Document:

Unassociated Document

     

    
      RESELLER
        AGREEMENT

      

      This
        Reseller Agreement (this
        “Agreement”) is made and entered into this 8th
        day of
        June, 2007 (the “Effective Date”) by and between Transparensee Systems, Inc., a
        Delaware corporation having its principal place of business at 225 East,
        6th
        Street,
        #5H, New York, New York 10003 (“Licensor”), and DigitalFX International, Inc., a
        Florida corporation having its principal place of business at 3035 East Patrick
        Lane, Suite #9, Las Vegas, Nevada 89120 (“Reseller”).

       

      1.
        DEFINITIONS:

       

      (a)
        "Confidential Information" means the confidential and/or proprietary information
        of the licensing party (whether such information is or is not marked or
        identified as confidential or proprietary), including software (in object
        and
        source code form), inventions (whether or not patentable), trade secrets,
        ideas,
        know-how, techniques, processes, formulas, algorithms, schematics, research,
        development, software design and architecture, testing procedures, design
        and
        functional specifications, problem reports and performance information,
        marketing and financial plans and data. "Confidential Information" does not
        include information that Reseller can show through documentary evidence:
        (a) is
        or becomes publicly known through no fault, act or omission of Reseller;
        (b) is
        known by or in the possession of Reseller prior to its receipt from Licensor;
        or
        (c) is lawfully obtained from a third party who rightfully possesses the
        information (without confidentiality or proprietary restriction) and who
        did not
        receive it, directly or indirectly, from Licensor.

       

      (b)
        "Documentation" means Licensor's standard end user documentation for the
        Licensed Software, as modified from time to time by Licensor in its sole
        discretion.

       

      (c)
        "End
        User" means a licensee of the Licensed Software who acquires such software
        for
        normal personal use or business end use and not for resale or
        distribution.

       

      (d)
        "End
        User License" means Licensor's standard end user license agreement for the
        Licensed Software, as modified from time to time by Licensor in its sole
        discretion.

       

      (e)
        "Intellectual Property Rights" means all present and future copyrights,
        trademark rights, service mark rights, trade secret rights, patent rights,
        moral
        rights, and other intellectual property and proprietary rights recognized
        in any
        jurisdiction.

       

      (f)
        “License Agreement” means the Software License and Services Agreement entered
        into by the parties hereto, of even date herewith, pursuant to which Licensor
        licenses to Reseller the Licensed Software for the uses set forth
        therein.

       

      (g)
        "Licensed Software" means the software(s) made available by Licensor under
        this
        Agreement, and under the License Agreement.

       

      (h)
        "Product Unit" means a single retail-ready package containing one (1) copy
        of
        the Licensed Software in object code format stored on a single tangible medium,
        or delivered electronically, the End User License, Documentation, packaging,
        and/or other items as determined by Licensor in its sole
        discretion.

       

      (i)
        "Term" shall have the meaning set forth in Section 7.

       

      (j)
        "Territory" means worldwide, except to the extent limited by U.S. export
        laws
        and the applicable import and export laws of foreign jurisdictions, as described
        in Section 10.

       

      2.
        APPOINTMENT; LICENSE:

       

      (a)
        Appointment.
        Subject
        to the terms and conditions set forth herein, Licensor hereby appoints Reseller
        as Licensor's independent, authorized, non-exclusive reseller of the Product
        Units in the Territory during the Term, and Reseller hereby accepts such
        appointment.

       

      (b)
        License
        Grant.
        Subject
        to the terms and conditions of this Agreement, Licensor hereby grants to
        Reseller a non-exclusive license that may be solely exercised within the
        Territory: (i) to distribute directly to End Users in the Territory the Product
        Units ordered pursuant to Section 5 for use in accordance with the terms
        and
        conditions of the End User Agreement; and (ii) to use, install and operate
        the
        Licensed Software (solely on Reseller's systems) for the sole purpose of:
        (a)
        testing and evaluation of the Licensed Software; (b) training Reseller's
        personnel and marketing affiliates in the marketing and sale of the Licensed
        Software; and (c) demonstrating and promoting the Licensed Software to potential
        End Users. The rights granted hereunder may not be sublicensed or assigned
        except to Reseller’s marketing affiliates and subdistributors solely for the
        purpose of licensing, distributing and/or selling the Product Units to End
        Users. Licensor reserves the right, from time to time and in its sole
        discretion, inside or outside the Territory, to increase or decrease the
        number
        of authorized resellers of the Product Units and to distribute Product Units
        using its own personnel or independent sales representatives or via any other
        distribution channel.

       

      
        
           

        

        
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      (c)
        Restrictions
        on Use.
        Reseller
        shall not, and shall ensure that other third parties shall not (i) modify,
        adapt, alter, translate, copy, perform and display (publicly or otherwise)
        or
        create derivative works based on the Licensed Software; (ii) merge or bundle
        the
        Licensed Software with other software; (iii) sublicense, lease, rent, or
        loan
        the Licensed Software; (iv) except as expressly permitted under Section 2(b),
        transfer the Licensed Software to any third party; (v) provide the use of
        the
        Licensed Software in any service bureau, rental or time-sharing arrangement;
        (vi) reverse engineer, decompile, disassemble, or otherwise attempt to derive
        the source code for the Licensed Software (except as expressly permitted
        pursuant to Section 2(b)(ii)); or (vii) remove, modify or obscure any
        identification or proprietary or restrictive rights markings or notices from
        the
        Product Units or any component thereof. Reseller acknowledges that embodied
        in
        the Licensed Software is an electronic diagnostic feature (the “Feature”) that
        automatically sends Licensor a message that tells Licensor when the Licensed
        Software is operating and where the Licensed Software is being used (the
        “Information”). Reseller agrees not to delete the Feature or to build a firewall
        that prevents the Feature from sending the Information to Licensor.

      

      (d)
        Restrictions
        on Distribution.

       

      (i)
        Territory.
        Reseller
        acknowledges that Reseller is not granted any rights under this Agreement
        to
        distribute the Product Units outside the Territory. Reseller will not promote,
        market, or advertise the Product Units outside the Territory, or license,
        distribute or deliver the Product Units to any party (including End Users)
        located outside the Territory, without obtaining prior written consent from
        Licensor. If Reseller receives from any party located outside the Territory
        an
        order to license the Product Units, Reseller will not accept such order and
        will
        promptly refer such order to Licensor.

