
      of
      the transactions contemplated hereby do not and shall not (a) contravene the
      constitutional documents of such Lender, or (b) with or without the giving
      of
      notice or the passage of time, (i) violate, conflict with, or result in a breach
      of, or a default or loss of rights under, any material covenant, agreement,
      mortgage, indenture, lease, instrument, permit or license to which such Lender
      is a party or by which such Lender or any of its assets are bound, or any
      judgment, order or decree, or any law, rule or regulation to which their assets
      are subject, (ii) result in the creation of, or give any party the right to
      create, any lien upon any of the assets of such Lender, (iii) terminate or
      give
      any party the right to terminate, amend, abandon or refuse to perform any
      material agreement, arrangement or commitment to which such Lender is a party
      or
      by which such Lender or any of its assets are bound, or (iv) accelerate or
      modify, or give any party the right to accelerate or modify, the time within
      which, or the terms under which such Lender is to perform any duties or
      obligations or receive any rights or benefits under any material agreement,
      arrangement or commitment to which it is a party. 

    
      
        
        

      

      
        3

        
          

        

      

       

    

     

    3.3 Title
      to Notes and Warrants.
      Each of
      the Lenders is the legal and beneficial owner of the Notes and Warrants as
      set
      forth on the signature page hereto and has not assigned, pledged or entered
      into
      any agreement pertaining to the sale, disposition or encumbrance of the Notes
      or
      Warrants or the securities underlying the Notes or Warrants.

     

    3.4 Purchase
      for Investment. 

     

    (a) Each
      of
      the Lenders is acquiring the Conversion Shares to be issued to such Lender
      for
      investment for such Lender's own account and not as a nominee or agent, and
      not
      with a view to the resale or distribution of any part thereof, and Lenders
      have
      no present intention of selling, granting any participation in, or otherwise
      distributing the same.

     

    (b) Each
      of
      the Lenders understands that the Conversion Shares to be issued to such Lender
      are not registered under the Securities Act on the ground that the sale and
      the
      issuance of securities hereunder is exempt from registration under the Act
      pursuant to Section 4(2) thereof, and that the Company's reliance on such
      exemption is predicated on such Lender's representations set forth herein.
      Each
      Lender is an “accredited investor” as that term is defined in Rule 501(a) of
      Regulation D under the Act. 

     

    3.5 Investment
      Experience.
      Each of
      the Lenders acknowledges that it can bear the economic risk of its investment,
      and has such knowledge and experience in financial and business matters that
      it
      is capable of evaluating the merits and risks of the investment in the
      Conversion Shares to be issued to such Lender.

     

    3.6 Information.
      Each of
      the Lenders has carefully reviewed such information as such Lender deemed
      necessary to evaluate an investment in the Conversion Shares to be issued to
      such Lender. To the full satisfaction of each Lender, it has been furnished
      all
      materials that it has requested relating to the Company and Technorient and
      the
      issuance of the Conversion Shares hereunder, and each of the Lenders has been
      afforded the opportunity to ask questions of representatives of the Company
      to
      obtain any information necessary to verify the accuracy of any representations
      or information made or given to the Lenders. 

     

    3.7 Restricted
      Securities.
      Each of
      the Lenders understands that the Conversion Shares may not be sold, transferred,
      or otherwise disposed of without registration under the Act or an exemption
      therefrom, and that, in the absence of an effective registration statement
      covering the Conversion Shares or any available exemption from registration
      under the Act, the Conversion Shares must be held indefinitely. Each of the
      Lenders is aware that the Conversion Shares to be issued to it may not be sold
      pursuant to Rule 144 promulgated under the Act unless all of the conditions
      of
      that Rule are met. Among the conditions for use of Rule 144 may be the
      availability of current information to the public about the
      Company.

     

    ARTICLE
      IV

    COVENANTS

     

    4.1 Further
      Assurances.
      Each of
      the Parties shall use its reasonable commercial efforts to proceed promptly
      with
      the transactions contemplated herein, to fulfill the conditions precedent for
      such party’s benefit or to cause the same to be fulfilled and to execute such
      further documents and other papers and perform such further acts as may be
      reasonably required or desirable to carry out the provisions of this Agreement
      and to consummate the transactions contemplated herein.

