Document:

JobsInSite

JobsInSite Incorporated & NJIT Purchase Agreement

PURCHASE AGREEMENT (this “Purchase Agreement”) between JobsInSite  Incorporated (“JobsInSite”) and the Educational Opportunity Fund (EOF) Program of the New Jersey Institute of Technology (“the Partner”), dated August 14, 2006 whereby JobsInSite shall provide an agreed-upon set of  JobsInSite JobPrep Career ToolsTM (“Tools”) subject to the following terms, conditions and disclaimers.  The Tools shall include CD software of JobsInSite Incorporated that Partner and JobsInSite agree upon.

JobsInSite Responsibilities - Services provided to Partner:

JobsInSite will provide Partner with CD software whose intellectual content is fully owned by JobsInSite for offering to Partner’s students.  This software may not be reproduced or distributed beyond applicable students and related NJIT EOF personnel without the written consent of JobsInSite.  Responsibilities of JobsInSite include:  

1) Customized product development for all JobsInSite Tools; 

2) Production of the Tools;

3) All shipping and handling including material and direct labor costs; 

JobsInSite will offer the following products to the Partner on each of the customized CDs that it produces.  

Partner CD Bundle:  

□

Building the Perfect Resume for that Perfect Job (A)

□

The Fantastic Interview & Negotiation:  How to Come Across as the Right Person and Get what you Want (B)

□

JobsInSite 100+ Jobs Site Analysis (C)

□

Internet Job-Hunting:  What Exists & How Best to Harness It (D)

JobsInSite will provide the CD software to Partner within 4 weeks.  

Partner Responsibilities:

Partner agrees to pay invoices in a timely manner.  In particular, Partner agrees to pay the following amount for the delivery of the customized CD software.

			
	CD Amount

	Unit Price

	Total Price

	150 CDs

	$20.25 per CD

	$3037.50

Partner agrees to remit the payments according to the following schedule. 

		
	Date

	Payment

	August 25, 2006

	$1,974.38

	Upon 2 weeks of CD delivery 

	$1,063.12

Partner agrees to abide by the intellectual property provisions provided below.  

Other Provisions:

JobsInSite Copyrights - All content included on JobsInSite (“the JobsInSite Website”) including but not limited to text, graphics, logos, button icons, and images, is JobsInSite property and protected by U.S. and international copyright laws.  All materials produced by JobsInSite are completely and totally owned by JobsInSite and may not be reproduced, re-sold, or duplicated in any fashion without the explicit written consent of JobsInSite.  The collection, arrangement, and assembly of all content on the JobsInSite Website are our exclusive property and protected by U.S. and international copyright laws. 

JobsInSite Trademarks – JobsInSite.com is a trademark of JobsInSite Incorporated and applicable in the United States and all other countries.  JobsInSite graphics, logos and service names are JobsInSite trademarks and may not be used in connection with any product or service that is not JobsInSite, in any manner that is likely to cause confusion among customers or in any manner that disparages or discredits us.  Usage of the above-mentioned items cannot be used in any way that is not explicitly agreed to by JobsInSite.

 

I have read the terms, conditions and disclaimers related to the use of JobsInSite.com and acknowledge that by submitting this request I agree to abide by the terms set forth above.

Partner: EOP- NJIT

JobsInSite:  

  

Lawrence Howfall

Kofi Kankam

__________________________

_______________________________

Name

Name

/s/ Lawrence Howfall

/s/ Kofi Kankam

__________________________

_______________________________

Signature

Signature

Executive Director- EOP

CEO

__________________________

_______________________________

Position

Position

9/18/06

9/18/06

Date _____________________

Date ___________________________EXHIBIT 10.1
WEBSITE DEVELOPMENT AGREEMENT

AGREEMENT  made  August  21,  2005  by and between EconoShare, Inc. (hereinafter
referred  to  as  the  "Customer"  with  its offices at 1510 51 St. Brooklyn, NY
11219,  and  Softcode Design and Development, a Division of the Hyett Group Ltd.
(hereinafter  referred  to  as  the  "Developer"  with its office at 1510 51 St.
Brooklyn,  NY  11219.

WHEREAS  the Developer has been commissioned to create and design the EconoShare
website  and  transaction  infrastructure  and  supply  the architecture for the
layouts  of  the  website  including  the  original  artwork.

