Document:

Exhibit 10.1

DATED                                                     March 24, 2011

 

 

 

 

_____________________________________________________

SERVICE PROVIDER AGREEMENT

_____________________________________________________

 

 

 

 

 

	
TABLE OF CONTENTS

	
1
	
TELUPAY RESPONSIBILITIES
	
1

	
2
	
CELLUSERV RESPONSIBILITIES
	
2

	
3
	
ACCEPTANCE
	
2

	
4
	
FEES
	
2

	
5
	
TERM
	
2

	
6
	
LIMITED USE
	
2

	
7
	
EXCLUSIVITY
	
3

	
8
	
MAINTENANCE SERVICES
	
3

	
9
	
ENHANCEMENTS AND MODIFICATIONS
	
3

	
10
	
CONFIDENTIALITY
	
3

	
11
	
TERMINATION
	
4

	
12
	
LIMITATION OF LIABILITY
	
4

	
13
	
TELUPAY SERVICES INDEMNITY
	
4

	
14
	
EMPLOYEE RECRUITING
	
5

	
15
	
RELATIONSHIP OF PARTIES
	
5

	
16
	
TAXES
	
5

	
17
	
DISPUTES
	
5

	
18
	
APPLICABLE LAW
	
5

	
19
	
ENTIRE AGREEMENT
	
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THIS SERVICE PROVIDER AGREEMENT is made on March 24, 2011

BETWEEN:

(1)       TELUPAY SOLUTIONS LIMITED, incorporated in incorporated in Jersey, whose registered address is First Floor, 17 The Esplanade, St. Helier, Jersey JE2 3QA ("Telupay"); and

(2)       CELLUSERV, INC., a Guam corporation whose mailing address is 137 Murray Blvd., Suite 28, Hagåtña, Guam 96910 ("Celluserv")

Collectively known as "Parties"

RECITALS:

CelluServ has established agreements and connectivity with Mobile Network Operators ("MNO") in Micronesia to sell and electronically distribute MNO Prepaid Airtime and Prepaid Long Distance products ("MNO Prepaid Products").

Telupay has the expertise and resources to provide services electronically distributing MNO prepaid products and services provisioning the monetary settlement of sales and commissions for said products and services ("Services").

Celluserv shall avail of and Telupay shall provide Telupay Services (as defined below), covering Micronesia which includes Guam, the Commonwealth of the Northern Marianas, the Republic of Palau, the Federated States of Micronesia (Yap, Pohnpei, Chuuk, and Kosrae), Truk, the Marshall Islands, Kiribati, and Wake Island ("Territory").

Both Parties desire to create the basis for a close and long-term relationship and, therefore, wish to establish this Agreement in which both Parties will cooperate together to sell and electronically distribute products and services to potential clients.

IT IS AGREED as follows:

1       Telupay Responsibilities
1.1       Provide its services and related products based on the specifications and functionality as outlined in Schedule A, to be utilized for the sale, electronic processing, and settlement of MNO Prepaid Products and Services. This includes the server-based transaction processing software, point-of-sale software, mobile agent applet, pin repository and distribution software, application program interface to MNO prepaid systems, website software, and application program interface to Telupay Mobile Banking System (collectively the "Telupay Services").

1.2       Make available to CelluServ application interfaces for all phone applets that Telupay has licenses for and has developed as part of the Telupay Services.

1.3       Deliver Telupay Services and install them on CelluServ servers and equipment within the Territory.

1.4       Provide training services and manuals for each product described above guided by Schedule A.

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2       Celluserv Responsibilities
2.1       Source and provide the hardware requirements at its own expense and be responsible for ensuring that the hardware provided meets the Server Hardware Requirements outlined by Telupay in Schedule "A".

2.2       Use its best effort to promote and market MNO Prepaid Products and Services.

2.3       Provide Telupay's clients access to sell MNO Prepaid Products and Services.

2.4       Provide Telupay authorized personnel with full, free, and safe 24/7 access to its equipment for purposes of support, including the use of computer and data communication facilities, if required.

3       Acceptance

When Telupay determines the Telupay Services has been achieved , Telupay shall provide written notification of such fact to CelluServ. CelluServ shall have an acceptance period of thirty (30) working days, from the date of receipt of Telupay's notice, in which to conduct tests to determine if the Telupay Services has been achieved. On or prior to the expiration of this acceptance period, CelluServ shall provide to Telupay a written notice of either, (1) acceptance, or (2) notice of non-achievement and rejection of same.

4       Fees

CelluServ shall pay Telupay a Service Fee equivalent to TWENTY TWO and a HALF percent (22.5%) of the gross transaction fees earned from MNO Prepaid Products through its use of the Telupay Services less half of the total SMS, MMS, IP Packet and other message or mobile transmission costs incurred for said transactions covered by this Agreement. Service fees shall be paid and extracted utilizing Telupay Services during the settlement process of all transactions either real time or as part of the financial institution's daily end-of-day batch process, or however the bank prefers its settlement procedures.

5       Term

This Agreement is for one (1) year and is automatically renewable for successive like periods of one year for each anniversary of the Effective Date unless either Party, at least three (3) months prior to the next anniversary date, should give written notice of termination .

6       Limited Use

Telupay hereby grants to CelluServ access within the Territory to use the Telupay Services (to include Program Disks and the computer programs contained therein in machine-readable , object code form only), and the accompanying Services Documentation which means to include the services and training manuals, user instructions , technical literature and all other related materials in eye readable format. CelluServ agrees that it will not assign, sublicense, transfer, pledge, lease, rent, or share its rights under this Agreement, and that it may not reverse assemble, reverse compile, or otherwise translate the Telupay Services. CelluServ acknowledges and agrees that the Telupay Services and the Services Documentation are proprietary products of Telupay, and that all right, title, and interest in and to the Telupay Services and Services Documentation shall remain with Telupay.

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7       Exclusivity

Within the contracted (1) year anniversary period counted from the Effective Date, Telupay grants Celluserv exclusivity to engage and implement the Telupay Services in the Territory. The exclusivity granted hereunder in favour of Telupay shall ipso facto cease and terminate without need of notice should commercial targets set by both Parties are not realized by Celluserv within the term given and/or the option of accomplishing the commercial targets are clearly viable with the participation of a third-party whose terms of engagement shall be subject to a separate agreement with both Parties.

8       Maintenance Services
8.1       During the term of this Agreement, Telupay will provide maintenance services for the Telupay Services to CelluServ on the following terms and conditions:
(a)       Telupay will provide second-tier support to Celluserv during its regular business hours: Monday - Friday, 9:00 AM. to 6:00 P.M (Territory time).

(b)       On-call Celluserv support is available on weekends or on all holidays that the Celluserv observes to address emergency or critical situations wherein Telupay Services' cease to function and Telupay Services cannot continue, excluding dependencies from third-party service providers and other projects of Celluserv that use the functionalities of Telupay Services, are not functioning or functioning with the performance that makes it unusable.

8.2       CelluServ will receive all Telupay Services major version releases, minor updates and point releases of the Telupay Services. Telupay will provide installation, testing, and coordination of Telupay Services enhancements, revisions, and fixes. Telupay will perform monthly system health checks to ensure optimal system performance.

9       Enhancements and Modifications

During the term of this Agreement, CelluServ may request enhancements or changes to the scope and functionality of the Telupay Services as described in Schedule A CelluServ shall provide Telupay with written notification of the requested change. Telupay will provide CelluServ with a written proposal describing the specification changes, additional fees, and schedule impact of the proposed changes. CelluServ prior to Telupay proceeding with these changes must approve the proposal.