       

      (ii)
        Marketing
        Agents.
        Reseller
        may authorize or appoint members of its multi-level marketing network, or
        other
        dealers, agents, representatives, sub-distributors, value added resellers,
        systems integrators or other third parties to distribute or sublicense the
        Product Units.

       

      (iii)
        No
        Sale.
        Any
        references to "sale(s)," "resale(s)," "selling" or "reselling" of the Product
        Units in this Agreement refer only to the sale and transfer of title of the
        medium on which the Licensed Software is stored and no title to the Licensed
        Software is transferred. The Licensed Software may only be distributed under
        this Agreement as expressly provided in this Section 2.

       

      (iv)
        No
        Changes to Units.
        Reseller
        shall distribute the Product Units in the form delivered by Licensor, unopened,
        unmodified and with the End User License, User Documentation, packaging,
        and/or
        other items intact.

       

      (e)
        IP
        Ownership.
        Subject
        to the terms and conditions of Section 2(b)(ii) below, Licensor shall own
        all
        right, title and interest, including all Intellectual Property Rights, in
        and to
        the Licensed Software, End User License, Documentation, packaging and other
        items contained within the Product Units ("Licensor Items"). All rights in
        and
        to the Licensor Items not expressly granted to Reseller under this Agreement
        are
        reserved by Licensor. Reseller shall not remove, alter, or obscure any
        proprietary notices (including copyright notices) of Licensor or the End
        User
        License included in or with the Licensed Software. Reseller shall take all
        reasonable measures to protect Licensor's Intellectual Property Rights in
        the
        Licensed Software, including providing assistance and measures as are reasonably
        requested by Licensor from time to time. 

       

      3.
        TRADEMARK LICENSE:

       

      Subject
        to the terms and conditions of this Agreement, Licensor hereby grants to
        Reseller a non-exclusive, non-transferable, revocable license, without the
        right
        to sublicense, only in the Territory, to use, display and reproduce the
        trademarks, service marks, or trade names owned by Licensor and placed on
        the
        applicable Product Unit or otherwise used in connection with the applicable
        Product Unit by Licensor, including without limitation the Discovery Search
        EngineTM
        ("Licensor Trademarks"), solely in connection with marketing, advertising,
        promotion, and distribution of the Product Units during the Term of this
        Agreement. Reseller's use will be in accordance with Licensor's guidelines
        and
        policies regarding advertising and trademark usage as established from time
        to
        time ("Trademark Guidelines"). All rights of Licensor in and to such Licensor
        Trademarks not expressly granted under this Section 3(a) are reserved by
        Licensor.

       

      
        
           

        

        
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      4.
        SUPPORT OBLIGATIONS; MARKETING:

       

      (a)
        Reseller
        Support:
        Licensor
        shall provide support to Reseller on terms at least as favorable as the terms
        under which Licensor provides support to any of its licensees of the Licensed
        Software.

       

      (b)
        Marketing:
        Reseller
        shall use commercially reasonable efforts to successfully market, promote
        and
        solicit orders for the Product Units on a continuing basis, and shall bear
        all
        costs incurred by Reseller in the marketing, promotion and distribution of
        the
        Product Units. Licensor assumes no responsibility for any marketing materials
        used by Reseller unless such materials were prepared and provided by Licensor
        to
        Reseller. In marketing and distributing the Product Units, Reseller shall:
        (i)
        conduct business in a manner that reflects favorably on the Product Units
        and
        the good name, goodwill and reputation of Licensor; and (ii) make no
        representations with respect to the Product Units that are inconsistent with
        the
        literature distributed by Licensor, including without limitation any warranties
        or disclaimers contained in such literature. Reseller shall include in all
        advertising all applicable copyright, trademark and other proprietary or
        restrictive rights notices as they appear on or in the Product
        Units.

       

      5.
        ORDERS, PAYMENT AND SHIPMENT:

       

      (a)
        Orders
        and Payment.
        Reseller
        shall order Product Units for resale and pay Licensor a Product Unit license
        fee
        equal to *****% of the gross revenue received by Reseller for each Product
        Unit,
        in accordance with the procedures, pricing information and other terms and
        conditions set forth on Exhibit A attached hereto, which procedures, pricing
        information and terms and conditions are incorporated herein.

       

      (b)
        Tax.
        Reseller
        will provide a resale certificate or other certificate, document, or other
        evidence of exemption for payment or withholding of use or sales taxes, tariffs,
        duties or assessments as requested by Licensor in order to exempt the
        distribution or licensing of Product Units from any such liability. Reseller
        shall pay, and shall indemnify and hold Licensor harmless from and against,
        all
        taxes, duties and levies directly imposed by all foreign, federal, state,
        local
        or other taxing authorities (including, without limitation, export, sales,
        use,
        excise, and valued-added taxes) based on the transactions or payments under
        this
        Agreement, other than taxes imposed or based on Licensor's net income.

       

      (c)
        Books
        and Records.
        During
        the Term of this Agreement, and for one (1) year after the termination of
        this
        Agreement, Reseller shall maintain at its principal office true and accurate
        books and records as sufficient to confirm Reseller's compliance with this
        Agreement. Reseller shall, during usual business hours, permit Licensor or
        its
        agents, at Licensor's expense and upon ten (10) days prior written notice,
        to
        inspect and make copies of such books and records for the purpose of verifying
        Reseller's compliance with this Agreement. If such inspection reveals a material
        breach of this Agreement by Reseller, then Reseller shall pay for the cost
        of
        such inspection in addition to any other remedies available to Licensor for
        such
        breach.

       

      6.
        WARRANTY; DISCLAIMER:

       

      (a)
        Warranty
        to End Users.
        Except
        for warranties made by Licensor under the License Agreement, any warranties
        regarding the Licensed Software are made to End Users only, pursuant to the
        terms and conditions of the End User License, and no warranty is extended
        to
        Reseller under this Agreement.

       

      (b)
        No
        Warranty on Behalf of Licensor.
        Reseller
        shall not make any representation or warranty, express or implied, binding
        or
        purporting to bind Licensor in connection with the Product Units and/or the
        Licensed Software, including but not limited to any representations or
        warranties relating to the performance, condition, title, non-infringement,
        merchantability, fitness for a particular purpose, system integration, or
        data
        accuracy of any of the foregoing.