WHEREAS  the  parties agree the reproduction or the original artwork may be used
in  graphic  programs,  software,  merchandise,  adjuncts,  packaging,  books,
advertising,  promotional  items,  corporate  identity  items, or manuals of the
Customer,

IT IS AGREED AS FOLLOWS:

Customer  agrees to pay a fee for the artwork and the transaction infrastructure
and  website  development  as  follows:

1. Fees and Delivery Schedule.

A.   The  contract price, unless modified in writing by the parties, consists of
the estimate provided to the Customer.    Features and/or functions requested by
the  Customer and priced separately) plus overage will be separately negotiated.

B. "Overage" is defined as time spent on new elements or requirements introduced
into  the  project  by  the  Customer  during the development and/or testing and
revision  periods  and/or  after  completion  of  the project that have not been
estimated  in  section 1d of this contract as part of the original project or an
option  for  the  project.  No  Overage  work  will  be  undertaken unless first
negotiated  between the parties and agreed to in writing. Overage time work will
be  billed  at  $25.00  per  hour  in half hour increments. At the option of the
Developer  the  fees  for  any  overage can be paid in shares of Common Stock of
EconoShare,  Inc.  in  lieu  of cash. Developer shall invoice Seller for outside
expenses  related  to  the  website  developments.

C.  Fee compensation payable to the Developer for the initial website design and
transaction  infrastructure  with  simple  basic features excluding "Overage" or
special  features shall be the sum of $7,500 payable in 150,000 shares of Common
Stock  $.0001  par  value of EconoShare, Inc. and an aggregate of 600,000 Common
Stock  Purchase  Warrants  as  follows:

150,000  Series  A  Warrants  exercisable  @  $0.25 per Share,  150,000 Series B
Warrants  exercisable  @  $0.50   per  Share,  150,000  Series  C  Warrants
exercisable  @  $1.00  per  Share, one  150,000 Series D  Warrant exercisable at
$1.50.   Each  Warrant  is  exercisable  into  one  share  of  Common  Stock.

EconoShare,  Inc.  has  the  option  to  "call"  all  the  Warrants  presently
outstanding  and  included  in the Units (the "Warrant Call").  EconoShare, Inc.
may  exercise the Warrant Call by giving to each Warrant Holder a written notice
of  call  (the  "Call  Notice")  during  the  period in which the Warrant may be
exercised.  The Warrant Holders shall exercise their Warrant rights and purchase
the  Warrant Shares and pay for the Warrant Shares within fourteen (14) business
days  of the date of the Call Notice. Thereafter, the Warrants will no longer be
exercisable.  Warrants are valid until August 1, 2010.  Warrants are Callable by
the  Buyer  at  anytime.

D.  Developer  shall  also  provide  hosting services to Customer  for a cost of
$100  monthly.  In the event the website traffic demands a dedicated server, the
hosting  costs  will  be  renegotiated  between  the  parties.

All  of  the shares underlying the Series A Units are "Restricted Securities" as
the  term is defined in rule 144 under the Securities Act. The Company relied on
exemption  4.2  of  the  Securities  Act  of  1933  and Regulation D promulgated
thereunder.

E.  All delivery dates depend on the timeliness of the delivery of materials and
information  by the Customer. In the event materials are not timely delivered by
the  Customer,  then  the following delivery dates are automatically extended by
the  number  of  days in which the Customer materials are late. In the event the
Developer  becomes  unable to deliver the site on the completion date because of
events  outside  the  control  of  the  Developer, or If the Customer, after the
execution  of  this  agreement,  orders  options  or  creates  the necessity for
overages,  then  the  Developer  shall  give  reasonable  assurance  of  the new
completion  date and shall fix such date on a reasonable basis. All payments are
non-refundable  except  in  the  case  of  breach  by  the  Developer.

F.  This  site  will  be  programmed  using PHP, ASP 2.0, JavaScript 1.2, Visual
Basic  6.0,  and  HTML  4.0,  which  will  allow  this  website  component to be
compatible  with  the  following  browsers  and  versions:  Netscape
Navigator/Communicator 4.7 and newer, Microsoft Internet Explorer 4.0 and newer,
and  AOL  4.0  and  newer. The Customer recognizes that because of variations in
software, programming languages, and technologies that it cannot be assumed that
the  site  will  be  compatible  with  alternate  servers,  earlier  versions of
software, or technologies or versions of software which had not been released to
the  public  at  the  time of this contract. Any change in: the hosting facility
including  to  a  facility  running  the  same  software as the original server,
programming  languages  and  versions as specified, server platform (or newer or
older versions of the original platform), installed server software, or newer or
older versions of installed server software; or other changes by the Customer to
the  above  specifications may cause the site to require modifications, testing,
or  setup  at  additional  expense  to  the  Customer.

