Document:

Agreement with the Samsung Student Card Project Agreement

 Exhibit 10(p) 
  
 Cooperation Agreement 
  
 The purpose of this Cooperation Agreement (the “AGREEMENT”) is to set forth certain binding agreements and stipulations for collaborating on a nationwide
School and Educational Institution Management Project in the Republic of Korea (the “Joint Project”) as defined hereinbelow. The AGREEMENT is made and entered into as of the 18th day of June, 2004 by and between eSmart Korea, LLC.,
a limited liability corporation duly organized and existing under the laws of the Republic of Korea, having offices at 642-9, Songchon B/D 9F. Yeoksam-dong. Gangnarn-gu, Seoul, Korea ( “E-SMART”), Samsung SDS Co., LTD., a
corporation duly organized and existing under the laws of the Republic of Korea, having offices at 707-19, Yeoksam-2-dong, Gangnam-gu, Seoul, Korea (“SDS”), and Kobile Inc. a corporation duly organized and existing under the laws of
the Republic of Korea, having offices at 32-8, Samho 3rd APT 202, Banpo-dong, Seocho-gu, Seoul, Korea
(“KOBILE”), each hereinafter sometimes referred to as party or collectively as parties 
  
 WITNESSETH 
  
 WHEREAS, E-SMART is the provider in Korea of the Biometric Verification Security SystemTM (“BVS2TM”) and the Super Smart CardTM (hereinafter collectively referred to as the “Product”); 
  
 WHEREAS, SDS and KOBILE desire to join with E-SMART to deploy the Product by performing certain specified and to be specified services with respect to and in connection with the Joint
Project; 
  
 WHEREAS, E-SMART, SDS, and KOBILE are each desirous
to collaborate with each other in order to realize the Joint Project on the terms and conditions set forth herein 
  
 NOW, THEREFORE, in consideration of the mutual promises and covenants set forth herein, the parties hereto agree as follows: 
  

	1.	THE JOINT PROJECT 

  

	1.1.	 “Joint Project” as used herein shall mean the implementation of the Product and the provision of related systems and equipment as necessary
to digitize 

  

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and provide certain services to all participating schools, educational institutions and their related facilities located in the Republic of Korea (each an
“Institution”, collectively, the “Institutions”) on a turn key, ______ basis. As of the date hereof, certain Institutions have already executed binding commitments to be participating Institutions. A
list of these participants is attached hereto as Exhibit A and made a part hereof. 

  

	1.2	When installation is complete at each Institution, E-SMART shall operate the system provided and shall supply and issue E-SMART’s Super Smart
Card’sTM to all students and personnel of such
Institution to be used for ID, access, payments of all kinds including tuition and payments to local merchants, banking, SMS, among other applications. 

  

	1.3	Transaction fees generated through the use of the Product shall be for the sole benefit of E-SMART in order to defray E-SMART’s initial implementation
costs as well as the on-going operating expenses of the system. 

  

	1.4	Loyalty rebates/discounts from all participating vendors, including but not limited to the Institutions, shall be split by the parties such that two-thirds (2/3) of these
sums shall be paid solely to E-SMART as received and one-third (1/3) of these sums shall be paid jointly to SDS and KOBILE as received. 

  

	2.	MAJOR RESPONSIBILITY OF PARTIES 

  
 2.1 E-SMART, SDS and KOBILE shall fully cooperate with one another, each providing their particular expertise to the Joint Project in a manner
designed to maximize the success of the Joint Project and, therefore the success of each party. In particular: 
  
 (A) E-SMART shall be the Product provider and the system operator and shall supply: 
  
 (A.1) the proprietary software and hardware required to
implement E-SMART’S BVS2TM operating
platform to each Institution; 
  

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 (A.2) its Super Smart CardsTM in quantities sufficient for each institution to provide one card to each of its
students, personnel and any other agreed persons; 
  
 (A.3) all services necessary to operate the BVS2TM platform and the Super Smart CardsTM for the purposes described herein; 
  
 (A.4) the opportunity for SDS and KOBILE to provide all “COTS” (Commercial, Off The Shelf) equipment and software as needed to implement the Product at prices and on terms solely
acceptable to E-SMART and its bankers as well as the opportunity to provide such other services as may be agreed between E-SMART and SDS and/or KOBILE as may be necessary to implement the Product for the Joint
Project; 
  
 (A.5) by arrangement with
its bankers for the investment of all necessary funds for the Joint Project subject to the receipt by E-SMART’S bankers of all guarantees, documentation and agreements to their sole and complete satisfaction. 
  