10       Confidentiality

CelluServ will use its best efforts to safeguard and maintain the confidentiality of proprietary information of Telupay, Telupay Services and Services Documentation. Likewise, Telupay will maintain the confidentiality of any such proprietary or confidential information of CelluServ. Both Parties agree that these obligations of non-disclosure shall survive the expiration, termination, or rescission of this Agreement.

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11       Termination

This Agreement may be terminated at any time through the Parties' mutual agreement. If either Party materially breaches this Agreement, the other Party may give written notice of its desire to terminate and the specific grounds for termination and, if such default is capable of being cured and the Party in default fails to cure the default within thirty (30) days of the notice, the other party may terminate this Agreement. If such default is incapable of cure, the other party may terminate this Agreement immediately upon written notice of its desire to terminate. Either Party may terminate this Agreement for cause by giving written notice of election to terminate. Such termination shall be effective thirty (30) days from the mailing of written notice. Upon termination, any Telupay Services hereunder shall be immediately revoked and Telupay Services, Services Documentation and all affected products and supporting materials will be returned to Telupay.

12       Limitation of Liability

In the event of either Party's failure to render agreed services, the aggrieved Party's sole remedy is to cancel this agreement and obtain substitute services , thus , in such case the aggrieved Party waives the remedy of specific performance. In no event shall either Party be liable to the other Party for any loss or injuries to earnings, profits, or goodwill, or for any incidental, special, punitive, or consequential damages of any person or entity whether arising in contract, tort or otherwise, even if either Party has been advised of the possibility of such damages.

13       Telupay Services Indemnity

If any developed software or portion thereof used for Telupay Services is adjudged to infringe a United States Copyright, or in Telupay's opinion is likely to become the subject of such a claim, Telupay shall, at its option, either (a) procure for CelluServ the right to continue using the developed software, or (b) modify or replace the developed software to make it non-infringing. Telupay agrees to indemnify, defend, protect, save and hold harmless CelluServ and CelluServ's subsidiaries or affiliates under its control, and their directors, officers , employees and agents, against any and all losses, liabilities, judgments, awards and costs (including legal fees and expenses) arising out of or related to any claim, in whole or in part, that CelluServ's use or possession of the software and other products or services provided to CelluServ pursuant to this Agreement (the "Telupay Services") infringes or violates the copyright, trade secret, patent or any other proprietary right of any third party, including, but not limited to, any claim that CelluServ negligently failed to conduct a proper patent office search, or any other appropriate investigation related to Telupay Services. This contractual obligation of indemnification shall apply even if the third party alleges or establishes that CelluServ was partially negligent or otherwise at fault in retaining Telupay's Services, or accepting information, ideas, concepts, improvements, discoveries , inventions, or forms of expression of ideas from Telupay, or that CelluServ was negligent in failing to ascertain whether the information, ideas, concepts, improvements, discoveries , inventions, or forms of expression or ideas infringe the rights of third parties. Telupay shall defend and settle at is sole expense , all suits or proceedings arising, in whole or in part, out of the foregoing , provided that CelluServ give Telupay immediate written notice of any such claim of which it learns.

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14       Employee Recruiting
14.1       Each Party agrees not to employ or otherwise engage the other Party's employees for a period of two (2) year following any employee's last involvement in the performance of this Agreement unless agreed upon in writing by both Parties. Should a Party violate this provision; the hiring Party will pay the other Party the former employee's annual salary. Such payment shall be the other Party's sole remedy with respect to the hiring Party. However, such payment does not restrict the other Party's rights or remedies as they relate to such former employee.

15       Relationship of Parties

The Parties are independent contractors, and nothing in this Agreement shall be deemed or construed to create, or have been intended to create a partnership, joint venture, employment or agency relationship between the parties. Each Party agrees that it neither has nor will give the appearance or impression of possessing the legal authority to bind or to commit any other Party in any way except as provided in this Agreement.

16       Taxes

The Parties each agree to be fully responsible for their respective tax liabilities, obligations and consequences (including, without limitation, reporting and payment obligations) arising from the transactions set out in this Agreement. No Party shall have any liability or obligation to any other Party for the proper reporting, calculation, assessment or payment of any taxes, fines or penalties that may be required of or assessed against any other Party.

17       Disputes

Any controversy or claim arising out of or relating to this Agreement , or the breach hereof, shall be brought in any court having competent jurisdiction on Guam.

18       Applicable Law

The laws of the Territory of Guam shall govern this Agreement. Both Parties' representatives warrant their respective authorities to bind Telupay and CelluServ to this Agreement.

19       Entire agreement

Each Party acknowledges that it has read the Agreement , understands it, and agrees to be bound by its terms. Both Parties agree that this is the complete and exclusive statement of the Agreement between the Parties and that this written Agreement supersedes and replaces all proposals oral or written and all other communications between the Parties relating to the subject matter of this Agreement.

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The Parties have executed and delivered this Agreement on the date set out on the first page of this Agreement.
SIGNATORIES

SIGNED by

/s/ Jose Louis Romero-Salas

JOSE LUIS ROMERO-SALAS

for and on behalf of

TELUPA Y SOLUTIONS LIMITED

Address: First Floor, 17 The Esplanade, St. Helier,, Jersey JE2 3QA

E-Mail: info@telupay.com

SIGNED by

/s/ Ronald J. Schnabel 

RONALD J. SCHNABEL

for and on behalf of

CELLUSERV, INC.

Address: 137 Murray Blvd., Suite 2B, Hagåtñia, Guam 96910 

E-Mail:RSchnabel@Cognitive-IT.com

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Schedule A: Telupay Electronic Prepaid Load Distribution Software Technical Description and Specifications

 

________________________________________

TABLE OF CONTENTS

1.   This Document

2.   Scope

3.   Definition of Terms

4.   Overview

5.   Network Systems Architecture
a.     Network Diagram

b.     Logical Communications Flow Diagram
i.     Retailer/Agent-based purchase

ii.    MBS-based purchase

III.   Web portal-based purchase

6.   Server Hardware requirements

7.   Server application
a.     Back Office modules

b.     E-Pin Distribution

c.     Client Web Portal

d.     Consumer Web Portal

8.   Terminal Application

9.   Agent Applet

10.   Application Program Interfaces

 

________________________________________

1.       This Document

This document describes the Electronic Prepaid Load Distribution System in technical detail. These descriptions also include the technical specifications of the various components of this system.

2.       Scope

This document describes the Electronic Prepaid Load Distribution System and required interfaces only. Business processes are not covered.

3.       Definition of Terms

	Host - CelluServ's transaction processing servers.

	MBS - Mobile Banking System, is the product that is installed onto the bank's system which handles the settlements on the bank side.

	Retailer - A retail institution such as a supermarket or department store that sells Prepaid Load.

	Agent - A retailer of Prepaid Load that is mobile and can transact from any location utilizing a mobile phone applet.

	Applet - A software program that is loaded on mobile phones for the purpose of selling Prepaid Load.

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4.       Overview 

        Components

	Back office modules - used by CelluServ's staff to manage the system.

	Retailer/Agent web portal - a website used by retailers/agents to view transaction reports. It can also be used by retailers to manage clerk logins

	Consumer web portal - a website used by consumers to purchase Prepaid Load.

	Transaction processing - receives transactions sent by customers' mobile phones and performs the required processing.

	Reporting modules - provides CelluServ with reports on the operations and usage of the system.

	Terminal application - the software loaded onto a Point-of-Sale (POS) terminal which is used by the retailers for sellin1 Prepaid Load.

