Document:

Filed by Automated Filing Services Inc. (604) 609-0244 - Itonis Inc. - Exhibit 10.3

  

CONTRACT TO HOLD THE OFFICE
  OF THE EXECUTIVE OFFICER 

THIS CONTRACT is entered into pursuant to section 66 (2)
et seq. of Act 513/1991 Coll., Commercial Code, on 1.2.2006.

BY AND BETWEEN:

Itonis CZ s.r.o.
IC: 27413331
With registered
address Praha 6, Marákova 333/12, PSC: 160 00
Represented by Nicolas Lavaud,
executive officer.

HEREINAFTER REFERRED TO AS: the " Company",

and

Nicolas Lavaud
Date of birth:
17/08/1972
Residing at: Prague 6, Marákova 333/12, Postcode: 160
00
ID-card number: JP 878108

HEREINAFTER REFERRED TO AS "Nicolas
  Lavaud" or the "Executive Officer"

TOGETHER hereinafter referred to as the "parties to the
contract"

	CONTENTS 

	1.
        	INITIAL
        PROVISIONS, SUBJECT MATTER OF THE CONTRACT 	3
        
	2.
        	RIGHTS
        AND LIABILITIES OF THE EXECUTIVE OFFICER 	3
        
	3.
        	OTHER
        EXECUTIVE OFFICERS 	4
        
	4.
        	DURATION
        AND TERMINATION OF THE CONTRACT 	4
        
	5.
        	REMUNERATION
        OF THE EXECUTIVE OFFICER 	5
        
	6.
        	OTHER
        EMOLUMENTS RELATING TO THE OFFICE HELD 	5
        
	7.
        	OBSTRUCTIONS
        IN HOLDING THE OFFICE OF THE EXECUTIVE OFFIER	 6
	8.
        	LEAVE
        	6
        
	9.
        	CONFIDENTIALITY
        	7
        
	10.
        	COMPETITION
        CLAUSE 	7
        
	11.
        	FINAL
        PROVISIONS 	7
        

	 	2 

Parties to the contract agree the following terms and
conditions:

	1. 	
      INITIAL PROVISIONS, SUBJECT MATTER OF THE
      CONTRACT

	 	 	 
	1.1 	
      The general meeting of the Company appointed Mr. Nicolas
      Lavaud as Executive Officer (jednatel) of the Company on
  01/02/2006.

	 	 	 
	1.2 	
      The subject matter hereof involves the rights and
      liabilities in holding the office of an executive officer performed for
      the Company by the Executive Officer in a professional manner and for
      remuneration, on behalf of the Company and at its expense.

	 	 	 
	1.3 	
      Mr. Nicolas Lavaud agrees to this appointment and agrees
      to hold the office of the Company's executive officer personally, properly
      and conscientiously. At the same time, he represents that he meets the
      general conditions of operating a trade and there is no obstruction in the
      operation of a trade pursuant to the legislation of the Czech
    Republic.

	 	 	 
		
      Further, the Executive Officer represents that he is
      aware of no other reasons that could obstruct him in holding the office of
      executive officer.

	 	 	 
	1.4 	
      The Executive Officer, pursuant to Act on the Protection
      of Personal data No. 101/2000 Coll. as amended, explicitly represents that
      he is aware of and agrees to the fact that the Company processes the
      Executive Officer's personal data for the purposes of personnel activities
      and for the fulfilment of the tasks laid down in legislation for a
      necessary period of time and he agrees to report any change in the data
      without undue delay.

	 	 	 
	2. 	
      RIGHTS AND LIABILITIES OF THE EXECUTIVE
    OFFICER

	 	 	 
	2.1 	
      Mr. Nicolas Lavaud, as the Executive Officer, agrees to
      follow the policies and instructions of the general meeting of the Company
      pursuant applicable legislation of the Czech Republic.

	 	 	 
	2.2 	
      Mr. Nicolas Lavaud, as the Executive Officer, is
      obligated to act with professional care, control the Company properly and
      conscientiously and to act exclusively in its favour, to co-decide with
      the other executive officers, if any, on its behalf on all the Company's
      matter, unless they are reserved by legislation, statutes or the
      memorandum of association to be decided on or approved by the general
      meeting, i. e. unless the general meeting reserves this decision-making
      pursuant to Section 125 (3) of the Commercial Code. The matters reserved
      to be decided or approved by the general meeting include in
    particular:

	 	 	 
		a) 	
      making decisions on the annual plans of the
    Company;

	 	 	 
		b) 	
      determining or changing a sales program and sales
      policies of the Company;

	 	 	 
		c) 	
      appointing and dismissing the Company's proctors and
      delegating powers of attorney;

	 	 	 
		d) 	
      any disposing (acquiring, alienating, charging) of real
      estate;

	 	 	 
		e) 	
      investment measures and operating maintenance measures
      that exceed the amount of CZK 1,000.000,- (excl. VAT) in each individual
      case, unless they are included into the Company's annual plan;

	 	 	 
		f) 	
      entering into, amending and/or terminating lease
      contracts that are entered into for a longer period of time than for 6
      months;

	 	 	 
		g) 	
      entering into, amending and/or terminating contracts to
      acquire or dispose of industrial rights and licences (i. e. rights related
      with inventions, patents, industrial and utility models and trademarks in
      particular), trade secret, know-how of the Company as well as any similar
      rights;