 (A.6) such other services as may be agreed among the parties
from time to time and evidenced by a document duly executed by each party hereto. 
  
 (B) SDS shall be the prime system integrator for the installation and delivery of the Joint Project and as such shall supply: 
  
 (B.1) all COTS equipment and COTS software required to successfully implement the Joint Project on
terms and conditions acceptable to E-SMART and its bankers; 
  
 (B.2) all custom software necessary to localize the BVS2TM platform and/or as may be required in the opinion of E-SMART for the proper operation of the Product when used for the purposes of the Joint Project on terms and conditions acceptable to
E-SMART and its bankers; 
  
 (B.3) such
other services as may be agreed among the patties from time to time and evidenced by a document duly executed by each party hereto. 
  

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 (C) KOBILE shall be the prime marketing manager and as such shall supply: 
  
 (C.1) an irrevocable and unconditional contract with each
Institution on terms fully satisfactory to each party and to E-SMART’S bankers calling for the parties to supply the Joint Project to such Institution and for such Institution to use the Product for all financial
transactions, among others, and to require use of the Product by all of its students, personnel and agreed others for a period of not less than              years; 

 
 (C.2) agreements with merchants and suppliers to use the
Product for financial transactions, among others, to the maximum extent possible; 
  
 (C.3) such other services as may be agreed among the parties from time to time and evidenced by a document duly executed by each party
hereto. 
  

	3.	OTHER RESPONSIBILITIES 

  
 3.1 E-SMART, SDS, and KOBILE shall cooperate in complete good faith for the mutual benefit of all to complete the Joint Project. 

 
 3.2 E-SMART and SDS and shall provide KOBILE with necessary
collateral support as needed for its marketing efforts, including technical information and presentations. 
  
 3.3 If necessary in the opinion of the parties and their mutual legal advisors, E-SMART, SDS, and KOBILE shall establish a new corporation for this Joint Project. In such case the arrangement and
details of the new corporation shall be decided through negotiations. 
  
 3.4
E-SMART, SDS, and KOBILE shall cooperate to gain the greatest market share and expand to as many institutions for the Joint Project as possible. In this regard, the parties agree to work together and to share information
on the market trends and demand and to coordinate with each other. 
  

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 3.5 It shall be the responsibility of each party to this AGREEMENT to enter into good faith negotiations to
finalize all necessary details and further agreements as may be necessary in the soonest reasonable time. 
  

	4.	INTELLECTUAL PROPERTY 

  
 4.1 Unless otherwise agreed to in writing in advance, all intellectual property rights, including without limitation to the generality of the foregoing, copyright, in any
material produced in pursuance of the Joint Project shall vest in and at all times and remain vested in the originator of that material. 
  
 4.2 No party shall gain or acquire by virtue of this AGREEMENT any rights of ownership of copyrights, patents, trade secrets, trademarks or any other intellectual
property rights owned by the other. 
  
 4.3 No party herein shall use the
trademarks, service marks, proprietary words or symbols of the other party without the express prior written consent of the other party. 
  
 4.4 SDS and KOBILE each acknowledge that the technology related to the BVS2TM platform and to the Super Smart CardTM and its payment system all as to be provided by E-SMART pursuant to the terms hereof, including without
limitation the systems’ and card’s designs, business processes, specifications, drawings, prototypes and related information: (i) are the proprietary property of E-SMART; (ii) are provided to SDS and KOBILE solely for purposes of the Joint
Project and other agreements to be made as referenced above, (iii) shall not be used by SDS and/or KOBILE for its or their own use and benefit except pursuant to the terms of a definitive license agreement entered into by E-SMART, SDS and KOBILE and (iv) shall be held in strictest confidence and not
disclosed to any other party. 
  