	Agent Applet - the J2ME-based application that is installed on agents' phones which is utilized for the selling of Prepaid Load.

        Security features

        CelluServ's facility will provide first-level network protection using their firewall.

	All requests, data or SMS, originating from a mobile phone applet or POS terminal, are encrypted with AES. The request messages are kept encrypted until it reaches the server.

	All components are required to complete a transaction: registered phone number, correct Applet key, and correct MPIN. Service will be locked out after a consecutive number of incorrect MPIN attempts. The agent will have to contact CelluServ's customer support to have their service re-activated.

	Telupay's server does not store bank account information. All account numbers are stored on the bank's MBS component and CelluServ will only use the ID numbers assigned by the bank.

2

 

5.       Network Systems Architecture
a.   Network Diagram

The core servers will be located within CelluServ's facility. Two sub networks should be provided by CelluServ, one for production and one for staging and development. The development server is where all enhancements will be installed and tested before deploying to production.

CelluServ's facility will be connected to the MNO's via Virtual Private Networks (VPNs). This connection will carry Prepaid Load requests, as well as CelluServ requests and messages.

It will also be connected to the settlement bank via a VPN. This connection will carry settlement request traffic. The same VPN can also be used by the bank for MBS-based Prepaid Load purchases.

A web hosting provider, which houses the CelluServ Customer web portal, will connect to the core servers via HTTPS.

POS terminals will connect to the core servers via GPRS. This connection allows the terminal to log in, and request Prepaid Load from the server.
b.   Logical Communications Flow Diagram
i.   Retailer/Agent Purchase

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Communicates when a retailer or agent initiates a request from their device.

For terminals, the request goes through GPRS, which passes through their MNO. The MNO forwards the request to CelluServ's server. The communication going through the MNO is transparent to the user, and will appear as a direct Internet connection.

When CelluServ receives the request, it performs validation on the request. If the transaction is validated, it will then proceed to send settlement instructions to the bank.

The bank sends a response back to CelluServ, which in turn returns the transaction result back to the retailer/agent.
ii.   MBS Purchase

For MBS-based purchases, the bank client initiates the transaction. MBS sends the request to CelluServ. From this point, the communication flow is the same as described in section i.
iii.   Web Portal Purchase

Web Portal purchases are initiated by a customer requesting to purchase Prepaid Load. The customer selects the desired product and the request is sent to CelluServ's server to check for product availability. If available, the customer then proceeds to pay via a payment gateway. Upon confirmation of the payment gateway, the portal requests the transaction to CelluServ's core server. From this point, the communication flow is the same as described in section i.

6.       Server Hardware requirements 
Production servers
Processor

Quad-CoreIntel® Xeon®ProcessorE5530(2.40GHz, 8M Cache,1066MHz)

Memory

8GB PC3-10600R 4 x 2GB 2Rank Memory

4

Operating System

RedHat Enterprise Linux 5

Storage

SATA Controller, 2 x 450GB Non-Hot Plug 3.5 SAS 15,000rpm Dual Port Hard Drive, RAID Controller, 16X Half-Height SATA DVD-ROM Optical Drive, PCI-Express Gigabit Ethernet Adapter

Hardware requirements vary, depending on the expected transaction rate. However, the minimum requirements are that there should be at least two, to provide fail over and high availability.

Development server

Processor

Dual-Core Intel® Xeon® Processor E5502 (1.865GHz, 4M Cache, 800MHz)

Memory

4GB PC3-10600E 4x1GB 1Rank Memory

Operating System

RedHat Enterprise Linux 5 or CentOS 5

Storage

SATA Controller, 2x 750GB 3G SATA 7200rpm

RAID Controller, 16X Half-Height SATA DVD-ROM Optical Drive, PCI-Express Gigabit Ethernet Adapter

Development server specs are less stringent; however it should be powerful enough that a stress test on that server will be able to estimate the production hardware's transaction rate.

7.       Server application
a.   Back Office modules

	
Function
	
Description

	
Retailer Management
	
Allows for the management and input of retailer information and including tracking the distribution of POS terminals.

	
Agent management
	
Allows for the management and input of Agent information and including tracking the distribution of applets.

	
MNO
	
This module is used to manage the MNO list.

	
Products
	
This module is used to manage the list of MNO Prepaid products.

	
Commercial Terms
	
This module is used to manage the percentage splits between CelluServ, the settlement Bank, MNO, Retailer or Agent, and Telupay. 

	
Transaction Logs
	
This module is used to view transactions recorded on the system. It is made available for research in case of customer inquiries.

	
E-Load Transaction Server
	
This module is used to manage all aspects of an e-load transaction as an interface with the MNO prepaid system and the Banking system to execute a complete transaction cycle.

	
Manual Overrides
	
This module allows CelluServ to push manual transactions, such as a bank settlement or a Prepaid Load purchase without settlement, in the event a complete sale cycle did not complete normally.

	
Reports
	
Various reports based on selectable timeframes. Included are:

a.     Transaction Reports - Summary and Detail of transactions by MNO, MNO Product, and Retailer/Agent.

b.     Settlement Report - Summary and detail reports of financial transactions. This is used for reconciling with corresponding transaction reports.

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b.   Prepaid Load - PIN Distribution

	
Function
	
Description

	
PIN Loader 
	
This module provides the carrier with a web-based GUI where a batch of PINs can be uploaded using a CSV file.

	
PIN Dispenser
	
This module provides a web-service endpoint where a vendor can connect to and retrieve PINs on demand. The web-service is REST-based.

	
Vendor Reports 
	
a.     Transaction log - shows individual transactions done on the system. This report is also used during settlement to reconcile with corresponding bank transaction reports. 

b.     Transaction Summary - Displays summary of transactions/statistics performed on the system.

c.     Product Inventory Report - shows the number of PINS in the system. It will display status of each particular product type, the quantities sold and available.

	
Carrier Reports
	
a.     Transaction Log - shows individual transactions done on the system per carrier. This report is also used during settlement to reconcile with corresponding bank transaction reports. 

b.     Transaction Summary - shows summary of transactions done on the system per carrier.

c.   Retailer/Agent Web Portal

	
Function
	
Description

	
Terminals
	
Used by retailers to view the terminals assigned to them. This is a view only function, and is only available to retailers' logins.

	
Clerks
	
Used by retailers to manage logins to the terminals issued to them. Retailers may add, edit, and/or delete individual logins.

	
Transaction Log
	
Used to show transactions made through their account.

	
Reports
	
Various reports used to summarize transactions made through their account and for reconciling transactions against corresponding third-party reports.

d.   Consumer Web Portal

	
Function
	
Description

	
Purchase Load
	
This module is used to dispense Prepaid Load via the web using credit card payment.

	
Reports
	
a.     Transaction Detail - shows a detailed list of load purchase transactions done on the web portal. Should be accessible only via a secure login.

b.     Transaction Summary - shows a summary of load purchase transactions done on the web portal. Should be accessible only via a secure login.

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8.       Terminal application

The terminal application is a compiled application and is loaded onto the terminal manually.

	
Function
	
Description

	
Purchase
	
Allows retailers to request purchase of Prepaid Load products including PIN and Direct Top-up method.

	
Invoice
	
Allows retailers to reprint voucher of the last transaction 

	
Reports
	
Includes:

a.     Transaction summary report; and

b.     Shift report

	
Update
	
This updates the terminal's product list.

9.       Agent Applet

The agent Applet is installed onto the agents' phones and can be a J2ME, Blackberry and/or iPhone-based application.

	
Function
	
Description

	
Purchase
	
A menu driven application that allows agents to request purchase of Prepaid Load products.