	 	3 

	 	h) 
	 entering into liabilities related to bills of exchange,
          entering into credit contracts, taking- over guarantees or any other
          guarantees for somebody else's liabilities as well as the issues of
          financial investments and providing finances;

	 	
	 
	 	i) 
	 opening legal actions, unless they are related only
          to the collection of the Company's claims;

	 	
	 
	 	j) 
	 opening other bank accounts;

	 	
	 
	 	k) 
	 any other matters to which the general meeting of
          members reserved its consent in writing.

	2.3 	
      Mr. Nicolas Lavaud agrees to hold his office with
      professional care and to ensure in particular:

	 	 	 
		a) 	
      managing the trade of the Company;

	 	 	 
		b) 	
      controlling the Company's employees;

	 	 	 
		c) 	
      keeping books of the Company to the extent laid down in
      legislation, as amended;

	 	 	 
		d) 	
      without an invitation, common and extensive informing the
      Company's general meeting of the Company's businesses as well as the
      results of his activities.

	 	 	 
	2.4 	
      Mr. Nicolas Lavaud, as the Executive Officer, agrees to
      give available all his powers at work and all his qualification and
      experience exclusively to the Company. It is without prejudice to the
      provisions of Art. 10. hereof.

	 	 	 
	2.5 	
      Mr. Nicolas Lavaud, as the Executive Officer, is
      obligated to hold his office in the Company's registered office or in all
      its premises everyday and, at the same time, to undertake business trips,
      if required, during holding his office and in order to fulfil the
      liabilities resulting for him from this Contract. Claims for financial
      compensation of the Executive Officer in the course of a business trip are
      regulated in Art. 5. par. 3 hereof.

	 	 	 
	3. 	
      OTHER EXECUTIVE OFFICERS

	 	 	 
	3.1 	
      The general meeting of the Company can appoint other
      executive officers, modify the distribution of activities among executive
      officers and issue an internal regulation to manage the Company. In such
      case, the Executive Officer agrees to perform his activities pursuant
      hereto in mutual cooperation with the other executive officers and
      pursuant to an internal regulation to manage the Company provided that the
      general meeting approves it and it is issued.

	 	 	 
	4. 	
      DURATION AND TERMINATION OF THE CONTRACT

	 	 	 
	4.1 	
      This Contract is entered into for a definite period of
      time, namely for the period of 12 months when Mr. Nicolas Lavaud holds the
      office of the Company's Executive Officer and it replaces all previously
      existing contracts and arrangements between the parties.

	 	 	 
	4.2 	
      The Company's general meeting is authorised to dismiss
      the Executive Officer from his office anytime with immediate effect. By
      the decision of the Company's general meeting on the dismissal the
      Executive Officer from the office, this Contract terminates as of the date
      of such decision. The Executive Officer can be dismissed also by members
      following the procedure laid down in Sections 130 and 132 of the
      Commercial Code.

	 	4 

	4.3 	
      The office of the Executive Officer can terminate by
      resigning from the office of the Executive Officer pursuant to Section 66
      (1) of the Commercial Code. The Executive Officer is obligated to report
      the resignation to the other executive officers during their meeting/if
      there is an only Executive Officer, he is obligated to report his decision
      on resignation to the general meeting. The legal effects of resignation
      are taken in the moment when the body that received the report negotiates
      or was supposed to negotiate the resignation.

	 	 	 
	4.4 	
      Other manner of the termination of the Executive
      Officer's office:

	 	 	 
		a) 	
      the Executive Officer's death;

		b) 	
      the loss of or limited legal capacity of the Executive
      Officer;

		c) 	
      the termination of the Company's existence.

	 	 	 
	4.5 	
      In case of the termination of the Executive Officer's
      office, he is obligated to take all necessary measures to prevent any
      imminent damage to the Company by non- termination or non-performance of
      an activity that the Executive Officer was liable to perform in his
      office, unless the Company decides otherwise. The Executive Officer is
      obligated to inform the Company's general meeting in writing of all
      matters that he arranged personally in the moment of the termination of
      his office and to submit them opinions and recommendation for further
      negotiation of these matters.