       

      (c)
        DISCLAIMER.
        EXCEPT
        FOR THE WARRANTIES AND RESPRESENTATIONS MADE TO RESELLER AS LICENSEE UNDER
        THE
        LICENSE AGREEMENT, AND THE EXPRESS WARRANTIES, IF ANY, MADE DIRECTLY TO END
        USERS PURSUANT TO THE END USER LICENSE, LICENSOR MAKES NO WARRANTIES WITH
        RESPECT TO ANY PRODUCTS, LICENSE OR SERVICE, INCLUDING WITHOUT LIMITATION,
        THE
        LICENSOR ITEMS AND THE LICENSOR TRADEMARKS, AND HEREBY DISCLAIMS ALL STATUTORY
        OR IMPLIED WARRANTIES, INCLUDING, WITHOUT LIMITATION, ANY WARRANTIES OF
        MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, TITLE AND NON-INFRINGEMENT,
        AND ANY WARRANTIES ARISING FROM A COURSE OF DEALING, COURSE OF PERFORMANCE
        OR
        USAGE OF TRADE. LICENSOR DOES NOT WARRANT THAT THE LICENSOR ITEMS SHALL MEET
        ANY
        END USER REQUIREMENTS OR THAT THE OPERATION OF THE LICENSED SOFTWARE SHALL
        BE
        UNINTERRUPTED OR ERROR-FREE. RESELLER IS NOT AUTHORIZED TO MAKE ANY OTHER
        WARRANTY OR REPRESENTATION CONCERNING THE PERFORMANCE OF THE LICENSED SOFTWARE
        OTHER THAN AS PROVIDED, IF AT ALL, IN THE END USER LICENSE. RESELLER SHALL
        MAKE
        NO OTHER WARRANTY, EXPRESS OR IMPLIED, ON BEHALF OF LICENSOR. NOTWITHSTANDING
        ANYTHING IN THIS AGREEMENT, IN NO EVENT SHALL LICENSOR'S AGGREGATE LIABILITY
        ARISING UNDER, WITH RESPECT TO OR IN CONNECTION WITH THIS AGREEMENT EXCEED
        THE
        TOTAL MONIES PAID BY RESELLER TO LICENSOR UNDER THIS AGREEMENT; PROVIDED
        THAT
        NOTHING IN THIS AGREEMENT SHALL REDUCE ANY LIABILITY OF LICENSOR UNDER THE
        LICENSE AGREEMENT.

       

      
        
           

        

        
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      (d)
        DAMAGES.
        LICENSOR
        SHALL IN NO EVENT BE LIABLE WITH RESPECT TO ANY SUBJECT MATTER OF THIS AGREEMENT
        UNDER ANY CONTRACT, TORT (INCLUDING NEGLIGENCE AND STRICT LIABILITY), INDEMNITY
        OR OTHER LEGAL, CONTRACTUAL OR EQUITABLE THEORY FOR: (i) ANY INDIRECT,
        SPECIAL, PUNITIVE, INCIDENTAL OR CONSEQUENTIAL DAMAGES, HOWEVER CAUSED AND
        WHETHER OR NOT ADVISED IN ADVANCE OF THE POSSIBILITY OF SUCH DAMAGES; OR
        (ii) DAMAGES FOR LOST PROFITS OR LOST DATA.

       

      7.
        TERM AND TERMINATION:

       

      (a)
        Term.
        This
        Agreement shall commence on the date that Reseller agrees to this Agreement
        ("Effective Date") and will remain in full force and effect for an initial
        term
        of two (2) years, to be co-terminus with the Term of the License Agreement,
        unless earlier terminated pursuant to the terms of this Agreement. The Term
        shall automatically renew for one successive renewal term ("Renewal Term")
        if
        the License Agreement shall be renewed for a Renewal Term.

       

      (b)
        Termination
        for Cause.
        Either
        party may terminate this Agreement, effective immediately upon written notice
        to
        the other party if: (i) the other party materially breaches any term of this
        Agreement and fails to cure such breach, which is a curable breach, within
        thirty (30) days after receipt of the non-breaching party's written notice
        of
        such breach; (ii) the other party materially breaches any term of this Agreement
        which is not capable of cure; (iii) the other party dissolves, becomes insolvent
        or makes a general assignment for the benefit of its creditors; (iv) a voluntary
        or involuntary petition or proceeding is commenced by or against the other
        party
        under federal, state or foreign bankruptcy laws; or (v) the other party becomes
        insolvent, is unable to pay its debts as they become due or ceases to conduct
        business in the normal course. Termination of this Agreement under this Section
        7(b) will be without prejudice to any other remedy which may be available
        to a
        party under applicable law.

       

      (c)
        Rights
        Upon Termination; Survival.
        Upon any
        termination or expiration of this Agreement: (i) Reseller shall cease to
        be an
        authorized reseller of Product Units and all rights and licenses granted
        to
        Reseller hereunder shall cease; (ii) Reseller shall immediately: (a) cease
        all use and distribution of the Product Units; (b) discontinue any use of
        the Licensor Trademarks; and (c) cease to promote, solicit or procure
        orders for the Product Units; and (iii) Sections 1, 2(e), 5(c), 6, 7(c),
        8, 9
        and 11 shall survive.

       

      8.
        RESELLER INDEMNIFICATION:

       

      Reseller
        shall defend, indemnify and hold Licensor, its officers, directors, agents
        and
        employees harmless against any and all claims, suits, proceedings, damages,
        judgments and expenses (including reasonable attorneys' fees) or settlement
        thereof in connection with or arising from any third party claim based upon:
        (a) Reseller's use or distribution of the Product Units not in accordance
        with this Agreement; or (b) any warranties or representations made by
        Reseller or Reseller's agents which differ from those provided by Licensor.
        Licensor may, at its option, join in the defense or settlement of any such
        claim
        with counsel of its choice, at its own expense. NOTWITHSTANDING ANYTHING
        IN THIS
        AGREEMENT, IN NO EVENT SHALL RESELLER'S AGGREGATE LIABILITY ARISING UNDER,
        WITH
        RESPECT TO OR IN CONNECTION WITH THIS AGREEMENT EXCEED THE TOTAL MONIES PAID
        BY
        RESELLER TO LICENSOR UNDER THIS AGREEMENT. 