    
      
        
        

      

      
        4

        
          

        

      

       

    

     

    ARTICLE
      V

    CONDITIONS
      PRECEDENT

     

    5.1 Conditions
      Precedent to Closing.
      The
      obligations of the Parties under this Agreement shall be and are subject to
      fulfillment, prior to or at the Closing, of each of the following
      conditions:

     

    (a) That
      each
      of the representations and warranties of the Parties contained herein shall
      be
      true and correct at the time of the Closing date as if such representations
      and
      warranties were made at such time except for changes permitted or contemplated
      by this Agreement; and

     

    (b) That
      the
      Parties shall have performed or complied with all agreements, terms and
      conditions required by this Agreement to be performed or complied with by them
      prior to or at the time of the Closing.

     

    5.2 Conditions
      to Obligations of Lenders.
      The
      obligations of Lenders shall be subject to fulfillment prior to or at the
      Closing, of each of the following conditions: 

     

    (a) Lenders
      shall have received certificates evidencing the Conversion Shares in such
      denominations as indicated by Lenders at least three business days prior to
      Closing; and

     

    (b) The
      Share
      Exchange shall be completed in accordance with the terms of the Exchange
      Agreement concurrently with the Conversion.

     

    5.3 Conditions
      to Obligations of the Company.
      The
      obligations of the Company shall be subject to fulfillment at or prior to or
      at
      the Closing, of each of the following conditions:

     

    (a) The
      Company shall have received the originals of the Notes and the Warrants marked
      cancelled;

     

    (b) Lenders
      shall have provided the Company with appropriate release documents with respect
      to all Security Interests in the Collateral granted to the Lenders.

     

    (c) The
      Lenders shall have executed such release documents as are necessary to release
      Cabo from the Guaranty and shall have returned to Cabo all of the Pledged
      Shares.

     

    ARTICLE
      VI

    MISCELLANEOUS

     

    6.1 Survival
      of Representations, Warranties and Agreements.
      All
      representations and warranties and statements made by a party to in this
      Agreement or in any document or certificate delivered pursuant hereto shall
      survive the Closing Date for two years. Each of the parties hereto is executing
      and carrying out the provisions of this agreement in reliance upon the
      representations, warranties and covenants and agreements contained in this
      agreement or at the closing of the transactions herein provided for and not
      upon
      any investigation which it might have made or any representations, warranty,
      agreement, promise or information, written or oral, made by the other party
      or
      any other person other than as specifically set forth herein.

    
      
        
        

      

      
        5

        
          

        

      

       

    

     

    6.2 Further
      Assurances.
      If, at
      any time after the Closing, the parties shall consider or be advised that any
      further deeds, assignments or assurances in law or that any other things are
      necessary, desirable or proper to complete the merger in accordance with the
      terms of this agreement or to vest, perfect or confirm, of record or otherwise,
      the title to any property or rights of the parties hereto, the Parties agree
      that their proper officers and directors shall execute and deliver all such
      proper deeds, assignments and assurances in law and do all things necessary,
      desirable or proper to vest, perfect or confirm title to such property or rights
      and otherwise to carry out the purpose of this Agreement, and that the proper
      officers and directors the parties are fully authorized to take any and all
      such
      action.

     

    6.3 Notice.
      All
      communications, notices, requests, consents or demands given or required under
      this Agreement shall be in writing and shall be deemed to have been duly given
      when delivered to, or received by prepaid registered or certified mail or
      recognized overnight courier addressed to, or upon receipt of a facsimile sent
      to, the party for whom intended, as follows, or to such other address or
      facsimile number as may be furnished by such party by notice in the manner
      provided herein:

     

    
      	
              Attention:

            
	 
	
              If
                to the Lenders:

            
	 
	
              AJW
                Partners, LLC

              AJW
                Offshore, Ltd.

              AJW
                Qualified Partners, LLC

              New
                Millennium Capital Partners II, LLC

              1044
                Northern Boulevard, Suite 302

              Roslyn,
                New York 11576

              Facsimile
                No.: (516) 739-7115

              Attn:
                Corey S. Ribotsky

            
	 
	
              If
                to the Company:

            
	 
	
              143
                Triunto Canyon Road, Suite 104

              Westlake
                Village, California 91361

              Attention:
                Mr. Fred De Luca

            

    

    

    6.4 Entire
      Agreement.
      This
      Agreement and any instruments and agreements to be executed pursuant to this
      Agreement, sets forth the entire understanding of the parties hereto with
      respect to its subject matter, merges and supersedes all prior and
      contemporaneous understandings with respect to its subject matter and may not
      be
      waived or modified, in whole or in part, except by a writing signed by each
      of
      the parties hereto. 