G.  This  estimate  is based upon the Customer providing the materials needed to
develop  the  site  as follows: Text must be given to us already typed in any of
the  following  formats:  WordPerfect  (.wpd), Microsoft Word or WordPad (.doc),
ASCII  text  (.txt), or Rich Text Format (.rtf). Text can also be pasted into an
email, but please note it will most likely lose its formatting. For files with a
lot  of  bolding,  underlining,  italics,  or  tables, please use WordPerfect or
Microsoft  Word/WordPad  formats.

H.  This  contract  does  not  provide  maintenance or upgrades. Accordingly, no
additional  fee  will  be  charged  to the Customer for such purposes unless the
Customer details the changes or new functions and both of the parties approve in
writing  the  new  work  as  an  option.

I.  Customer  has  the  responsibility  of  timely providing technical and other
information and documentation as needed by the Developer and to test the product
provided  and  make  written  comments  to  the Developer within reasonable time
periods  as  indicated  by Developer. The failure to provide such timely written
information,  or  test  the  product,  or  provide written comment on the tested
produce  within  those  time  periods may cause a delay in the completion of the
project  both  with regard to the completion date and possible interference with
other  contractual  obligations  of  the  Developer.

2. Reproduction rights.

The Reproduction Rights set forth herein in this Section 2 to the Customer shall
take  place and be effective only upon payment in full by the Customer under the
terms  and  time  periods  of  this  Agreement.

The services provided by Developer under this agreement (the "Services") and all
materials,  products, and modifications developed by or prepared for Customer by
Developer  under  this  agreement  and are the property of the Customer, and all
right,  title, and interest therein shall vest in Customer and shall be deemed a
"work  made  for hire" made in the course of the services rendered hereunder. To
the extent that title to any such works may not vest in Customer by operation of
law,  or such works may not be considered works made for hire, all right, title,
and  interest  therein  are  hereby irrevocably assigned to Customer exclusively
throughout the world. All such material shall belong exclusively to Customer and
Customer  shall  have  the  right  to  obtain  and  hold  in Customer's own name
copyrights,  patents,  and  trademark  registrations,  and  any  other  form  of
protection  appropriate  to  the subject matter, and any extensions and renewals
thereof,  except  for the trademark, logo, or identification of the Developer or
any  archival photos, artwork, audio, or video which are in the public domain or
any licensed software within the Website.  Developer agrees to give Customer and
any  person designated by Customer any reasonable assistance required to perfect
the  rights  defined  in  this  section upon payment of all fees hereinabove set
forth.

3. Developer's warranties.

The Developer represents as follows:

That  the  Developer  warrants that the website it has installed pursuant to the
specifications  in  section  1d  shall  be  free  of  defects in workmanship for
six-months  from  the  date  of  the  final  invoice under this contract. If any
failure  to  conform  to  this  warranty becomes apparent during a period of six
months  after date of final invoice, Developer shall, upon prompt written notice
of  the  defect  from the Customer, repair the website to make it conform to the
terms  of  this  contract.  Correction  in  the  manner  provided  herein  shall
constitute  a  fulfillment  of  all liabilities of Developer with respect to the
quality  of  its services and this contract. In the event of options or upgrades
subsequent to the final invoice under this contract, each such option or upgrade
shall  have  its  own  separate six-month warranty from invoice under these same
terms.  This  warranty  shall  not  be  extended, altered, or varied except by a
written instrument signed by both parties and no such instrument shall be deemed
to be a modification of this warranty unless such writing specifically indicates
that  it  is  a  modification of the warranty. This warranty is exclusive and in
lieu  of  and  the  Customer  waives  all  other warranties, express or implied,
including  the  warranty  of  merchantability  and  fitness  for  purpose.  The
obligation of the Developer, whether by this warranty, or contract, or any claim
of  negligence,  is limited to the terms of this warranty, and there is no right
of  consequential  damage to Customer or any third-party. If complete payment of
any  invoice  is  not  made  pursuant  to the terms of this agreement and within
thirty  (10)  days  after  a  written  notice has been sent to the Customer, the
obligation  of  the Developer under this warranty is void, while the limitations
on  the  liability  of  the  Developer  still control. In the event the Customer
modifies  or  alters  its  Website  using  a  company  or service other than the
Developer,  this  portion  of  the  warranty  is  void.