       

      9.
        CONFIDENTIALITY:

       

      Reseller
        shall protect the Confidential Information from unauthorized dissemination
        and
        shall use the same degree of care that Reseller uses to protect its own like
        information, but in no event less than a reasonable degree of care. Reseller
        shall not disclose to third parties the Confidential Information without
        the
        prior written consent of Licensor. Reseller shall use the Confidential
        Information only for purposes of performing its obligations or exercising
        its
        rights under this Agreement. Notwithstanding the foregoing, Reseller may
        use or
        disclose the Confidential Information to the extent Reseller is legally
        compelled to do so, provided, however, prior to any such compelled disclosure,
        Reseller notifies Licensor and fully cooperates with Licensor in protecting
        against any such disclosure and/or obtaining a protective order narrowing
        the
        scope of such disclosure and/or use of the Confidential Information. Reseller
        agrees that any breach of this Section 9 would cause irreparable harm to
        Licensor for which monetary damages would not be adequate and, therefore,
        Reseller agrees that, in the event of a breach of this Section 9, Licensor
        shall
        be entitled to seek equitable relief in addition to any remedies it may have
        hereunder or at law.

       

      
        
           

        

        
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      10.
        COMPLIANCE WITH LAWS:

       

      Reseller
        will comply with all applicable international, national, regional, and local
        laws and regulations with regard to its marketing, sales, distribution and
        other
        activities under this Agreement, including any applicable import and export
        laws
        and regulations in the Territory, and the U.S. Foreign Corrupt Practices
        Act,
        which prevents unlawful payments to third parties. Reseller will obtain,
        at its
        own expense, all necessary permits, licenses, registrations, and approvals
        needed in connection with the importation, marketing, sale, and distribution
        of
        the Product Units into and within the Territory. Reseller agrees that it
        will
        not export or re-export the Product Units in any form in violation of the
        export
        or import laws of the United States or any foreign jurisdiction. Reseller
        will
        defend, indemnify, and hold harmless Licensor from and against any violation
        of
        such laws or regulations by Reseller or any of its agents, officers, directors,
        or employees.

       

      11.
        GOVERNING LAW:

       

      This
        Agreement is to be construed in accordance with and governed by the internal
        laws of the State of New York without giving effect to any choice of law
        rule
        that would cause the application of the laws of any jurisdiction other than
        the
        internal laws of the State of New York to the rights and duties of the
        parties.

       

      12.
        NOTICE:

       

      Any
        notice required or permitted to be given under this Agreement if delivered
        (i)
        by hand and shall be effective on the date of delivery, (ii) by registered
        or
        certified mail, postage prepaid, return receipt requested and shall be effective
        three (3) business days after posting, (iii) by overnight courier with proof
        of
        delivery and shall be effective one (1) business day after dispatch, (iv)
        by
        email with confirming letter mailed under the conditions described in (ii)
        or
        (iii) above, and shall be effective on the date of transmission, or (v) by
        fax
        with confirming letter mailed under the conditions described in (ii) or (iii)
        above, and shall be effective on the date of transmission. All notices sent
        to
        Licensor must be given at the address, fax number and/or email of Licensor
        given
        in the first paragraph of this Agreement. All notices sent to Reseller must
        be
        given at the address, fax number and/or email of Reseller provided by Reseller
        at the time of entering into this Agreement, as updated from time to time
        by
        Reseller.

       

      13.
        ASSIGNMENT:

       

      This
        Agreement may not be assigned, in whole or in part, by either party without
        the
        prior written consent of the other party; provided that either party may
        assign
        this Agreement without the consent of the other party to any parent company
        or
        subsidiary, or to any successor to the assets or business of the assigning
        party
        by way of merger, or any purchaser of all or substantially all of the assets
        or
        equity of the assigning party. Any purported assignment, sale, transfer,
        delegation or other disposition by either party, except as permitted herein,
        shall be null and void. This Agreement shall be binding upon and shall inure
        to
        the benefit of the parties and their respective successors and permitted
        assigns.

       

      14.
        FORCE MAJEURE:

       

      Any
        delay
        in the performance of any duties or obligations of either party (except the
        payment of money) will not be considered a breach of this Agreement if such
        delay is caused by a labor dispute, shortage of materials, fire, earthquake,
        flood, war, act of terrorism, or any other event beyond the control of such
        party, provided that such party uses reasonable efforts, under the
        circumstances, to notify the other party of the circumstances causing the
        delay
        and to resume performance as soon as possible.

       

      15.
        INDEPENDENT CONTRACTORS:

       

      The
        relationship of Licensor and Reseller established by this Agreement is that
        of
        independent contractors, and neither party is an employee, agent, partner
        or
        joint venturer of the other.

       

      16.
        PUBLICITY; PRESS RELEASES:

       

      Reseller
        shall make commercially reasonable efforts to market, promote, and distribute
        the Product Units. Licensor shall be permitted to use the name of Reseller
        in
        publicity releases, advertising, or similar activities without the prior
        written
        consent of Reseller.

       

      
        
           

        

        
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      17.
        GENERAL:

       

      This
        Agreement constitutes the entire understanding of the parties with respect
        to
        the subject matter of this Agreement and supersedes all prior communications,
        understandings, and agreements, written or oral. This Agreement may be modified
        only by a written agreement signed by both parties. The failure of either
        party
        to enforce at any time any of the provisions hereof shall not be a waiver
        of
        such provision, or any other provision, or of the right of such party thereafter
        to enforce any provision hereof. If any provision specified in this Agreement
        shall be invalid under any applicable law, the invalid provision, or portion
        thereof, shall be struck and the remainder, if any, shall be deemed enforceable
        to the extent permitted under applicable law, and the remaining provisions
        of
        this Agreement shall be given effect in accordance with their terms. Nothing
        in
        this Agreement is intended or will be construed to give any person (other
        than
        Licensor and Reseller) any legal or equitable right, remedy or claim under
        this
        Agreement or any provision hereof. The captions or headings of the Sections
        of
        this Agreement are for reference only and are not to be construed in any
        way as
        part of this Agreement.

       

      IN
        WITNESS WHEREOF, the parties have caused their duly authorized representatives
        to execute this Agreement as of the date first set forth above.

       

      TRANSPARENSEE
        SYSTEMS, INC.

       

       

      By:     /s/
        Steven D. Lavine      

      Name:
        Steven D. Lavine

      Title:
        Chief Executive Officer

      

      

      

      DIGITALFX
        INTERNATIONAL, INC.