    
      
        
        

      

      
        6

        
          

        

      

       

    

     

    6.5 Successors
      and Assigns.
      This
      Agreement shall be binding upon, enforceable against and inure to the benefit
      of, the parties hereto and their respective heirs, administrators, executors,
      personal representatives, successors and assigns, and nothing herein is intended
      to confer any right, remedy or benefit upon any other person. This Agreement
      may
      not be assigned by any party hereto except with the prior written consent of
      the
      other parties, which consent shall not be unreasonably withheld.

     

    6.6 Governing
      Law.
      This
      Agreement shall in all respects be governed by and construed in accordance
      with
      the laws of the State of Nevada are applicable to agreements made and fully
      to
      be performed in such state, without giving effect to conflicts of law
      principles.

     

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

     

    6.8 Construction.
      Headings contained in this Agreement are for convenience only and shall not
      be
      used in the interpretation of this Agreement. References herein to Articles,
      and
      Sections are to the articles, sections and exhibits, respectively, of this
      Agreement. As used herein, the singular includes the plural, and the masculine,
      feminine and neuter gender each includes the others where the context so
      indicates.

     

    6.9 Severability.
      If any
      provision of this Agreement is held to be invalid or unenforceable by a court
      of
      competent jurisdiction, this Agreement shall be interpreted and enforceable
      as
      if such provision were severed or limited, but only to the extent necessary
      to
      render such provision and this Agreement enforceable.

     

    6.10 Expenses.
      Each
      Party shall separately pay for their respective costs of legal services,
      accounting, auditing, communications and due diligence in connection with the
      transactions contemplated hereby.

     

    IN
      WITNESS WHEREOF, the Lenders and the Company have caused this Conversion
      Agreement to be executed as of the date first written above.

    
      	 	 	 
	 	
              COMPANY:

               

              
                XACT
                  AID, INC.

              

            
	 
 	 
 	 
 
	
            	By  	
            
	 	
              

              President

            

    

     

    
      
        
        

      

      
        7

        
          

        

      

      
        
        

      

    

    
      	 	 	 
	 
              
               

              Amount
                of Note:

              Number
                of Warrants:

              Number
                of Conversion Shares:

            	
              
                LENDERS:

                 

              

              
                AJW
                  PARTNERS, LLC

                By:
                  SMS Group, LLC

              

            
	 
 	 
 	 
 
	
            	By  	
            
	 	
              

              
                Corey
                  S. Ribotsky, Manager

              

            

    

     

    
      	 	 	 
	
              Amount
                of Note:

              Number
                of Warrants:

              Number
                of Conversion Shares:

            	
              
                AJW
                  OFFSHORE, LTD.

              

              
                
                  By:
                    First Street Manager II, LLC

                

              

            
	 
 	 
 	 
 
	
            	By  	
            
	 	
              

              
                Corey
                  S. Ribotsky, Manager

              

            

      	 	 	 
	
              Amount
                of Note:

              Number
                of Warrants:

              Number
                of Conversion Shares:

            	
              
                
                  AJW
                    QUALIFIED PARTNERS, LLC.

                  By:
                    AJW
                    Manager, LLC

                

              

            
	 
 	 
 	 
 
	
            	By  	
            
	 	
              

              
                Corey
                  S. Ribotsky, Manager

              

            

    

     

    
      	 	 	 
	
              Amount
                of Note:

              Number
                of Warrants:

              Number
                of Conversion Shares:

            	
              
                
                  
                    NEW
                      MILLENNIUM CAPITAL

                    PARTNERS
                      II, LLC.

                    By:
                      FIRST
                      STREET MANAGER II, LLC

                  

                

              

            
	 
 	 
 	 
 
	
            	By  	
            
	 	
              

              
                Corey
                  S. Ribotsky, Manager

              

            

    

     

    
      
        
        

      

      
        8Dated
      15 July 2006

     

    

    XACT
      AID, INC.