	5.	BUSINESS CONFIDENTIALITY 

  
 5.1 The Parties acknowledge that each party may disclose information to the other party with respect to its business plans, its business activities, operations and trade

  

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secrets. Each party shall hold such information in strict confidence and shall not reveal the same, except for any information which is: generally available
to or known to the public; known to such party prior to the negotiations leading to this AGREEMENT; independently developed by such party outside the scope of this AGREEMENT; or lawfully disclosed by or to a third party or tribunal. The confidential
information of each party shall be safeguarded by the other to the same extent that it safeguards its own confidential materials or data relating to its own business. 
  

	6.	TERM AND TERMINATION 

  
 6.1 This AGREEMENT shall be effective immediately upon the due execution and delivery of same by all parties hereto and shall remain in full force and effect until a more detailed agreement has been executed
and delivered by all parties hereto. 
  

	7.	GENERAL PROVISIONS 

  
 7.1 Force Majeure. No party shall be liable for any delay or failure in performing its obligations hereunder due to causes beyond the reasonable control of the parties, including but not limited to, natural
disaster, strikes, lock outs, war (declared or undeclared), mobilization (preparation for war), revolutions, riots, sabotage, terrorism or acts of any governmental authority. 
  
 7.2 Publicity. Any news release, public announcement, advertisement, or publicity to be released by any party concerning this
AGREEMENT shall be subject to the prior written approval of each other party, which shall not be unreasonably withheld. To the extent any announcement is or may be required by law, the party so required shall in good faith attempt to get
timely approval from the other parties. If timely approval is not forthcoming, the requesting party shall be free to comply with such law or regulation in good faith. 
  
 7.3 Assignment. No party shall assign, sub-contract and/or delegate its rights or obligations under this AGREEMENT without the prior
written consent of the other parties. 
  

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 7.4 Entire Agreement. With the exception of a previously executed “Mutual Non Disclosure Agreement”
which shall remain in force between the parties, this AGREEMENT, including the Exhibits attached hereto, if any, constitutes the entire agreement between the parties concerning the subject matter hereof and supersedes all prior or contemporaneous
proposals or agreements whether oral or written, and all communications between the parties relating to the subject matter of this AGREEMENT. 
  
 7.5 Severability. If any provision of this AGREEMENT, or any part thereof, is held to be invalid, voidable or unenforceable, the remainder of this AGREEMENT shall
be in full force and effect, and each remaining provision of this AGREEMENT shall be valid and enforceable. 
  
 7.6 Amendment. No amendment or modification of any provision of this AGREEMENT shall be effective unless in writing and signed by duly authorized representatives of all parties. 
  
 7.7 Waiver. The waiver by any party of a breach of or a default under any provision of
this AGREEMENT, shall not be construed as a waiver of any subsequent breach of the same or any other provision of the AGREEMENT, nor shall any delay or omission on the part of either party to exercise or avail itself of any right or remedy that it
has or may have hereunder operate as a waiver of any right or remedy. 
  
 7.8
Governing Law/Dispute Resolution. This AGREEMENT shall be governed by and construed in all respects in accordance with the laws of the Republic of Korea. All disputes, controversies or differences which may arise out of or in connection with
this AGREEMENT, or for the breach thereof, shall be finally settled by arbitration in SEOUL KOREA in accordance with the Commercial Arbitration Rules of the Korean Commercial Arbitration Board. The arbitration panel shall consist of three (3)
members the chairman of which shall be from a neutral country and background The award rendered by the arbitrators shall be final and binding upon the Parties concerned. 
  
 (remainder of page intentionally left blank) 
  

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 IN WITNESS WHEREOF, the parties have caused this AGREEMENT to be signed and delivered by their duly authorized
representatives as of the date first above written. 
  

									
	Samsung SDS	 	 	 	e-Smart Korea Inc.
					