	
Transaction history
	
Displays the last 3 transactions the agent has made. 

	
Change MPIN
	
This allows the agent to change their MPIN.

10.       Application Program Interfaces (API)

These interfaces provide CelluServ with application connectivity with the bank MBS and MNO Prepaid system.

	
Function
	
Description

	
MNO API
	
Provides a direct interface to each MNO's Prepaid system. This gives retailers, agents, and bank clients the ability to process Direct Top-up transactions .

	
MBS API
	
Provides an interface to Telupay's Mobile Banking System installed in financial institutions for the settlement of all Prepaid Load transactions.

7Exhibit 10.2

SERVICE PROVIDER AGREEMENT FOR MOBILE WALLET SYSTEM

            THIS SERVICE PROVIDER AGREEMENT FOR MOBILE WALLET SYSTEM is made on 27th of May 2013 ("Effective Date")

BETWEEN:

(1)        TELUPAY (PHILIPPINES) INC., a corporation organized and existing under and by virtue of Philippine laws with principal offices located at 6th Floor Kings Court Building 2, 2129 Don Chino Races Avenue corner DelaRosa Street, Makati City, Philippines 1230 ("TelUPay"); and

(2)        1BRO GLOBAL INC., a company organized and existing under the laws of the Philippines with principal place of business at Unit 619 City Land Mega Plaza, ADB Ave., corner Garnet Road, Ortigas Center, Pasig City, Philippines ("1BRO") .

RECITALS :

TelUPay has agreed to provide and 1BRO has agreed to receive and use the TelUPay Services as a Mobile Wallet System for 1BRO's members ("Network") guided by terms and conditions in this Service Provider Agreement.

IT IS AGREED as follows:

1.        DEFINITIONS AND INTERPRETATIONS.
1.1.        "Acceptance Certificate" is a confirmation of 1BRO's acceptance of the TelUPay Services as a mobile wallet system for the 1BRO's and its Network use as being compliant with the criteria and standard set and agreed upon by both Parties.

1.2.        "SPA" shall mean this Memorandum of Agreement.

1.3.        "Notice to Commence Testing" is issued by the TelUPay to 1BRO confirming TelUPay Services is ready for testing and evaluation.

1.4.        "Parties" shall collectively refer to TelUPay and 1BRO, and "Party" shall refer to any of the individual Parties.

1.5.        "Mobile Wallet System" shall mean 1BRO and its Network use of the TelUPay Services under Section 2 this Agreement. The Mobile Wallet System will allow 1BRO's Network to perform financial transactions using their mobile phones attached to a virtual mobile account.

1.6.        "Service Provider Agreement (SPA)" shall mean this agreement executed by and between the Parties that define the terms and conditions governing the production and/or commercial implementation of the TelUPay Services in the operations of 1BRO.

1.7.        "TelUPay Services" means the utilisation of the TelUPay's Mobile Wallet Solution for short message service (SMS) under the Mobile Wallet System providing mobile wallet functionalities, including all updates, patches or enhancements thereto, training, maintenance and support services and other deliverables and information supplied by or on behalf of the Service Provider, which will enable specific transactions allowed by the 1BRO's and its members to use the mobile financial services such as balance inquiry per account, fund transfer from own account to own account and to other account, buy airtime load, bill payment (subject to approval of a 3rd Party biller aggregator), change MPin, and history of transactions.

1.8.        "TelUPay Services Documentation" means the services manuals, user instructions, technical literature and all other related materials in eye readable form supplied to the 1BRO by TelUPay for aiding the use of the TelUPay Services

1.9.        "TelUPay System" means the TelUPay Services and the Services Documentation.

2.        TERM.  This SPA shall remain in full force and effect from the Effective Date up to five (5) years from the ACCEPTANCE DATE defined as the date of the issuance of Acceptance Certificate of the Mobile Wallet System unless otherwise extended upon the mutual written agreement of the Parties, or earlier terminated in accordance with this SPA.

3.        INSTALLATION CHARGES.  It is understood by the Parties herein that the installation, evaluation and testing of the TelUPay Services under the Mobile Wallet System shall be at no costs to 1BRO. However; any requested additional development outside of the scope of this SPA shall be subject to approval of both Parties before commencing any work. TelUPay reserves the right to charge additional development , testing and implementation fees on any requests outside of this SPA .

4.        MOBILE WALLET SYSTEM.
4.1.        The Mobile Wallet System shall be conducted accordingly:
4.1.1.        Installation of the TelUPay Services in the Pilot Server Set-Up in the 1BRO's premises to be completed within ninety (90) calendar days from Effective Date.

4.1.2.        Data gathering begins wherein TelUPay shall send a team of technical personnel to the 1BRO's premises and complete this phase within fourteen (14) calendar days. 1BRO shall provide an assigned technical team for the Mobile Wallet System and shall extend all reasonable assistance and support in this regard to the TelUPay team.

4.1.3.        Upon completion of the installation, both Parties shall work together to complete the configuration within fourteen (14) calendar days. 1BRO shall provide and be responsible for the testing environment in compliant with the TelUPay Services operational requirements.

4.1.4.        Upon the completion of the configuration, TelUPay shall issue 1BRO, a written Notice to Commence Testing signifying the TelUPay Services' readiness for user testing and evaluation to be completed with the corresponding test and evaluation reports to be completed in ten (10) calendar days .

4.2.        Both Parties shall agree and establish the following testing and evaluation process:
4.2.1.        TelUPay Services system usage, and key metrics; plan and design tests (to include scenarios and models)

4.2.2.        TelUPay Services system and user performance and acceptance criteria for each end-to- end testing:
4.2.2.1.        systems integration test

4.2.2.2.        user acceptance test

4.2.2.3.        production verification test

4.2.3.        Install and prepare test environment , tools, & resource monitors.

4.2.4.        Script the performance tests as designed.

4.2.5.        Run and monitor tests. Validate tests, test data, and results.

4.2.6.        Analyze the data individually and as a cross-functional team.

4.2.7.        Consolidate and share results.

4.2.8.        Issuance of performance reports and Acceptance Certificate .

4.3.        Upon release and review of test reports certified by both Parties, 1BRO would issue an evaluation report on the TelUPay Services and upon meeting the standards and criteria set by both Parties, 1BRO shall issue to TelUPay, an Acceptance Certificate or otherwise have deemed to have issued an acceptance of the TelUPay Services confirming both Parties to proceed with the production.

4.4.        With the completion of the Mobile Wallet System and issuance of the Acceptance Certificate or deemed acceptance of the TelUPay Services, any further development for the modification or alteration of the agreed scope of work, business processes, features, or functionality shall be part of the production as agreed upon and signed by both Parties.

5.        MOBILE WALLET FUNCTIONALITIES
5.1.        Following are the functionalities of the Mobile Wallet for 1BRO agents and members (JAVA, Android and iPhones)
5.1.1.        Balance Inquiry

5.1.2.        Buy Load
5.1.2.1.        For own phone

5.1.2.2.        For Others

5.1.3.        Pay Bills

5.1.4.        Transfer Funds

5.1.5.        Change Mobile PIN

5.1.6.        View Transaction History

6.        Additional Services for 1BRO provided by TelUPay through 3rd Party
6.1.        BATON (Batch-to-On-line) - this service may be availed by 1BRO. BATON is a service offered by a client of TelUPay, which will allow 1BRO to receive remittances from anywhere and terminate it to the target bank account of the recipient who has a bank account with a MEGALINK member bank(s). This service may be acquired by 1BRO from a partner bank of TelUPay.

