Document:

EXTENSION OF LETTER OF INTENT

 Exhibit 10.3 
 [CSI Letterhead] 
 October 31, 2006 
 Mr. William J. McAleer 
 McAleer Computer Associates, Inc 
 3213 Executive Park Circle 
 Mobile, AL 30606 
 Dear Bill: 
 Since the Definitive Agreement is still being reviewed, we propose that we extend the time period under our Letter Agreement to
execute the Definitive Agreement until November 30, 2006. We have a Board of Directors meeting scheduled for November 10, 2006 and are planning to vote on the Definitive Agreement at that time. In order to prepare the Board for their vote, I would
like to send the Definitive Agreement to them by November 3, 2006. If we are not able to finalize the agreement by November 3, then we will arrange an additional board meeting to approve the document once the agreement is completed.

 Please sign below in order to extend the time period to execute the agreement. 
  

			
	 COMPUTER SOFTWARE INNOVATIONS, INC.

		
	 By: 
	 	 /s/ Nancy K. Hedrick

	 Nancy K. Hedrick

	 President and Chief Executive Officer

	
	 MCALEER COMPUTER ASSOCIATES, INC.

		
	 By: 
	 	 /s/ William J. McAleer

	 William J. McAleer

	 President

 900 East Main Street, Suite T | Easley, SC 29640 | toll free:
800-953-6847 | ph: 864-855-3900 | fax: 864-422-0647 | csioutfitters.comAl Tam,imi Letter

    
      

      

    

     

    AL
      TAMIMI

    &
      COMPANY

     

    
      

      

    

    Advocates
      & Legal Consultants

    

    Arab
      Tower 5th
      Floor
      Suite 504 P.O. Box 44046 United Arab Emirates Tel: +971 2 674 4535 Fax: + 971
      2
      676 8762

    

    

    December
      14, 2005

    

    Mr.
      Andrey Kharlanov

    General
      Manager

    City
      Mix,
      LLC

    Abu
      Dhabi, U.A.E.

    

    This
      is
      with regard to your request on clarification on the legal position with respect
      to (1) the issue of ownership of the land in the UAE by the government and
      related risks, and (2) risks associated with the functioning of assets and
      operations of a foreign company in the UAE and enforceability of agreements
      entered into outside the UAE.

    

    We
      advise
      that our professional opinion regarding the above issues as
      follows:

    

    
      	
              (1)
                

            	
              The
                fact that the land in the UAE is owned by the government does not
                constitute a material risk as the UAE is the country with a stable
                developing economy and the policy of the federal government excludes
                any
                damages to business.

            

    

    

    
      	
              (2)
                

            	
              The
                risks, associated with the functioning of assets and operations of
                a
                foreign company in the UAE are of a minimal character. Activities
                of
                foreign companies in the UAE are governed by the laws of the UAE,
                which
                set forth equal legal requirements and regulations both for national
                and
                foreign entities. Most of the world’s international companies have
                substantial production, material and financial assets in the UAE.
                Pursuant
                to the UAE laws, including Civil Transaction Law being Federal Law
                No. 8
                of 1985, all agreements, contracts, undertakings and liabilities
                of
                foreign entities are fully enforceable in the UAE provided such entities
                and such agreements, contracts, undertakings and liabilities are
                registered with the appropriate UAE
                authorities.

            

    

    

    

    

    We
      consent to our name being named in your registration statement on Form SB-2
      filed with the SEC.

    

    Yours
      truly,

    

    

    /s/
      Al
      Tamimi & Co.

    Al
      Tamimi
& CompanyRussian Patent Registration

    

      FEDERAL
        SERVICE FOR INTELECTUAL PROPERTY, PATENTS AND TRADE MARKS

      (ROSPATENT)

      

      FEDERAL
        INSTITUTE OF INDUSTRIAL PROPERTY

      30,
        Block 1 Berezhkovskaya Nab., Moscow G-59, GSP-5, 123995 Telephone
        240-60-15 Telex 114818 PD×
        Fax 243-33-37

      

      NOTIFICATION
        OF FILING AND REGISTRATION OF APPLICATION

      

      
        	
                15.12.2005

              	
                967582

              	
                2005732416

              
	
                Date
                  of Registration

              	
                Incoming
                  No.