	By:	 	 /s/ Illegible
	 	 	 	By:	 	 /s/ Mary Grace

					
	 	 	Illegible	 	 	 	 	 	Mary Grace
	 	 	V. President	 	 	 	 	 	President
	 	 	(name & title)	 	 	 	 	 	(name & title)
					
	 	 	6, 19, 2004	 	 	 	 	 	June 19, 2004
			
	Kobile Inc.	 	 	 	 
					
	By:	 	 /s/ Illegible
	 	 	 	 	 	 
					
	 	 	 CEO ______________
	 	 	 	 	 	 
	 	 	(name & title)	 	 	 	 	 	 
					
	 	 	6, 19, 2004	 	 	 	 	 	 

  

 8Agreement with Mybi Co. Ltd

 Exhibit 10(q) 
  
 Agreement 
  
 December 3rd, 2004 
  
 e-Smart technologies, Inc. 
  
 Mybi Co., LTD 
  
 Samsung SDS Co.,
LTD 
  

 The following agreement (hereinafter “Agreement”) is signed and agreed by e-Smart technologies,
Inc. (477, Madison, Ave. 12th, Fl, New York, N.Y, 10022 hereinafter “e-Smart”), Mybi Co., LTD (Wooshin
Building 12F 830-266, Beomll 2-dong, Dong-gu, Busan), and Samsung SDS Co., LTD (707-19 Yeoksam, Gangnam Seoul). 
  
 Article 1 Purpose of the Agreement 
  
 The Agreement is to define the scope of cooperation and other details in order to promote mutual cooperation and benefits of e-Smart, Samsung SDS and
Mybi. 
  
 Article 2 Work Scope 
  
 The scope of cooperation (hereinafter “Cooperation Scope”) among
“e-Smart”, “Mybi”, and “Samsung SDS” refers to Busan Metropolitan Healthcare Card System, and all other projects to deploy and setup user infrastructure of eSmart/Mybi Card within the business area of “Mybi”.

  
 Article 3 Role Division 
  
 1 “e-Smart”, “Mybi”, and “Samsung SDS” will work and cooperate
in good faith to achieve the objectives of the project. 
  
 2 “e-Smart”
and “Mybi” will put “Mybi e-Cash” on top of “eSmart Card” (fingerprint recognition), and will do collaborative marketing activities within the business area of “Mybi” (hereinafter Mybi(e-Smart) Card).

  
 3 Each party shall assume the following role. 
  
 A. “e-Smart” 
  

	 	1)	Distribution of “Mybi(e-Smart) Card” In a collective manner 

  

	 	2)	Investment into various online and offline Infrastructure for the use of “Mybi(e-Smart) Card” 

  

	 	3)	Collectively setup various online and offline infrastructure for the use of “Mybi(e-Smart) Card” 

  

	 	4)	Collective marketing activities to promote the use of “Mybi(e-Smart) Card” 

  

	 	5)	Collective development of additional services in relation to “Mybi(e-Smart) Card” 

  

	 	6)	Investment into the establishment of Busan Healthcare Web Portal project. 

  

	 	7)	Execution of contract with “Samsung SDS” without delay when member hospitals are fully selected for the phase 1 of Busan healthcare card project. 

 
 B. “Mybi” 
  

	 	1)	Best effort and support for the distribution of “Mybi(e-Smart) Card” 

  

	 	2)	Service fee distribution arising from the use of “Mybi(e-Smart) Card” 

  

	 	3)	Collection and clearance in relation to the use of “Mybi(e-Smart) Card” 

  

	 	4)	Collective setup of various online and offline infrastructure for the use of “Mybi(e-Smart) Card”. 

  

	 	5)	Collective development of various additional services in relation to “Mybi(e-Smart) Card”. 

  
 C. “Samsung SDS” 
  

	 	1)	Development and deploy of the system (server and SI requirements) that are needed for the Busan Healthcare Card Project. 

  

	 	2)	Mutual technical support and maintenance for the Busan Healthcare Card Project. 

  

	 	3)	Endeavor to induce 10 hospitals for the Phase 1 of the Busan Healthcare Card Project. 

  

	 	4)	Marketing activities to increase the number of member hospitals in future. 