    
 

    and

     

     

    HAPPY
      EMERALD LIMITED

    
 

    
      	
              
                

              

              CONSULTANCY
                SERVICES AGREEMENT 

                

              

            

    

     

    
      
        
        

      

      
        
        

        
          

        

      

       

    

    

    THIS
      AGREEMENT is made on the 15 day of July 2006 BETWEEN:

     

    
      	
              (1)

            	
              XACT
                AID, INC. a company incorporated in Nevada with its place of business
                at
                143 Triunfo Canyon Road, Westlake Village, California 91361, USA
                (the
                “Company”); and

            

    

     

    
      	
              (2)

            	
              HAPPY
                EMERALD LIMITED whose registered office is at Road Town, Tortola
                British
                Virgin Islands (the “Consultant”).

            

    

     

    WHEREAS
      the Company wishes the Consultant to provide certain services to the Group
      (as
      hereinafter defined) in connection with its business operations and the
      Consultant is willing to provide such services in accordance with the terms
      and
      conditions set out herein.

     

    IT
      IS
      HEREBY AGREED as follows:

     

    
      	1.	
              INTERPRETATION

            

    

     

    1.1  In
      this
      Agreement, unless the context requires otherwise:

     

    “associated
      company” means, in relation to the Company, any subsidiary or holding company of
      the Company, any subsidiary of any such holding company, and any company in
      which the Company or any such holding company holds or controls directly or
      indirectly not less than 20% of the issued share capital;

     

    “Group”
      means the Company and its associated companies from time to time and “member of
      the Group” shall be construed accordingly;

     

    “Services”
      means the services set out in Schedule 1; and

     

    “subsidiary”
      and “holding company” have the meanings attributed to them in Section 2 of
      the Companies Ordinance (Chapter 32 of the Laws of Hong Kong).

     

    1.2  References
      herein to Clauses and Schedules are to Clauses and Schedules in this Agreement
      unless the context requires otherwise.

     

    1.3  The
      headings are inserted for convenience only and shall not affect the construction
      of this Agreement.

     

    1.4  Unless
      the context requires otherwise, words importing the singular include the plural
      and vice versa and words importing a gender include every gender.

     

    
      	2.	
              APPOINTMENT

            

    

     

    2.1  The
      Company hereby confirms the engagement of the Consultant and the Consultant
      hereby confirms its agreement to make available to the Group the Services upon
      and subject to the terms set out in this Agreement.

     

    2.2  The
      engagement of the Consultant to provide the Services shall commence on
      1 September 2006 until the termination hereof in accordance with the
      provisions of Clause 9.

    
      
        
        

      

      
        
        

        
          

        

      

       

    

     

    
      	3.	
              CONSULTANT’S
                UNDERTAKINGS

            

    

     

    The
      Consultant warrants and undertakes to the Company that:

     

    (a)  the
      Consultant will have the necessary skill and expertise to provide the Services
      in the terms set out herein;

     

    (b)  the
      Consultant will provide independent and unbiased advice to the Group in relation
      to the Services;

     

    (c)  the
      Services will be provided in a timely and professional manner and in accordance
      with the time schedules reasonably stipulated by the Company, will conform
      to
      the standards generally observed in the industry for similar services and will
      be provided with reasonable skill and care;

     

    (d)  the
      Consultant will not, without the prior written consent of the Company, accept
      any commission or gift or other financial benefit or inducement from any third
      party in connection with the provision of the Services by the Consultant
      hereunder and will ensure that its employees, agents and subcontractors will
      not
      accept the same and will forthwith give the Company details of any such
      commission, gift, benefit or inducement which may be offered; and

     

    (e)  no
      announcement or publicity concerning this Agreement or the Services or any
      matter ancillary thereto shall be made by the Consultant without the prior
      written consent of the Company.

     

    
      	4.	
              COMPANY’S
                OBLIGATIONS

            

    

     

    The
      Company shall:

     

    (a)  make
      available to the Consultant such office and secretarial services as may be
      necessary for its work under this Agreement;

     

    (b)  ensure
      that the Group’s employees co-operate fully with the Consultant in relation to
      the provision of the Services; and

     

    (c)  promptly
      furnish the Consultant with such information and documents as it may reasonably
      request for the proper performance of its obligations hereunder.

     

    
      	5.	
              PERSONNEL

            

    

     

    5.1  The
      parties shall each appoint a representative who shall have full authority to
      take all necessary decisions regarding the Services.