              	
                Registration
                  No.

              

      

       

       

      Application
        for Registration of Trade Mark (Trade Service) in Russian
        Federation

      

      Mailing
        Address      
Vladimir
        Nikolaevich Roslov

       Office
        3323

       78
        Profsoyuznaya Street

       Moscow
        117393, Russia

      

      To: Federal
        Government Authority for Intellectual Property

      30,
        Block
        1 Berezhkovskaya Nab., Moscow G-59, GSP-5, 123995

      

      Application

      

      I
        have
        filed the application and the below listed documents and you are kindly
        requested to have the mark designated herein registered in the name of the
        applicant.

      

      APPLICANT

      

      Royal
        Capital Management, Inc.       
Country
        Code by WIPO Standard

      325
        Flower Lane, New Jersey 07751, USA     
US

      

      Patent
        Attorney         Vladimir
        Nikolaevich Roslov  Telephone
        330-17-11

      Patent
        Attorney No. 18     Fax
        330-17-11

      Office
        3323

      78
        Profsoyuznaya Street

      Moscow
        117393, Russia

      

      Description
        of the Mark

      

      The
        mark
        represents a graphic element made in the form of a rectangular with the turned
        up upper right corner, and the contour of the rectangular is made by a double
        line forming a figured ‘pocket’ inside, the walls of which are associated with
        Latin letters ‘Z’ and ‘S’ being the initials of the developers of the mark. The
        Mark is made in black and grey tones and is designed to create associative
        links
        with a monogram on ancient silver. The mark is original and has a distinctive
        feature in relation to the products and services applied for.

      

      No.
        of
        pages - 3

      No.
        of
        documents for duty payment - 1

      No.
        of
        photographs/pictures - 1

      

      Name
        of
        Recipient Officer

      (signature)

      E.V.Kulikova

      

      
        
           

        

        
           

          
            

          

        

        
           

        

      

       

      Products
        and/or services for which the mark registration is requested grouped by classes
        of the International Classification of Products and Services for Mark
        Registration

      

      Class   Description

      

      16   Materials
        for education (excluding instruments); Publications; Text-books

       
        41             Publishing
        books; Organization and holding of master classes (education); Organization
        and
        holding of seminars; Publishing of text materials (excluding advertising);
        Educational services

      42   Installation
        of software; Development of software; 

                  Licensing
        of intellectual property subjects

      

      List
        of
        Attached Documents

       

      

        
          	 	
                  No.
                    of Documents

                	
                  No.
                    of Copies

                
	 	 	 
	
                  Document
                    for payment of duties in the stipulated amount

                	
                  1

                	
                  1

                
	
                  Set
                    of photographs of the mark applied for

                	
                  1

                	
                  7

                
	
                  Power
                    of attorney certifying the authorities of patent attorney

                	
                  1

                	
                  1

                

        

      

       

      
 

      Signature

      

      Date         (signature)               V.N.
        Roslov

      December
        14, 2005                     Patent
        Attorney No. 18Cooperation Agreement

    COPERATION
      AGREEMENT

    

    Moscow October
      1, 2006

    

    Russian
      State Social University
      in the
      person of Principal V. I. Zhukov acting in accordance with the Articles of
      Association, hereinafter referred to as the “University”, on the one hand and
Society
      with Limited Liability “’SuperTutor’ International Center for Support of
      Educational Programs”
      in the
      person of General Manager L. V. Yeremkina acting in accordance with the Articles
      of Association, hereinafter referred to as the “Center”, on the other,
      hereinafter jointly referred to as the “Parties” and separately as the “Party”,
      have entered into this Cooperation Agreement as follows.

    

    1.
      Subject of Agreement

    

    
      	
              1.1.

            	
              The
                Parties shall combine their efforts and potentialities within the
                framework of their activities to organize the effective and mutually
                beneficial long-term cooperation for the purpose of satisfying the
                person’s needs for intellectual, cultural and moral
                development.

            

    

    

    
      	
              1.2.