6.2.        Electronic Load Aggregation - should 1BRO opt to avail of mobile airtime service, a separate commercial contract for the supply of airtime load shall be entered by the Parties which shall then be made integral part of this SPA. The rates for discount is given in the attached ANNEX A as Schedule of Fees

6.3.        Bulk SMS - the TelUPay Mobile Wallet System is able to generate automatic system replies to queries coming from the end users. This notification service is inherent to the system. TelUPay also provides an integrated messaging platform from a 3rd Party provider which is required in the system. The cost of the SMS shall be for the account of 1BRO. TelUPay requires the bulk SMS to be pre-funded by 1BRO.

7.        TRANSACTION CHARGING FEES, SMS Costs, and SETTLEMENT
7.1.        1BRO shall charge its members for the use of the TelUPay system. The fees generated from the use of the TelUPay system shall be shared between TelUPay and 1BRO.

7.2.        The charging rate per transaction to be followed and the sharing between the Parties are given in ANNEX A as Schedule of Fees

7.3.        All System SMS Replies Costs shall be for the account of 1BRO, through prefunding of the Bulk Message Service.

7.4.        The transaction fees that are due to TelUPay shall be automatically credited in a TelUPay assigned mobile wallet account ("Settlement Account") on a real time basis. The amount of the TelUPay Settlement Account shall be invoiced every end of the month and shall be released to TelUPay within five (5) business days from receipt of the invoice.

8.        Confidentiality and Security.
8.1.        As between TelUPay and 1BRO, any and all information of whatever nature already disclosed or to be disclosed to each other, whether oral, written, or contained in any electronic or other medium ("Information Material"), including, but without limitation to, licenses, processes, services, products, forms, documents, specifications, designs, and structures, and any information derived by the Parties from the Information Materials, including, but not limited to, notes, reports, analyses, data, interpretations, forecasts, records, copies and reviews of the same made by the Parties relating to or with respect the following are deemed Confidential Information:
8.1.1.        Any and all of the TelUPay Services, TelUPay Services Documentation, and the TelUPay System (collectively, "TelUPay Confidential Information"), are confidential and proprietary to TelUPay and shall remain the property of TelUPay.

8.1.2.        Any and all data and information relating to deposits and accounts, funds, property, systems and businesses, and other information of similar nature, including those covered under Republic Act No. 1405, as amended, in the custody and possession of the 1BRO pertaining to its business as an institution and its transactions (collectively, "1BRO Confidential Information") are confidential and proprietary to 1BRO and shall remain the property of the 1BRO.

8.2.        Neither of the Parties shall use nor disclose the other Party's Confidential Information in any manner whatsoever other than in connection with the rights granted in this SPA.

8.3.        Representatives of the Parties who are given access by any Party to the Confidential Information shall be bound by the terms of this Agreement. The term "Representatives " shall mean any director, officer, partner, stockholder, employee, agent and advisor (including, without limitation, lawyer, accountant and consultant) of a Party who strictly needs to have access to the Confidential Information and only to the extent necessary for them to discharge their function or responsibility . This shall include the Representatives of the party's affiliates and subsidiaries.

8.4.        A Party who is in possession of the other Party's Confidential Information shall implement and maintain security measures that it customarily implements and maintains for its own confidential information. Subject to any restrictions imposed by applicable governmental rules and regulations, a Party may require the other Party to implement and maintain security measures and standards for reference source code implementations, shared secret keys, proprietary technology, encryption and decryption keys, private keys as well as source and library files that contain confidential or proprietary information which are in accordance with industry or customary standards of commercial operations practices for managing the Confidential Information.

8.5.        All Confidential Information shall be and shall remain the property of the relevant Party.

8.6.        In case of violation of the confidentiality required in this SPA by a Party, the offended Party may choose at any time to terminate this SPA and the flow of Information Material (but without prejudice to other legal rights and remedies which it may have).

8.7.        Within forty-eight (48) hours from receipt of notice from the offended Party, the offending Party shall return all Information Material and all copies made thereof, and will cause notes, reports, analyses, data, interpretations, forecasts, records, copies and reviews of the same, to be destroyed. Any such destruction shall be certified in writing to the offended Party by the authorized officer of the offending Party supervising the same. No such termination will affect the obligations of the Parties or those of their Representatives herein, all of which obligations shall survive such termination and shall continue in effect.

9.        "As Is" Clause and Disclaimer. TelUPay provides the TelUPay Confidential Information, or any part thereof, enhancements thereto, and any other items, deliverables, information, and support services (if any) supplied by or in behalf of TelUPay on an "as is" basis and with all faults, and hereby disclaims all other warranties, conditions, and representations, whether express, implied or statutory, including, but not limited to, any (if any) implied warranties, duties or conditions of merchantability, of fitness for a particular purpose, of reliability or availability , of accuracy or completeness of responses, of results, all with regard to the TelUPay Confidential Information, and the provision of or failure to provide support or other services, information, software, and related content through the TelUPay Confidential Information or otherwise arising out of the use of the TelUPay Confidential Information.

Notwithstanding the above paragraph, TelUPay warrants that it possesses sufficient authority and licence from the owner/licensor of the TelUPay Confidential Information, the TelUPay Services to use the same for purposes of the Mobile Wallet System and that such use shall not infringe on the property rights of third parties. In this connection, TelUPay hereby holds 1BRO free and harmless from any such third party claims, liabilities or responsibilities for possible infringement arising from or incidental to any third party claim for infringement on the TelUPay Confidential Information, the TelUPay Services and undertakes to indemnify the 1BRO for any loss or damage it may incur in the said circumstances .

10.        Restrictions.
10.1.        Reservation of Rights. TelUPay reserves all rights not expressly granted to 1BRO in this SPA. Except as provided herein, no use, rights, and/or license is granted by TelUPay, either directly or by implication, estoppel, or otherwise, and any rights not expressly granted to 1BRO hereunder are reserved by Service Provider. No licence is granted for any products or services of Service Provider. 1BRO is not granted the license or any rights or interest to develop, manufacture, sell, lease, dispose, implement, or distribute the TelUPay Services nor to review and study the same with other parties not authorized by this SPA.

10.2.        Prohibition On Reverse Engineering, Decompilation, Disassembly, etc. 1BRO shall not reproduce, distribute, market, disclose, reverse engineer, decode, decompile, disassemble, license, assign, transfer, or allow the unauthorized use or disclosure of any part or the whole of the TelUPay Confidential Information.

10.3.        Ownership of TelUPay Services. TelUPay Services may be installed on 1BRO's server specifically allocated for the operation of the Mobile Wallet System provided that the TelUPay Services are and will remain the property of TelUPay and/or its licensor.

10.4.        Retention of Ownership. Any and all of the TelUPay Confidential Information shall be and remain the property of TELUPAY and/or its licensor, and 1BRO shall have no rights, title or interest in and to the same.

10.5.        No Licence Granted. Nothing in this SPA shall be construed or interpreted to grant any licence in favor of 1BRO over the whole or part of the TelUPay Confidential Information.

10.6.        Regulatory permits. 1BRO undertakes to secure business or government regulatory licenses, permits and approvals that are necessary, or considered appropriate and advisable, for the installation and maintenance of the TelUPay Confidential Information. TelUPay undertakes to cooperate with 1BRO to secure these licenses, permits and approvals.