     

    5.2  The
      parties shall procure their representatives to meet at least once a month during
      the continuance of this Agreement to discuss and minute the progress of the
      Services.

    
      
        
        

      

      
        -2-

        
          

        

      

       

    

     

    
      	6.	
              FEES
                AND EXPENSES

            

    

     

    6.1  In
      consideration of the provision of the Services, the Company shall issue to
      the
      Consultant 561,245 Convertible Preferred Common Stock in the Company credited
      as
      fully paid, such Convertible Preference Common Stock to contain such rights,
      privileges and preferences as set forth in Schedule 2 attached hereto, to
      be issued in advance for the Services to be performed.

     

    
      	7.	
              CONFIDENTIAL
                INFORMATION

            

    

     

    7.1  The
      Consultant shall not use or divulge or communicate to any person (other than
      those whose province it is to know the same or with the authority of the
      Company):

     

    (a)  any
      confidential information concerning the products, customers, business, accounts,
      finance or contractual arrangements or other dealings, transactions or affairs
      of the Group which may come to the Consultant’s knowledge in the course of
      providing the Services;

     

    (b)  any
      information concerning the Services

     

    and
      the
      Consultant shall use its best endeavours to prevent the unauthorised publication
      or disclosure of any such information or documents.

     

    7.2  The
      Consultant shall ensure that its employees, agents and sub-contractors are
      aware
      of and comply with the confidentiality and non-disclosure provisions contained
      in this Clause and the Consultant shall indemnify the Group against any loss
      or
      damage which the Group may sustain or incur as a result of any breach of
      confidence by any of such persons.

     

    7.3  If
      the
      Consultant becomes aware of any breach of confidence by any of its employees,
      agents or sub-contractors it shall promptly notify the Company and give the
      Group all reasonable assistance in connection with any proceedings which the
      Group may institute against any such persons.

     

    7.4  The
      provisions of this Clause shall survive the expiration or termination of this
      Agreement but the restrictions contained in Clause 7.1 shall cease to apply
      to any information which may come into the public domain otherwise than through
      unauthorised disclosure by the Consultant, its employees, agents or
      sub-contractors.

     

    
      	8.	
              ASSIGNMENT

            

    

     

    The
      Consultant shall not be entitled to assign or sub-contract any of its rights
      or
      obligations under this Agreement.

     

    
      	9.	
              TERMINATION

            

    

     

    9.1  Either
      party shall be entitled to terminate this Agreement at any time by giving
      180 days’ prior notice in writing to the other.

    
      
        
        

      

      
        -3-

        
          

        

      

       

    

     

    9.2  Either
      party (the “non-defaulting party”) shall be entitled to terminate this Agreement
      forthwith by giving notice in writing to the other (the “defaulting party”) if
      the defaulting party shall:

     

    (a)  commit
      any serious or persistent breach of any of its obligations hereunder and (in
      the
      case of a breach capable of being remedied) shall have failed, within
14
      days
      after the receipt of a written request from the non-defaulting party so to
      do,
      to remedy the breach (such request to contain a warning of the non-defaulting
      party’s intention to terminate);

     

    (b)  pass
      a
      resolution for winding up (otherwise than for the purpose of a bona fide scheme
      of solvent amalgamation or reconstruction) or a court of competent jurisdiction
      shall make an order to that effect;

     

    (c)  make
      any
      voluntary arrangement with its creditors or become subject to an administration
      order;

     

    (d)  have
      a
      receiver or administrative receiver appointed of it or over any part of its
      undertaking or assets; or

     

    (e)  cease,
      or
      threaten to cease, to carry on business.

     

    9.3  On
      the
      termination of this Agreement:

     

    (a)  all
      rights and obligations of the parties under this Agreement shall automatically
      terminate except for such rights of action as shall have accrued prior thereto
      and any obligations which expressly or by implication are intended to come
      into
      or continue in force on or after such termination;

     

    (b)  the
      Consultant shall give the Company, at its request, all reasonable cooperation
      in
      transferring all sub-contracts made by the Consultant hereunder to the extent
      that the sub-contractors so approve.