      

      

      By:     /s/
        Craig
        Ellins       

      Name:
        Craig Ellins

      Title:
        Chairman, CEO & President

      

      
        
           

        

        
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      Exhibit
        A

      

      Pricing
        Information, Payment Procedures and other Terms and Conditions

      

       

      Reseller
        and Licensor shall mutually determine the price to be charged to Reseller’s
        customers for the Product Units. Reseller shall bear all responsibility for
        the
        billing of its customers. 

      

      On
        or
        before the fifteenth day of each calendar month during the Term, Reseller
        shall
        deliver to Licensor a statement accounting for all sales of Product Units
        during
        the preceding calendar month, and such statement shall be accompanied by
        Licensor’s *****% share of any revenue received by Reseller during the preceding
        calendar month in respect of sales of Product Units. In addition, no later
        than
        one hundred twenty (120) days following the termination or expiration of
        the
        Term, Reseller shall deliver to Licensor a statement accounting for all sales
        of
        Product Units during the last calendar month of the Term, and such accounting
        shall be accompanied by Licensor’s *****% share of any revenue received by
        Reseller in respect of sales of Product Units since the last previous
        accounting. 

      

      If
        Licensor disputes any statement or amount paid, it shall notify Reseller
        of such
        dispute and the basis therefor within one hundred twenty (120) days of the
        receipt of such statement or payment, or the disputed statement or payment
        shall
        be deemed waived. 

      

      
        
           

        

        
          7Unassociated Document

     

    
      THIS
        NOTE AND THE SECURITIES ISSUABLE UPON THE CONVERSION HEREOF HAVE NOT BEEN
        REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED. THEY MAY NOT BE
        SOLD,
        OFFERED FOR SALE, PLEDGED OR HYPOTHECATED IN THE ABSENCE OF AN EFFECTIVE
        REGISTRATION STATEMENT AS TO THE SECURITIES UNDER SAID ACT OR AN OPINION
        OF
        COUNSEL SATISFACTORY TO THE CORPORATION THAT SUCH REGISTRATION IS NOT
        REQUIRED.

       

      TRANSPARENSEE
        SYSTEMS, INC.

       

      CONVERTIBLE
        PROMISSORY NOTE

      

        
          	
                  $175,000.00

                	
                  June
                    8, 2007

                
	 	
                  New
                    York, New York

                

        

      

       

      FOR
        VALUE
        RECEIVED, Transparensee Systems, Inc., a Delaware corporation (the “Company”)
        promises to pay to DigitalFX International, Inc. (“Investor”),
        or
        its registered assigns, in lawful money of the United States of America the
        principal sum of one hundred and seventy five thousand Dollars ($175,000.00),
        or
        such lesser amount as shall equal the outstanding principal amount hereof,
        together with interest from the date of this Note on the unpaid principal
        balance at a rate equal to 4.85% per annum, computed on the basis of the
        actual
        number of days elapsed and a year of 365 days. All unpaid principal, together
        with any then unpaid and accrued interest and other amounts payable hereunder,
        shall be due and payable on the earlier of (i) May 14, 2008 (the “Maturity
        Date”), or (ii) when, upon or after the occurrence of an Event of Default (as
        defined below), such amounts are declared due and payable by Investor or
        made
        automatically due and payable in accordance with the terms hereof. This Note
        is
        one of the “Notes” issued in connection with the convertible note financing that
        occurred on or about May 14, 2007.

       

      The
        following is a statement of the rights of Investor and the conditions to
        which
        this Note is subject, and to which Investor, by the acceptance of this Note,
        agrees:

       

      1.  Definitions.
        As used
        in this Note, the following capitalized terms have the following
        meanings:

       

      (a)   “Change
        of Control”
        shall
        mean a sale of all or substantially all of the Company's assets, or any merger
        or consolidation of the Company with or into another corporation; other than
        a
        merger or consolidation in which the holders of more than 50% of the shares
        of
        capital stock of the Company outstanding immediately prior to such transaction
        continue to hold (either by the voting securities remaining outstanding or
        by
        their being converted into voting securities of the surviving entity) more
        than
        50% of the total voting power represented by the voting securities of the
        Company, or such surviving entity, outstanding immediately after such
        transaction.

       

      
        
          
          

        

        
          1

          
            

          

        

        
          
          

        

      

       

      (b)  
        The
“Company”
        includes the corporation initially executing this Note and any Person which
        shall succeed to or assume the obligations of the Company under this
        Note.

       

      (c)  “Event
        of Default”
has
        the
        meaning given in Section 6
        hereof.

       

      (d)  “GAAP”
shall
        mean generally accepted accounting principles as in effect in the United
        States
        of America from time to time. 

       

      (e)  “Investor”
shall
        mean the Person specified in the introductory paragraph of this Note or any
        Person who shall at the time be the registered holder of this Note.

       

      (f)  “Lien”
shall
        mean, with respect to any property, any security interest, mortgage, pledge,
        lien, claim, charge or other encumbrance in, of, or on such property or the
        income therefrom, including, without limitation, the interest of a vendor
        or
        lessor under a conditional sale agreement, capital lease or other title
        retention agreement, or any agreement to provide any of the foregoing, and
        the
        filing of any financing statement or similar instrument under the Uniform
        Commercial Code or comparable law of any jurisdiction.

       

      (g)  “Majority
        in Interest”
shall
        mean, more than 50% of the aggregate outstanding principal amount of the
        Notes
        issued by the Company in connection with the convertible note financing that
        occurred on or about May 14, 2007

       

      (h)  “Material
        Adverse Effect”
shall
        mean a material adverse effect on (a) the business, assets, operations,
        prospects or financial or other condition of the Company; (b) the ability
        of the Company to pay or perform the Obligations in accordance with the terms
        of
        this Note and to avoid an Event of Default, or an event which, with the giving
        of notice or the passage of time or both, would constitute an Event of Default;
        or (c) the rights and remedies of Investor under this Note, or any related
        document, instrument or agreement.

       

      (i)  “Obligations”
shall
        mean and include all loans, advances, debts, liabilities and obligations,
        howsoever arising, owed by the Company to Investor of every kind and description
        (whether or not evidenced by any note or instrument and whether or not for
        the
        payment of money), now existing or hereafter arising under or pursuant to
        the
        terms of this Note, including, all interest, fees, charges, expenses, attorneys’
fees and costs and accountants’ fees and costs chargeable to and payable by the
        Company hereunder and thereunder, in each case, whether direct or indirect,
        absolute or contingent, due or to become due, and whether or not arising
        after
        the commencement of a proceeding under Title 11 of the United States Code
        (11 U. S. C. Section 101 et
        seq.),
        as
        amended from time to time (including post-petition interest) and whether
        or not
        allowed or allowable as a claim in any such proceeding.