11.        Termination and Notice.
11.1.        Either Party may terminate the Mobile Wallet System and/or this SPA at any time upon written notice served upon the other party at least six (6) months prior to the second anniversary year from Effective Date; provided, however, in the event of failure without justifiable reason of TelUPay or for causes not attributable to its fault or omission to comply with or meet the due dates prescribed in this SPA, 1BRO may terminate this SPA without any liability on the part of TelUPay by serving written notice thereof upon TelUPay within thirty (30) calendar days from the appropriate due date. Thereupon, 1BRO shall cease and desist from using the TelUPay Confidential Information without need of further notice. Upon termination, TelUPay shall proceed to physically remove its TelUPay Services from 1BRO's server and premises.

11.2.        Return of embodiments or records of Confidential Information and other property. Upon termination of this SPA, each of the Parties shall immediately return to the other Party the entirety of such other Party's Confidential Information and other property that may be in its possession or in the possession of its directors, officers, employees, staff, consultants, agents, and representatives. The returning Party shall then execute a sworn Acknowledgment that it has returned the entirety of the other Party's Confidential Information and property.

12.        Assignability.  TelUPay hereby reserves its right to assign all or part of the TelUPay Confidential Information, and/or this SPA to any of its ascendant companies, subsidiaries, affiliates or related companies without need of consent on the part of 1BRO. However, a written notice of the said assignment shall be provided to 1BRO at least 30 days prior to the effective date of the assignment.

13.        Governing Law. This SPA shall be governed by and construed in accordance with the laws of the Republic of the Philippines.

            IN WITNESS WHEREOF, the Parties to this SPA have caused it to be executed by their duly authorized officers as of the date and at the place first written above.

 

 

	 	
TELUPAY (PHILIPPINES) INC.
	 	 	
1BRO GLOBAL INC.

	
By:
	
/s/ Preseveranda Hernandez

	
By:
	
/s/ Rico D. Lorredo 

	 	
____________________________

PERSEVERANDO HERNANDEZ

Director/Founder
	 	
____________________________

RICO D. LORREDO

President/CEO

	
As Witnessed by:

	 	
/s/ Rosarito Carrillo

	 	
/s/ Alan Burgos

	
____________________________

ROSARITO CARRILLO

COO
	
____________________________

ALAN BURGOS

Marketing/Admin

	 	 	 	 

 

SUBSCRIBED AND SWORN TO BEFORE ME THIS DAY OF MAY 27, 2013 IN THE CITY OF MAKATI, PHILIPPINES. AFFIANT EXHIBITED TO ME HIS/HER VALID I.D. WITH NUMBER_______, ISSUED ON_________, ISSUED AT ______________.

Doc. No. 129 

Page No. 21

Book No. 110

Series of 2013

 

ATTY. VIRGILIO R. BATALLA

NOTARY PUBLIC FOR MAKATI CITY

APPOINTMENT NO. M-35

UNTIL DECEMBER 31, 2014

ROLL OF ATTORNEY 48340

MOLE COMPLIANCE NO. III-21854

NO. 706762 LIFETIME MEMBER

PTR NO. 356-0329 JAN 2, 2013

EXECUTIVE BLDG. CENTER

MAKATI AVE., COR JUPITER ST

 

 

 

Annex "A"

Schedule of Fees

TRANSACTION FEE SHARING (TABLE 1)

	
item
	
TRANSACTION
	
TRANSACTION FEE

(PESOS)
	
SMS REPLIES COST

(PHP)
	
1BRO SHARE

(PHP)
	
TeiUPay SHARE

(PHP)

	
1
	
BALANCE INQUIRY
	
2.000
	
0.750
	
0.625
	
0.625

	
2
	
BUY LOAD
	
2.000
	
0.750
	
0.625
	
0.625

	
3
	
PAY BILLS
	
5.000
	
0.750
	
2.125
	
2.125

	
4
	
TRANSFER  FUND
	
7.500
	
0.750
	
3.375
	
3.375

	
5
	
CHANGE MPIN
	
2.000
	
0.750
	
0.625
	
0.625

	
6
	
VIEW HISTORY
	 	 	 	 
	 	
LAST 3 TRANSACTIONS
	
2.000
	
0.750
	
0.625
	
0.625

	 	
LAST 6 TRANSACTIONS
	
3.500
	
1.500
	
1.000
	
1.000

	 	
LAST 9 TRANSACTIONS
	
5.000
	
2.250
	
1.375
	
1.375

3rd PARTY REVENUES (TABLE 2)

	
DECRIPTION
	
1BRO
	
AGENT/CENTER
	
MEMBER
	
TeiUPay

	
BUY LOAD DISCOUNT
	
15%
	
30%
	
40%
	
15%

	
BILLERS COMMISSION
	
15%
	
30%
	
40%
	
15%

3rd party commissions are paid by the load aggregator or biller institution either as discount or collection fee.  Load aggregators give discounts from airtime load purchases given in table 3 below, that discount is split between 1 bro, the 1 bro member or agent and TelUPay.  Billers' commission are given by the biller institution as a fee for collecting on the their behalf.

AIRTIME LOAD DISCOUNTS (TABLE 3)