     

    
      	10.	
              INDEMNITY

            

    

     

    The
      Consultant shall indemnify the Group and keep the Group fully and effectively
      indemnified against any and all losses, claims, damages, costs, charges,
      expenses, liabilities, demands, proceedings and actions which the Group may
      sustain or incur or which may be brought or established against it by any person
      and which in any case arises out of or in relation to or by reason
      of:

     

    (a)  the
      negligence, recklessness or wilful misconduct of the Consultant, its employees,
      agents or subcontractors ill the provision of the Services;

     

    (b)  the
      breach of any of the warranties and undertakings contained in Clause 3
      hereof; or

     

    (c)  any
      unauthorised act or omission of the Consultant, its employees, agents or
      sub-contractors.

    
      
        
        

      

      
        -4-

        
          

        

      

       

    

     

    
      	11.	
              FORCE
                MAJEURE

            

    

     

    Neither
      party shall be liable for any delay in performing any of its obligations under
      this Agreement if such delay is caused by circumstances beyond the reasonable
      control of the party so delaying and such party shall be entitled (subject
      to
      giving the other party full particulars of the circumstances in question and
      to
      using its best endeavours to resume full performance without avoidable delay)
      to
      a reasonable extension of time for the performance of such
      obligations.

     

    
      	12.	
              RELATIONSHIP
                OF THE PARTIES

            

    

     

    The
      Consultant is an independent contractor and nothing in this Agreement shall
      render it an agent or partner or employee of the Group and the Consultant shall
      not hold itself out as such. The Consultant shall not have any right or power
      to
      bind any member of the Group to any obligation.

     

    
      	13.	
              GENERAL
                PROVISIONS

            

    

     

    13.1  Any
      notice, demand or other communication between the parties:

     

    (a)  may
      be
      sent by personal delivery, post, facsimile or other written form of electronic
      communication to the last known address;

     

    (b)  if
      sent
      by post to an address in Hong Kong, shall be treated as served on the second
      day
      following dispatch;

     

    (c)  if
      sent
      by facsimile or other form of electronic communication, shall be treated as
      served at the time of sending.

     

    13.2  Any
      accommodation or indulgence or failure to enforce a right shall not be construed
      as a waiver of the right of any party exercisable under this Agreement unless
      a
      waiver shall be specifically stated in writing signed by such
      party.

     

    13.3  This
      Agreement constitutes the entire understanding between the parties concerning
      the subject matter hereof. No amendments or changes shall be made to this
      Agreement unless agreed to in writing by both parties. Each provision of this
      Agreement shall be construed separately and notwithstanding that the whole
      or
      any part of any such provision may prove to be illegal or unenforceable the
      other provisions of this Agreement and the remainder of the provision in
      question shall continue in full force and effect.

     

    13.4  Each
      party shall bear its own costs and expenses in connection with the preparation,
      negotiation and execution of this Agreement.

     

    13.5  The
      formation, validity, performance and interpretation of this Agreement and of
      each Clause and part hereof shall be governed by the laws of Hong Kong and
      the
      parties agree to the non-exclusive jurisdiction of the courts of Hong
      Kong.

    
      
        
        

      

      
        -5-

        
          

        

      

       

    

     

    IN
      WITNESS WHEREOF the parties hereto have signed this Agreement the day and year
      first above written.

     

    SIGNED
      by:

     

    
       

      
        
          

        

      

      for
        and
        on behalf of XACT
        AID, INC.

      in
        the
        presence of:

       

      SIGNED
        by:

       

       

        
          

        

      

      
        for
          and
          on behalf of HAPPY
          EMERALD LIMITED

        in
          the
          presence of:

      

      

        
          
            
            

          

          
            -6-

            
              

            

          

           

        

      

    

     

    SCHEDULE 1

     

    The
      Services

     

    All
      kind of advisory services in relation to the business operation of the Company
      including but not limited to marketing, business development and
      branding.

    
      
        
        

      

      
        S-1-1

        
          

        

      

       

    

     

    SCHEDULE 2

     

    TERMS
      OF
      CONVERTIBLE PREFERRED COMMON STOCK

     

    LIQUIDATION
      PREFERENCE:
      $4.00
      per share.

     

    DIVIDENDS:
      No
      mandatory dividends.

     

    CONVERSION:
      Upon
      full conversion, the Convertible Preferred Common Stock will be convertible
      into
      51,749,314 shares of the Company’s Common Stock (subject to customary
      adjustments for stock splits, reorganizations, recapitulations,
      etc.).

     

    VOTING:
      Same as
      common stock voting rights.

    
      
        
        

      

      
        S-2-1

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