       

      (j)  “Person”
shall
        mean and include an individual, a partnership, a corporation (including a
        business trust), a joint stock company, a limited liability company, an
        unincorporated association, a joint venture or other entity or a governmental
        authority.

       

      (k)  “Securities
        Act”
shall
        mean the Securities Act of 1933, as amended.

       

      
        
          
          

        

        
          2

          
            

          

        

        
          
          

        

      

       

      (l)  “Subsidiary”
shall
        mean (a) any corporation of which more than 50% of the issued and
        outstanding equity securities having ordinary voting power to elect a majority
        of the Board of Directors of such corporation is at the time directly or
        indirectly owned or controlled by the Company, (b) any partnership, joint
        venture, or other association of which more than 50% of the equity interest
        having the power to vote, direct or control the management of such partnership,
        joint venture or other association is at the time directly or indirectly
        owned
        and controlled by the Company, (c) any other entity included in the
        financial statements of the Company on a consolidated basis.

       

      2.  Interest.
        Accrued
        interest on this Note shall be payable at maturity.

       

      3.  Prepayment.
        This
        Note may not be prepaid.

       

      4.  Representations
        and Warranties of the Company.
        The
        Company represents and warrants to each Investor that:

       

      (a)  Due
        Incorporation, Qualification, etc.
        The
        Company (i) is a corporation duly organized and validly existing under the
        laws of its state of incorporation and (ii) has the power and authority to
        own, lease and operate its properties and carry on its business as now
        conducted.

       

      (b)  Authority.
        The
        execution, delivery and performance by the Company of this Note to be executed
        by the Company and the consummation of the transactions contemplated thereby
        (i) are within the power of the Company and (ii) have been duly
        authorized by all necessary actions on the part of the Company.

       

      5.  Representations
        and Warranties of Investors.
        Each
        Investor, for that Investor alone, represents and warrants to the Company
        upon
        the acquisition of the Note as follows:

       

      (a)  Binding
        Obligation.
        Such
        Investor has full legal capacity, power and authority to execute and deliver
        this Agreement and to perform its obligations hereunder. Each of this Agreement
        and the Note issued to such Investor is a valid and binding obligation of
        the
        Investor, enforceable in accordance with its terms, except as limited by
        bankruptcy, insolvency or other laws of general application relating to or
        affecting the enforcement of creditors’ rights generally and general principles
        of equity.

       

      (b)  Securities
        Law Compliance.
        Such
        Investor has been advised that the Note has not been registered under the
        Securities Act, or any state securities laws and, therefore, cannot be resold
        unless they are registered under the Securities Act and applicable state
        securities laws or unless an exemption from such registration requirements
        is
        available. Such Investor is aware that the Company is under no obligation
        to
        effect any such registration with respect to the Note or to file for or comply
        with any exemption from registration. Such Investor has not been formed solely
        for the purpose of making this investment and is purchasing the Note to be
        acquired by such Investor hereunder for its own account for investment, not
        as a
        nominee or agent, and not with a view to, or for resale in connection with,
        the
        distribution thereof. Such Investor has such knowledge and experience in
        financial and business matters that such Investor is capable of evaluating
        the
        merits and risks of such investment, is able to incur a complete loss of
        such
        investment and is able to bear the economic risk of such investment for an
        indefinite period of time. Such Investor is an accredited investor as such
        term
        is defined in Rule 501 of Regulation D under the Securities
        Act.

       

      
        
          
          

        

        
          3

          
            

          

        

        
          
          

        

      

       

      (c)  Access
        to Information.
        Such
        Investor acknowledges that the Company has given such Investor access to
        the
        corporate records and accounts of the Company and to all information in its
        possession relating to the Company, has made its officers and representatives
        available for interview by such Investor, and has furnished such Investor
        with
        all documents and other information required for such Investor to make an
        informed decision with respect to the purchase of the Note.

       

      6.  Events
        of Default.
        The
        occurrence of any of the following shall constitute an “Event
        of Default”
under
        this Note:

       

      (a)  Failure
        to Pay.
        The
        Company shall fail to pay when due any principal or interest payment on the
        due
        date hereunder; 

       

      (b)  Voluntary
        Bankruptcy or Insolvency Proceedings. The
        Company shall (i) apply for or consent to the appointment of a receiver,
        trustee, liquidator or custodian of itself or of all or a substantial part
        of
        its property, (ii) be unable, or admit in writing its inability, to pay its
        debts generally as they mature, (iii) make a general assignment for the
        benefit of its or any of its creditors, (iv) be dissolved or liquidated,
        (v) become insolvent (as such term may be defined or interpreted under any
        applicable statute), (vi) commence a voluntary case or other proceeding
        seeking liquidation, reorganization or other relief with respect to itself
        or
        its debts under any bankruptcy, insolvency or other similar law now or hereafter
        in effect or consent to any such relief or to the appointment of or taking
        possession of its property by any official in an involuntary case or other
        proceeding commenced against it, or (vii) take any action for the purpose
        of effecting any of the foregoing; or

       

      (c)  Involuntary
        Bankruptcy or Insolvency Proceedings. Proceedings
        for the appointment of a receiver, trustee, liquidator or custodian of the
        Company or of all or a substantial part of the property thereof, or an
        involuntary case or other proceedings seeking liquidation, reorganization
        or
        other relief with respect to the Company or the debts thereof under any
        bankruptcy, insolvency or other similar law now or hereafter in effect shall
        be
        commenced and an order for relief entered or such proceeding shall not be
        dismissed or discharged within 30 days of commencement.

       

      7.  Rights
        of Investor upon Default.
        Upon
        the occurrence or existence of any Event of Default (other than an Event
        of
        Default described in Sections 6(b)
        or
6(c)
        and at
        any time thereafter during the continuance of such Event of Default, Investor
        may, by written notice to the Company, declare all outstanding Obligations
        payable by the Company hereunder to be immediately due and payable without
        presentment, demand, protest or any other notice of any kind, all of which
        are
        hereby expressly waived. Upon the occurrence or existence of any Event of
        Default described in Sections 6(b)
        and
        6(c), immediately
        and without notice, all outstanding Obligations payable by the Company hereunder
        shall automatically become immediately due and payable, without presentment,
        demand, protest or any other notice of any kind, all of which are hereby
        expressly waived. In addition to the foregoing remedies, upon the occurrence
        or
        existence of any Event of Default, Investor may exercise any other right
        power
        or remedy granted to it hereunder or otherwise permitted to it by law, either
        by
        suit in equity or by action at law, or both.