	
Item
	
Code
	
Product
	
Price
	
Discount
	
Fee
	
Outlet Price

	
1
	
AMAX 15
	
Autoloadmax 15
	
15
	
10%
	
1.50
	
13.50

	
2
	
AMAX 16
	
Autoloadmax 16
	
16
	
10%
	
1.60
	
14.40

	
3
	
AMAX17
	
Autoloadmax 17
	
17
	
10%
	
1.70
	
15.30

	
4
	
AMAX 18
	
Autoloadmax 18
	
18
	
10%
	
1.80
	
16.20

	
5
	
AMAX 19
	
Autoloadmax 19
	
19
	
10%
	
1.90
	
17.10

	
6
	
AMAX 20
	
Autoloadmax 20
	
20
	
10%
	
2.00
	
18.00

	
7
	
AMAX 21
	
Autoloadmax 21
	
21
	
10%
	
2.10
	
18.90

	
8
	
AMAX 22
	
Autoloadmax 22
	
22
	
10%
	
2.20
	
19.80

	
9
	
AMAX 23
	
Autoloadmax 23
	
23
	
10%
	
2.30
	
20.70

	
10
	
AMAX 24
	
Autoloadmax 24
	
24
	
10%
	
2.40
	
21.60

	
11
	
AMAX 25
	
Autoloadmax 25
	
25
	
10%
	
2.50
	
22.50

	
12
	
AMAX 26
	
Autoloadmax 26
	
26
	
10%
	
2.60
	
23.40

	
13
	
AMAX 27
	
Autoloadmax 27
	
27
	
10%
	
2.70
	
24.30

	
14
	
AMAX 28
	
Autoloadmax 28
	
28
	
10%
	
2.80
	
25.20

	
15
	
AMAX 29
	
Autoloadmax 29
	
29
	
10%
	
2.90
	
26.10

	
16
	
AMAX 30
	
Autoloadmax 30
	
30
	
10%
	
3.00
	
27.00

	
17
	
AMAX 31
	
Autoloadmax 31
	
31
	
12%
	
3.72
	
27.28

	
18
	
AMAX 32
	
Autoloadmax 32
	
32
	
12%
	
3.84
	
28.16

	
19
	
AMAX 33
	
Autoloadmax 33
	
33
	
12%
	
3.96
	
29.04

	
20
	
AMAX 34
	
Autoloadmax 34
	
34
	
12%
	
4.08
	
29.92

	
21
	
AMAX 35
	
Autoloadmax 35
	
35
	
12%
	
4.20
	
30.80

	
22
	
AMAX 36
	
Autoloadmax 36
	
36
	
12%
	
4.32
	
31.68

	
23
	
AMAX 37
	
Autoloadmax 37
	
37
	
12%
	
4.44
	
32.56

	
24
	
AMAX 38
	
Autoloadmax 38
	
38
	
12%
	
4.56
	
33.44

	
25
	
AMAX 39
	
Autoloadmax 39
	
39
	
12%
	
4.68
	
34.32

	
26
	
AMAX 40
	
Autoloadmax 40
	
40
	
12%
	
4.80
	
35.20

	
27
	
AMAX 41
	
Autoloadmax 41
	
41
	
12%
	
4.92
	
36.08

	
28
	
AMAX 42
	
Autoloadmax 42
	
42
	
12%
	
5.04
	
36.96

	
29
	
AMAX 43
	
Autoloadmax 43
	
43
	
12%
	
5.16
	
37.84

	
30
	
AMAX 44
	
Autoloadmax 44
	
44
	
12%
	
5.28
	
38.72

	
31
	
AMAX 45
	
Autoloadmax 45
	
45
	
12%
	
5.40
	
39.60

	
32
	
AMAX 46
	
Autoloadmax 46
	
46
	
12%
	
5.52
	
40.48

	
33
	
AMAX 47
	
Autoloadmax 47
	
47
	
12%
	
5.64
	
41.36

	
34
	
AMAX 48
	
Autoloadmax 48
	
48
	
12%
	
5.76
	
42.24

	
35
	
AMAX 49
	
Autoloadmax 49
	
49
	
12%
	
5.88
	
43.12

	
36
	
AMAX 50
	
Autoloadmax 50
	
50
	
12%
	
6.00
	
44.00

	
37
	
AMAX 51
	
Autoloadmax 51
	
51
	
12%
	
6.12
	
44.88

	
38
	
AMAX 52
	
Autoloadmax 52
	
52
	
12%
	
6.24
	
45.76

	
39
	
AMAX 53
	
Autoloadmax 53
	
53
	
12%
	
6.36
	
46.64

	
40
	
AMAX 54
	
Autoloadmax 54
	
54
	
12%
	
6.48
	
47.52

	
41
	
AMAX 55
	
Autoloadmax 55
	
55
	
12%
	
6.60
	
48.40

	
42
	
AMAX 56
	
Autoloadmax 56
	
56
	
12%
	
6.72
	
49.28

	
43
	
AMAX 57
	
Autoloadmax 57
	
57
	
12%
	
6.84
	
50.16

	
44
	
AMAX 58
	
Autoloadmax 58
	
58
	
12%
	
6.96
	
51.04

	
45
	
AMAX 59
	
Autoloadmax 59
	
59
	
12%
	
7.08
	
51.92

	
46
	
AMAX 60
	
Autoloadmax 60
	
60
	
12%
	
7.20
	
52.80

	
47
	
AMAX 61
	
Autoloadmax 61
	
61
	
12%
	
7.32
	
53.68

	
48
	
AMAX 62
	
Autoloadmax 62
	
62
	
12%
	
7.44
	
54.56

	
49
	
AMAX 63
	
Autoloadmax 63
	
63
	
12%
	
7.56
	
55.44

	
50
	
AMAX 64
	
Autoloadmax 64
	
64
	
12%
	
7.68
	
56.32

	
51
	
AMAX 65
	
Autoloadmax 65
	
65
	
12%
	
7.80
	
57.20

	
52
	
AMAX 66
	
Autoloadmax 66
	
66
	
12%
	
7.92
	
58.08

	
53
	
AMAX 67
	
Autoloadmax 67
	
67
	
12%
	
8.04
	
58.96

	
54
	
AMAX 68
	
Autoloadmax 68
	
68
	
12%
	
8.16
	
59.84

	
55
	
AMAX 69
	
Autoloadmax 69
	
69
	
12%
	
8.28
	
60.72

	
56
	
AMAX 70
	
Autoloadmax 70
	
70
	
12%
	
8.40
	
61.60

	
57
	
AMAX 71
	
Autoloadmax 71
	
71
	
12%
	
8.52
	
62.48

	
58
	
AMAX 72
	
Autoloadmax 72
	
72
	
12%
	
8.64
	
63.36

	
59
	
AMAX 73
	
Autoloadmax 73
	
73
	
12%
	
8.76
	
64.24

	
60
	
AMAX 74
	
Autoloadmax 74
	
74
	
12%
	
8.88
	
65.12

	
61
	
AMAX 75
	
Autoloadmax 75
	
75
	
12%
	
9.00
	
66.00

	
62
	
AMAX 76
	
Autoloadmax 76
	
76
	
12%
	
9.12
	
66.88

	
63
	
AMAX 77
	
Autoloadmax 77
	
77
	
12%
	
9.24
	
67.76

	
64
	
AMAX 78
	
Autoloadmax 78
	
78
	
12%
	
9.36
	
68.64

	
65
	
AMAX 79
	
Autoloadmax 79
	
79
	
12%
	
9.48
	
69.52

	
66
	
AMAX 80
	
Autoloadmax 80
	
80
	
12%
	
9.60
	
70.40

	
67
	
AMAX 81
	
Autoloadmax 81
	
81
	
12%
	
9.72
	
71.28

	
68
	
AMAX 82
	
Autoloadmax 82
	
82
	
12%
	
9.84
	
72.16

	
69
	
AMAX 83
	
Autoloadmax 83
	
83
	
12%
	
9.96
	
73.04

	
70
	
AMAX 84
	
Autoloadmax 84
	
84
	
12%
	
10.08
	
73.92

	
71
	
AMAX 85
	
Autoloadmax 85
	
85
	
12%
	
10.20
	
74.80

	
72
	
AMAX 86
	
Autoloadmax 86
	
86
	
12%
	
10.32
	
75.68

	
73
	
AMAX 87
	
Autoloadmax87
	
87
	
12%
	
10.44
	
76.56

	
74
	
AMAX 88
	
Autoloadmax 88
	
88
	
12%
	
10.56
	
77.44

	
75
	
AMAX 89
	
Autoloadmax 89
	
89
	
12%
	
10.68
	
78.32

	
76
	
AMAX 90
	
Autoloadmax 90
	
90
	
12%
	
10.80
	
79.20

	
77
	
AMAX 91
	
Autoloadmax 91
	
91
	
12%
	
10.92
	
80.08

	
78
	
AMAX 92
	
Autoloadmax 92
	
92
	
12%
	
11.04
	
80.96

	
79
	
AMAX 93
	
Autoloadmax 93
	
93
	
12%
	
11.16
	
81.84

	
80
	
AMAX 94
	
Autoloadmax 94
	
94
	
12%
	
11.28
	
82.72

	
81
	
AMAX 95
	
Autoloadmax 95
	
95
	
12%
	
11.40
	
83.60

	
82
	
AMAX 96
	
Autoloadmax 96
	
96
	