            	
              For
                the purpose of cooperation hereunder the Parties shall assist each
                other
                to develop the system of online training of English as a second language
                carried out by ZS SuperTutor© educational aids owned by Royal Capital
                Management Inc. and with the support of a web
                site.

            

    

    

    
      	
              1.3.

            	
              Measures
                to be taken within the framework of their cooperation hereunder,
                certain
                stages, timing, settlements, and other specific conditions shall
                be
                determined by the Parties in supplemental agreements hereto or separate
                agreements.

            

    

    

    2.
      Collaboration of the Parties

    

    
      	
              2.1.

            	
              The
                Parties shall work out recommendations for the development of the
                system
                of online training of English as a second
                language.

            

    

    

    
      	
              2.2.

            	
              The
                Parties shall exchange the necessary information, organize joint
                seminars,
                exhibitions, discussions for the purpose of the development of the
                online
                training.

            

    

    

    
      	
              2.3.

            	
              The
                Parties shall develop and determine the directions of the online
                training
                activities within the framework of their cooperation
                hereunder.

            

    

    

    3.
      Term of Agreement

    

    
      	
              3.1.

            	
              This
                Agreement shall come into force from the moment of signing and shall
                remain effective within one (1)
                year.

            

    

    

    If
      neither party informs the other party in writing that it wishes to terminate
      this Agreement thirty (30) days prior to its expiry date, the term of this
      Agreement shall be automatically extended for another three years on the same
      terms and conditions.

    

    
      	
              3.2.

            	
              The
                early termination of the Agreement can be effected by either Party
                by a
                written notice to the other Party not less than fifteen (15) days
                prior to
                the intended termination date as well as under other circumstances
                stipulated by the laws of the Russian
                Federation.

            

    

     

     

    
      
         

      

      
         

        
          

        

      

      
         

      

    

    
 

    4.
      Liabilities of the Parties

    

    
      	
              4.1.

            	
              The
                Parties shall be liable for non-fulfillment and/or undue fulfillment
                of
                their obligations hereunder in accordance with the conditions as
                set forth
                by the appropriate laws of the Russian
                Federation.

            

    

    

    
      	
              4.2.

            	
              The
                Parties shall be liable to each other for their obligations to third
                parties.

            

    

    

    6.
      Settlement of Disputes

    

    
      	
              6.1.

            	
              All
                disputes and differences shall be settled by means of negotiations
                if
                possible or by way of claims. The Party which has received a claim
                shall
                consider the claim within ten (10)
                days.

            

    

    

    
      	
              6.2.

            	
              All
                disputes which have not been settled by way of claims shall be submitted
                for consideration by the Arbitration of
                Moscow.

            

    

    

    8.
      Settlement of Disputes

    

    
      	
              7.1.

            	
              This
                Agreement can be amended by a mutual consent of the Parties. All
                amendments and additions hereto shall have legal power if they are
                made in
                writing and signed by duly authorized representatives of the
                Parties.

            

    

    

    
      	
              7.2.

            	
              The
                Parties undertake to notify each other about any changes in their
                addresses and details not later than in 5 working days after such
                changes.

            

    

    

    
      	
              7.3.

            	
              This
                Agreement has been made and shall be construed in accordance with
                the laws
                of the Russian Federation. The term “reasonable time” shall be defined by
                the Parties as 30 calendar days.

            

    

    

    
      	
              7.4.

            	
              This
                Agreement has been made in Russian in two original specimens, one
                for each
                Party.

            

    

    

    9.
      Details and Signatures of the Parties

    

    
      	
              CENTER

            	
              UNIVERSITY

            
	 	 
	
              LLS
                “’SuperTutor’ International Center for

            	
              Russian
                State Social University

            
	
              Support
                of Educational Programs”

            	
              Building
                2, Str. 1, Wilhelm Pick Street

            
	
              17
                Kirova Street, Kaliningrad 

            	
              Moscow

            
	
              236000
                Russia

            	
              129226
                Russia

            
	 	 
	
              General
                Manager

            	
              Principal

            
	
              (signature)
                L.
                V. Yeremkina

            	
              (signature)
                V.
                I. Zhukov

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00113-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00113-of-00352.parquet"}], [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00113-of-00352.parquet"}], [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00113-of-00352.parquet"}]]