       

      
        
          
          

        

        
          4

          
            

          

        

        
          
          

        

      

       

      8.  Conversion.

       

      (a)  Automatic
        Conversion. 

       

      (i)
        As
        soon as reasonable after the closing of this Note, management of the Company
        shall attempt to secure authorization for the creation of a new class of
        Series
        A Preferred Stock of the Company, par value $0.001 (the “New
        Class of Series A Preferred Stock”).
        The
        outstanding principal amount of and all accrued interest under this Note
        shall
        automatically convert upon the Maturity Date into that number of shares of
        the
        New Class of Series A Preferred Stock as is determined by dividing such
        principal amount and accrued interest by $2.075 per share (adjusted to reflect
        subsequent stock dividends, stock splits, combinations or recapitalizations);
        provided,
        however,
        that
        this Note shall only convert into shares of the New Class of Series A Preferred
        Stock if the Company is able to satisfy all requirements necessary to create
        the
        New Class of Series A Preferred Stock, including obtaining the necessary
        consents from the shareholders of the Company; provided
        further,
        that if
        all requirements necessary to create the New Class of Series A Preferred
        Stock
        have not been satisfied prior to the Maturity Date, or if the shareholders
        and
        board of the Company vote against the creation of the New Class of Seried
        A
        Preferred Stock, then all unpaid principal, together with any then unpaid
        and
        accrued interest and other amounts payable hereunder, shall be due and payable.
        Upon such conversion of this Note, the Investor hereby agrees to execute
        and
        deliver to the Company all transaction documents related to the conversion,
        including a purchase agreement and other ancillary agreements, with customary
        representations and warranties and transfer restrictions (including a 180-day
        lock-up agreement in connection with an initial public offering). The Investor
        also agrees to deliver the original of this Note (or a notice to the effect
        that
        the original Note has been lost, stolen or destroyed and an agreement acceptable
        to the Company whereby the holder agrees to indemnify the Company from any
        loss
        incurred by it in connection with this Note) prior to conversion for
        cancellation; provided, however, that upon satisfaction of the conditions
        set
        forth in this Section
        8(a)(ii),
        this
        Note shall be deemed converted and of no further force and effect, whether
        or
        not it is delivered for cancellation as set forth in this sentence.

       

      (b)  Optional
        Conversion.

       

      (i)  To
        Common Stock.
        At any
        time prior to the Maturity Date, all or a portion of the outstanding principal
        amount and all accrued interest under this Note shall be convertible at the
        option of Investor into that number of shares of common
        stock of the Company, par value $0.001 (the “Common
        Stock”),
        as
        is
        determined by dividing such principal amount and accrued interest by $2.075
        per
        share (adjusted to reflect subsequent stock dividends, stock splits,
        combinations or recapitalizations). Before Investor shall be entitled to
        convert
        this Note into shares of Common Stock under this Section 8(b)(i),
        the
        Investor shall execute and deliver to the Company a common stock purchase
        agreement reasonably acceptable to the Company containing customary
        representations and warranties and transfer restrictions (including a 180-day
        lock-up agreement in connection with an initial public offering). In addition,
        before Investor shall be entitled to convert this Note into shares of Common
        Stock under this Section 8(b)(i),
        it
        shall surrender this Note, duly endorsed, at the office of the Company and
        shall
        give written notice to the Company at its principal corporate office, of
        the
        election to convert the same pursuant to this Section 8(b)(i),
        and
        shall state therein the amount of the unpaid principal amount of this Note
        to be
        converted and the name or names in which the certificate or certificates
        for
        shares of Common Stock are to be issued. The Company shall, as soon as
        practicable thereafter, issue and deliver at such office to Investor a
        certificate or certificates for the number of shares of Common Stock to which
        Investor shall be entitled upon conversion (bearing such legends as are required
        by the common stock purchase agreement, and applicable state and federal
        securities laws in the opinion of counsel to the Company). The conversion
        shall
        be deemed to have been made immediately prior to the close of business on
        the
        date of the surrender of this Note, and the Person or Persons entitled to
        receive the shares of Common Stock upon such conversion shall be treated
        for all
        purposes as the record Investor or Investors of such shares of Common Stock
        as
        of such date.

       

      
        
          
          

        

        
          5

          
            

          

        

        
          
          

        

      

       

      (ii)  To
        Series A Preferred Stock.
        If the
        Company is able to satisfy all requirements necessary to create the New Class
        of
        Series A Preferred Stock, including obtaining the necessary consents from
        the
        shareholders of the Company, then upon delivery of all documents necessary
        to
        effect such conversion to Investor, the outstanding principal amount of and
        all
        accrued interest under this Note shall convert into that number of shares
        of the
        New Class of Series A Preferred Stock, par value $0.001, as is determined
        by
        dividing such principal amount and accrued interest by $2.075 per share
        (adjusted to reflect subsequent stock dividends, stock splits, combinations
        or
        recapitalizations).

       

      (c)  Conversion
        Upon Change in Control. In
        the
        event the Company consummates a Change in Control prior to the Maturity Date,
        then the outstanding principal amount of this Note, and all accrued interest
        under, shall automatically convert into shares of Common Stock of the Company
        immediately prior to the Change in Control. The number of shares of such
        Common
        Stock to be issued upon conversion shall be equal to the quotient obtained
        by
        dividing (a) the outstanding principal (and any unpaid accrued interest due
        on
        this Note) on the date of conversion, by (b) $2.075.
        Upon
        such conversion of this Note, the Investor hereby agrees to execute and deliver
        to the Company all transaction documents related to the Change in Control,
        with
        customary representations and warranties and transfer restrictions (including
        a
        lock-up agreement in connection with an initial public offering), if applicable,
        and having the same terms as those agreements entered into by the other
        purchasers of the Common Stock. The Investor also agrees to deliver the original
        of this Note (or a notice to the effect that the original Note has been lost,
        stolen or destroyed and an agreement acceptable to the Company whereby the
        holder agrees to indemnify the Company from any loss incurred by it in
        connection with this Note) at the closing of the Change in Control for
        cancellation; provided,
        however,
        that
        upon satisfaction of the conditions set forth in this Section 8(c),
        this
        Note shall be deemed converted and of no further force and effect, whether
        or
        not it is delivered for cancellation as set forth in this sentence.