12%
	
11.52
	
84.48

	
83
	
AMAX 97
	
Autoloadmax 97
	
97
	
12%
	
11.64
	
85.36

	
84
	
AMAX 98
	
Autoloadmax 98
	
98
	
12%
	
11.76
	
86.24

	
85
	
AMAX 99
	
Autoloadmax 99
	
99
	
12%
	
11.88
	
87.12

	
86
	
AMAX 100
	
Autoloadmax 100
	
100
	
12%
	
12.00
	
88.00

	
87
	
AMAX 101
	
Autoloadmax 101
	
101
	
12%
	
12.12
	
88.88

	
88
	
AMAX 102
	
Autoloadmax 102
	
102
	
12%
	
12.24
	
89.76

	
89
	
AMAX 103
	
Autoloadmax 103
	
103
	
12%
	
12.36
	
90.64

	
90
	
AMAX 104
	
Autoloadmax 104
	
104
	
12%
	
12.48
	
91.52

	
91
	
AMAX 105
	
Autoloadmax 105
	
105
	
12%
	
12.60
	
92.40

	
92
	
AMAX 106
	
Autoloadmax 106
	
106
	
12%
	
12.72
	
93.28

	
93
	
AMAX 107
	
Autoloadmax 107
	
107
	
12%
	
12.84
	
94.16

	
94
	
AMAX 108
	
Autoloadmax 108
	
108
	
12%
	
12.96
	
95.04

	
95
	
AMAX 109
	
Autoloadmax 109
	
109
	
12%
	
13.08
	
95.92

	
96
	
AMAX 110
	
Autoloadmax 110
	
110
	
12%
	
13.20
	
96.80

	
97
	
AMAX 111
	
Autoloadmax 111
	
111
	
12%
	
13.32
	
97.68

	
98
	
AMAX 112
	
Autoloadmax 112
	
112
	
12%
	
13.44
	
98.56

	
99
	
AMAX 113
	
Autoloadmax 113
	
113
	
12%
	
13.56
	
99.44

	
100
	
AMAX 114
	
Autoloadmax 114
	
114
	
12%
	
13.68
	
100.32

	
101
	
AMAX 115
	
Autoloadmax 115
	
115
	
12%
	
13.80
	
101.20

	
102
	
AMAX 116
	
Autoloadmax 116
	
116
	
12%
	
13.92
	
102.08

	
103
	
AMAX 117
	
Autoloadmax 117
	
117
	
12%
	
14.04
	
102.96

	
104
	
AMAX 118
	
Autoloadmax 118
	
118
	
12%
	
14.16
	
103.84

	
105
	
AMAX 119
	
Autoloadmax 119
	
119
	
12%
	
14.28
	
104.72

	
106
	
AMAX 120
	
Autoloadmax 120
	
120
	
12%
	
14.40
	
105.60

	
107
	
AMAX 121
	
Autoloadmax 121
	
121
	
12%
	
14.52
	
106.48

	
108
	
AMAX 122
	
Autoloadmax 122
	
122
	
12%
	
14.64
	
107.36

	
109
	
AMAX 123
	
Autoloadmax 123
	
123
	
12%
	
14.76
	
108.24

	
110
	
AMAX 124
	
Autoloadmax 124
	
124
	
12%
	
14.88
	
109.12

	
111
	
AMAX 125
	
Autoloadmax 125
	
125
	
12%
	
15.00
	
110.00

	
112
	
AMAX 126
	
Autoloadmax 126
	
126
	
12%
	
15.12
	
110.88

	
113
	
AMAX 127
	
Autoloadmax 127
	
127
	
12%
	
15.24
	
111.76

	
114
	
AMAX 128
	
Autoloadmax 128
	
128
	
12%
	
15.36
	
112.64

	
115
	
AMAX 129
	
Autoloadmax 129
	
129
	
12%
	
15.48
	
113.52

	
116
	
AMAX 130
	
Autoloadmax 130
	
130
	
12%
	
15.60
	
114.40

	
117
	
AMAX 131
	
Autoloadmax 131
	
131
	
12%
	
15.72
	
115.28

	
118
	
AMAX 132
	
Autoloadmax 132
	
132
	
12%
	
15.84
	
116.16

	
119
	
AMAX 133
	
Autoloadmax 133
	
133
	
12%
	
15.96
	
117.04

	
120
	
AMAX 134
	
Autoloadmax 134
	
134
	
12%
	
16.08
	
117.92

	
121
	
AMAX 135
	
Autoloadmax 135
	
135
	
12%
	
16.20
	
118.80

	
122
	
AMAX 136
	
Autoloadmax 136
	
136
	
12%
	
16.32
	
119.68

	
123
	
AMAX 137
	
Autoloadmax 137
	
137
	
12%
	
16.44
	
120.56

	
124
	
AMAX 138
	
Autoloadmax 138
	
138
	
12%
	
16.56
	
121.44

	
125
	
AMAX 139
	
Autoloadmax 139
	
139
	
12%
	
16.68
	
122.32

	
126
	
AMAX 140
	
Autoloadmax 140
	
140
	
12%
	
16.80
	
123.20

	
127
	
AMAX 141
	
Autoloadmax 141
	
141
	
12%
	
16.92
	
124.08

	
128
	
AMAX 142
	
Autoloadmax 142
	
142
	
12%
	
17.04
	
124.96

	
129
	
AMAX 143
	
Autoloadmax 143
	
143
	
12%
	
17.16
	
125.84

	
130
	
AMAX 144
	
Autoloadmax 144
	
144
	
12%
	
17.28
	
126.72

	
131
	
AMAX 145
	
Autoloadmax 145
	
145
	
12%
	
17.40
	
127.60

	
132
	
AMAX 146
	
Autoloadmax 146
	
146
	
12%
	
17.52
	
128.48

	
133
	
AMAX 147
	
Autoloadmax 147
	
147
	
12%
	
17.64
	
129.36

	
134
	
AMAX 148
	
Autoloadmax 148
	
148
	
12%
	
17.76
	
130.24

	
135
	
AMAX 149
	
Autoloadmax 149
	
149
	
12%
	
17.88
	
131.12

	
136
	
AMAX 150
	
Autoloadmax 150
	
150
	
12%
	
18.00
	
132.00

	
137
	
eLoad 15
	
Smart eLoad 15
	
15
	
9%
	
1.35
	
13.65

	
138
	
eLoad 30
	
Smart eLoad 30
	
30
	
9%
	
2.70
	
27.30

	
139
	
eLoad 50
	
Smart eLoad 50
	
50
	
9%
	
4.50
	
45.50

	
140
	
eLoad 60
	
Smart eLoad 60
	
60
	
9%
	
5.40
	
54.60

	
141
	
eLoad 100
	
Smart eLoad 100
	
100
	
9%
	
9.00
	
91.00

	
142
	
eLoad 115
	
Smart eLoad 115
	
115
	
9%
	
10.35
	
104.65

	
143
	
eLoad 200
	
Smart eLoad 200
	
200
	
9%
	
18.00
	
182.00

	
144
	
eLoad 300
	
Smart eLoad 300
	
300
	
9%
	
27.00
	
273.00

	
145
	
eLoad 500
	
Smart eLoad 500
	
500
	
9%
	
45.00
	
455.00

	
146
	
eLoad 1000
	
Smart eLoad 1000
	
1000
	
9%
	
90.00
	
910.00

	
147
	
Xload 15
	
Xpressload 15
	
15
	
9%
	
1.35
	
13.65

	
148
	
Xload 20
	
Xpressload 20
	
20
	
9%
	
1.80
	
18.20

	
149
	
Xload 25
	
Xpressload 25
	
25
	
9%
	
2.25
	
22.75

	
150
	
Xload 30
	
Xpressload 30
	
30
	
9%
	
2.70
	
27.30

	
151
	
Xload 50
	
Xpressload 50
	
50
	
11.5%
	
5.75
	
44.25

	
152
	
Xload 75
	
Xpressload 75
	
75
	
11.5%
	
8.63
	
66.38

	
153
	
Xload 100
	
Xpressload 100
	
100
	
11.5%
	
11.50
	
88.50

	
154
	
Xload 150
	
Xpressload 150
	
150
	
11.5%
	
17.25
	
132.75

	
155
	
Xload 300
	
Xpressload 300
	
300
	
11.5%
	
34.50
	
265.50

	
156
	
Xload 500
	
Xpress load 500
	
500
	
11.5%
	
57.50
	
442.50

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00234-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00234-of-00352.parquet"}]]