If  the  World-Wide  Website  content  developed  or used in connection with the
development  of  the  Website  by  Developer  becomes  the subject of a claim of
infringement  or  misappropriation  of  a  patent,  copyright,  trademark,  or
proprietary  right  of  any  third party, or if a temporary restraining order or
other  injunctive  relief  is  entered  against  the  use of part of all of such
content,  Developer,  in  addition to its obligations set forth above, shall use
its  best  efforts  to  either

i promptly replace such content with compatible non-infringing content; or

ii  promptly  modify  the  content  to make it non-infringing without materially
impairing  the  ability  to  use  the  content  as  intended;  or

iii promptly protect Customer's right to continue using the content; or

iv  if  none of the foregoing alternatives is reasonably available to Developer,
promptly  pay to Customer all of the monies paid and costs and expenses incurred
by  Customer  to  the  Developer.

This section shall apply only to materials provided by Developer and not to
materials provided by Customer, who is solely responsible for its inclusion in
the site.

That the Developer will create the original artwork and Website except for
artwork supplied by the Customer;

 That the Developer has the full and unrestricted right to make this agreement;

 That the artwork will not infringe upon any copyright or trademark;

That it contains no matter contrary to the law;

That the Developer will indemnify and hold harmless the Customer from any and
all claims arising there from, including reasonable legal fees.

4. Customer's Warranties.

The Customer represents as follows:

That all artwork, design, logos, likenesses, or photos or persons as supplied by
the  Customer  are  with  proper  permission;

That  any artwork supplied by the Customer does not infringe on any copyright or
trademark;

That  the  Customer  will indemnify and hold harmless the Developer from any and
all  claims  arising  there  from,  including  legal  fees.

That  the  Customer  gives  permission to the Developer to refuse at any time to
print or place on the Internet any copy, photograph, or illustration of any kind
that  in  the Developer's sole discretion it believes is an invasion of privacy,
degrading,  libelous, unlawful, obscene, pornographic, in bad taste, or which in
the  sole  judgment  of  the  Developer  is  an  infringement  on a trademark or
copyright  belonging  to  others,  without  Developer  having  any  affirmative
obligation  to  review  the  website  for  such  infringement.

5. Confidentiality.

This  Agreement  creates  a  confidential  relationship  between  Customer  and
Developer.  Information  concerning Developer's and Customer's business affairs,
vendors,  finances,  properties,  methods  of  operation,  computer  programs,
employees,  documentation,  and other such information whether written, oral, or
otherwise,  is  confidential  in  nature. Developer, Customer, and employees and
Developers of both will adhere fully to this confidentiality agreement. Customer
and  Developer  will  not disclose any confidential information to third parties
without  prior  written  consent of the other party except as may be required by
law.

6. Governing Law.

This  agreement  shall  be binding upon the heirs and assigns of the parties and
shall  be governed by and interpreted according to the laws of  the State of New
York.  Any  dispute  arising  out  of  this  agreement  shall  be  settled  via
arbitration  or  mediation.

7. Entire Agreement.

 This  agreement represents the full understanding between the parties and there
is  no  other  agreement, oral or written, between them, and that this agreement
may  not  be  modified without an agreement in writing signed by the party to be
charged.

8. Breach or Cancellation.

In  the  event  of  any uncured default in payment within ten (10) business days
after  notice  by  the  Developer, the Customer shall be deemed to be in default
under this contract. Upon such contract default, or if the Customer gives notice
of  cancellation  of  the  contract  without  any  default of the Developer, the
Developer is immediately entitled to all payments previously made and to invoice
for  all  work including overage and options ordered by the Customer to the date
of  cancellation  or breach. There shall be no right to a refund to any payments
already  made. Developer shall be entitled to reasonable legal fees in the event
the  services  of  an  attorney  are necessary for collection.  Consequential or
third-party  damages  are  prohibited.

 In  the event of any uncured default by the Developer within five business days
of  notice by the customer concerning the delivery schedule, the Developer shall
be  deemed in default under the contract and the Customer shall be entitled to a
refund  of  payments  made  at which time the contract is cancelled, the work is
deemed  that  of  the  Developer,  without  any  warranties  by  the  Developer.

The  Customer  shall  be  entitled  to  reasonable  legal  fees in the event the
services  of  an  attorney  are  necessary  for  collection.  Consequential  or
third-party  damages  are  prohibited.

10. Notices.

All  notices,  necessary, or required writings or documents under this agreement
shall  be  delivered personally or fax received or email delivered, or mailed by
certified  mail,  postage prepaid addressed to the Developer and Customer at the
addresses  set  forth  herein,  the  use  of  any of which may be deemed to be a
writing  signed  by  the  party  to  be  charged.

ACCEPTED AND AGREED:

DEVELOPER   BY:  Softcode Design & Development,
                 a Division of The Hyett Group, Ltd.)
                 /S/ Ethel Schwartz V.P.

CUSTOMER:

                    BY: EconoShare, Inc. /s/ Hyman Schwartz

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