       

      (d)  Fractional
        Shares; Interest; Effect of Conversion. No
        fractional shares shall be issued upon conversion of this Note. In lieu of
        the
        Company issuing any fractional shares to Investor upon the conversion of
        this
        Note, the Company shall pay to Investor an amount equal to the product obtained
        by multiplying the conversion price by the fraction of a share not issued
        pursuant to the previous sentence. In addition, the Company shall pay to
        Investor any interest accrued on the amount converted and on the amount to
        be
        paid to the Company pursuant to the previous sentence. Upon conversion of
        this
        Note in full and the payment of any amounts specified in this Section 8(d),
        the
        Company shall be forever released from all its obligations and liabilities
        under
        this Note.

       

      
        
          
          

        

        
          6

          
            

          

        

        
          
          

        

      

       

      9.  Successors
        and Assigns.
        Subject
        to the restrictions on transfer described in Sections 11and
        12
        below,
        the rights and obligations of the Company and Investor shall be binding upon
        and
        benefit the successors, assigns, heirs, administrators and transferees of
        the
        parties.

       

      10.  Waiver
        and Amendment.
        Any
        provision of this Note may be amended, waived or modified upon the written
        consent of the Company and the holders of a Majority in Interest.

       

      11.  Transfer
        of this Note or Securities Issuable on Conversion
        Hereof.
        With
        respect to any offer, sale or other disposition of this Note or securities
        into
        which such Note may be converted, Investor will give written notice to the
        Company prior thereto, describing briefly the manner thereof, together with a
        written opinion of Investor’s counsel, or other evidence if reasonably
        satisfactory to the Company, to the effect that such offer, sale or other
        distribution may be effected without registration or qualification (under
        any
        federal or state law then in effect). Upon receiving such written notice
        and
        reasonably satisfactory opinion, if so requested, or other evidence, the
        Company, as promptly as practicable, shall notify Investor that Investor
        may
        sell or otherwise dispose of this Note or such securities, all in accordance
        with the terms of the notice delivered to the Company. If a determination
        has
        been made pursuant to this Section 11
        that
        the
        opinion of counsel for Investor, or other evidence, is not reasonably
        satisfactory to the Company, the Company shall so notify Investor promptly
        after
        such determination has been made. Each Note thus transferred and each
        certificate representing the securities thus transferred shall bear a legend
        as
        to the applicable restrictions on transferability in order to ensure compliance
        with the Securities Act, unless in the opinion of counsel for the Company
        such
        legend is not required in order to ensure compliance with the Securities
        Act.
        the Company may issue stop transfer instructions to its transfer agent in
        connection with such restrictions. Subject to the foregoing, transfers of
        this
        Note shall be registered upon registration books maintained for such purpose
        by
        or on behalf of the Company. Prior to presentation of this Note for registration
        of transfer, the Company shall treat the registered holder hereof as the
        owner
        and holder of this Note for the purpose of receiving all payments of principal
        and interest hereon and for all other purposes whatsoever, whether or not
        this
        Note shall be overdue and the Company shall not be affected by notice to
        the
        contrary.

       

      12.  Assignment
        by the Company.
        Neither
        this Note nor any of the rights, interests or obligations hereunder may be
        assigned, by operation of law or otherwise, in whole or in part, by the Company
        without the prior written consent of the holders of a Majority in
        Interest.

       

      13.  Notices.
        All
        notices, requests, demands, consents, instructions or other communications
        required or permitted hereunder shall in writing and faxed, mailed or delivered
        to each party at the respective addresses of the parties as set forth in
        the
        Note, or at such other address or facsimile number as the Company shall have
        furnished to Investor in writing. All such notices and communications will
        be
        deemed effectively given the earlier of (i) when received, (ii) when
        delivered personally, (iii) one business day after being delivered by
        facsimile (with receipt of appropriate confirmation), (iv) one business day
        after being deposited with an overnight courier service of recognized standing
        or (v) four days after being deposited in the U.S. mail, first class with
        postage prepaid.

       

      
        
          
          

        

        
          7

          
            

          

        

        
          
          

        

      

       

      14.  Pari
        Passu Notes.
        Investor
        acknowledges and agrees that the payment of all or any portion of the
        outstanding principal amount of this Note and all interest hereon shall be
        pari
        passu in
        right
        of payment and in all other respects to any other notes outstanding. In the
        event Investor receives payments in excess of its pro rata share of the
        Company’s payments to the Investors of all of the outstanding notes, then
        Investor shall hold in trust all such excess payments for the benefit of
        the
        holders of the other outstanding notes and shall pay such amounts held in
        trust
        to such other holders upon demand by such holders.

       

      15.  Usury.
        In the
        event any interest is paid on this Note which is deemed to be in excess of
        the
        then legal maximum rate, then that portion of the interest payment representing
        an amount in excess of the then legal maximum rate shall be deemed a payment
        of
        principal and applied against the principal of this Note.

       

      16.  Waivers.
        The
        Company hereby waives notice of default, presentment or demand for payment,
        protest or notice of nonpayment or dishonor and all other notices or demands
        relative to this instrument.

       

      17.  Governing
        Law.
        This
        Note and all actions arising out of or in connection with this Note shall
        be
        governed by and construed in accordance with the laws of the State of New
        York,
        without regard to the conflicts of law provisions of the State of New York,
        or
        of any other state.

       

      (Signature
        Page Follows)

       

      
        
          
          

        

        
          8

          
            

          

        

        
          
          

        

      

       

      The
        Company has caused this Note to be issued as of the date first written
        above.

       

      
        	 	 	 
	 	TRANSPARENSEE
	 	a Delaware corporation
	 
 	 
 	 
 
	 	By:  	/s/
                Steven D. Lavine 
	 	
                
Name:
                Steven D. Lavine
	 	Title:
                Chief Executive Officer

      

       

      
        	 	 	 
	 	DIGITALFX
                INTERNATIONAL, INC.
	 	a Florida corporation
	 
 	 
 	 
 
	 	By:  	/s/
                Craig Ellins
	 	
                
Name:
                Craig Ellins
	 	Title: Chairman,
                CEO & President

      

       

      
        
          
          

        

        
          9

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