  
 Article 4 Schedule and Details of the “Cooperative project” 
  
 1 The schedule of the Busan Healthcare Card Project is divided into development phase and implementation phase, and the pilot project shall
be conducted during development phase. 
  
 2 After signing the Agreement,
“e-Smart” and “Mybi” shall sign on an agreement that specifies the details of the “Cooperative Project” 
  
 3 The size and timing of Investment and the date that the card will be used in the “Mybi” transportation infrastructure shall be reflected within the detailed
agreement between “e-Smart” and “Mybi”. 
  
 Article 5 Investment and Profit Sharing 
  
 Investment and profit sharing between “e-Smart” and “Mybi” shall be determined by a separate agreement between the two. 
  

 Article 6 Creating a Detailed Agreement 
  
 Items and details not specified in the Agreement shall be determined by the
three parties and the three parties shall create a separate agreement for individual items and details when needed. 
  
 Article 7 Confidentiality 
  
 1 The three parties shall not reveal all information and know-hows from the other parties and shall not use such information and know-hows for purposes other than the
purpose of the Agreement. 
  
 2 Employees of the three parties shall sign on a
confidentiality statement when handing such information. “Confidential information” refers to all information and documents that are handled by participants and shall include, but not limited to the followings. 
  
 A. All developments 
  
 B. All deliverables 
  
 C. All software, documents, marketing, customer data and other information.

  
 D. Information marked as confidential or other information and
documents revealed under a confidential environment, 
  
 3 The three parties shall
not use confidential information from each other for purposes other than for the execution of the Agreement. 
  
 Article 8 Discussions 
  
 Should there is disagreement regarding a specific item not specified in the Agreement or regarding the interpretation of the item, the three parties shall
consult each other and follow general practices before applying other measures. 
  
 Article 9 Term 
  
 This Agreement shall continue for one(1) year from the effective date and be automatically renewed for one(1) year, unless earlier terminated by sixty(60)
days prior written notice to the other party. 
  

 Article 10 Termination 
  
 This Agreement will terminate at the end of 15 days after written notice from the non-breaching party to the breaching party
specifying a breach that is capable of being cured, if the breaching party fails to cure the breach within that time. This Agreement will terminate immediately upon written notice, in the event the other party (i) ceases to do business, (ii) becomes
insolvency (iii) flies or has filed against it a petition (or other document), under any bankruptcy law or similar law (iv) proposes any dissolution, liquidation, composition, financial reorganization or recapitalization with creditors, or (v) a
receiver, trustee, custodian or similar agent is appointed or takes possession of any its property or business. 
  
 Article 11 Applicable Law 
  
 All disputes arising out of or in connection with the present Agreement shall be finally settled under the Rules of Arbitration of the International Chamber of Commerce
by one or more arbitrators appointed in accordance with the said Rules in Seoul, Korea.” 
  
 Article 12 Language 
  
 This Agreement is executed in English and Korean language and The Agreement written in Korean language prevails. 
  
 “e-Smart”, “Mybi”, and “Samsung SDS” shall
create three copies of the Agreement and keep one copy each. 
  
 December 3rd, 2004 
  

 “eSmart” 
  

									
	 477, Madison, Ave, 12th, Fl, New York, N.Y, 10022
	 	 	 	 	 	 
	 e-Smart technologies, Inc.
	 	 	 	 	 	 
	 Mary A. Grace, President and CEO 
	 	 /s/ Mary A. Grace
	 	 	 	 	 	  

  
 “Mybi” 
  

									
	 830-266, Beomil 2-dong, Dong-gu, Busan
	 	 	 	 	 	 
	 MYbi Co., LTD.
	 	 	 	 	 	 
	 Boong-Weon Song, President and CEO 
	 	 /s/ Illegible
	 	 	 	 	 	  

  
 “Samsung SDS” 
  

									
	 707-19 Yeoksam, Gangnam Seoul
	 	 	 	 	 	 
	 Samsung SDS Co., LTD.
	 	 	 	 	 	 
	 Kwang-kyun Cho, Executive Vice President 
	 	 /s/ Illegible

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