	 	 	 
	5. 	
      REMUNERATION OF THE EXECUTIVE OFFICER

	 	 	 
	5.1 	
      The Company agrees to pay to the Executive Officer
      remuneration amounting to CZK 150.000,- gross per month for his proper
      holding the office. This remuneration is due by bank transfer to the
      Executive Officer's account number: 159292113/0300 not later than the
      15th day of the following calendar month.

	 	 	 
	5.2 	
      If the Executive Officer becomes liable to pay health,
      social or sickness insurance, the Company agrees to pay for the Executive
      Officer such levies in the amounts, terms and manner laid down in
      applicable legislation. For this purpose, the Company is authorised to
      deduct corresponding amounts from the Executive Officer's gross
      remuneration and to pay them to applicable authorities and institutions
      for him.

	 	 	 
	5.3 	
      In relation to a business trip, the Executive Officer is
      entitled to the compensation of well- spent travel expenses wholly,
      exclusively and necessarily incurred by Nicolas Lavaud in performance of
      his duties of an Executive Officer of the Company, i. e. the costs of fuel
      or fare, amortization of a private car used for a business trip,
      accommodation and food, in their real amount after the submission of their
      account to the Company. The Executive Officer is obligated to have the
      maximal amount of these expenses approved in advance and in writing by any
      of the directors of ITONIS INC. (byvale KENSHOU INC.), registered office
      at: 502E. John Street, Carson City, Nevada USA or by the person appointed
      in written by the above mentioned directors to issue such an approvals,
      otherwise, they will not be reimbursed.

	 	 	 
	6. 	
      OTHER EMOLUMENTS RELATING TO THE OFFICE
  HELD

	 	 	 
	6.1 	
      In the course of holding the Executive Officer's office,
      the Company shall provide to the Executive Officer, in order to fulfil his
      tasks at work in particular, a mobile phone.

	 	 	 
		
      Charges relating to the operation of the mobile phone
      shall be reimbursed by the Company by the amount of CZK 2000 per month.
      Charges exceeding this amount shall be settled by the Executive Officer,
      this amount being deducted from his monthly
remuneration.

	 	5 

	6.2 	
      The Company's general meeting assesses the adequacy and
      sufficiency of all remuneration and emoluments that Nicolas Lavaud
      received in the course of the previous calendar half-year from the Company
      for the performance of the Executive Officer's office pursuant hereto
      always after the end of each calendar half-year. In case that the general
      meeting concludes that the amount of remuneration and emoluments of
      Nicolas Lavaud pursuant hereto is insufficient or, on the contrary,
      unreasonably high in relation to his activities performed in the
      immediately preceding half-year, the general meeting decides to modify the
      amount of the remuneration and emoluments of Nicolas Lavaud pursuant
      hereto effective already as of the following calendar half-year and
      invites Nicolas Lavaud and the Company to enter into an amendment hereto,
      which takes the above-described decision of the Company's general meeting
      into account and modifies the amount of the remuneration and other
      emoluments of Nicolas Lavaud pursuant hereto correspondingly effective
      already as of the period immediately following the previous calendar
      half-year. The Company and Nicolas Lavaud agree to enter into this
      amendment not later than fourteen calendar days as of the date when the
      Company is delivered an invitation of the Company's general meeting to
      enter into the above- described amendment.

	 	 
	7. 	
      OBSTRUCTIONS IN HOLDING THE OFFICE OF THE EXECUTIVE
      OFFICER

	 	 
	7.1 	
      The Executive Officer is obligated to inform the Company
      of obstructions hindering the holding of his office of the Executive
      Officer without undue delay, namely of their reason and assumed duration
      in particular.

	 	 
	7.2 	
      In case of an illness or an unexpected event that hinders
      the Executive Officer in the performance of his work, the Executive
      Officer is obligated to inform the Company of it without undue delay
      mentioning the reasons and expected duration of his absence. In case of an
      illness, the Executive Officer is obligated to submit a relevant medical
      certificate to the Company not later than three days as of the beginning
      of temporary incapacity from work.

	 	 
	7.3 	
      Unless the Executive Officer fulfils the liability
      pursuant to the previous paragraph, the period of unexcused interruption
      of holding his office is considered to be the breach of his liabilities
      and, therefore, the remuneration agreed in Art. 5, par. 1 here shall be
      proportionally reduced.

	 	 
	7.4 	
      In case of a properly excused temporary incapacity from
      work of the Executive Officer pursuant to Art. 7. par. 1 and par. 2
      hereof, which is caused by an illness or for another reason not caused by
      the Executive Officer, the Executive Officer does not lose the claim to
      the top-up of sickness benefits to the amount of the remuneration agreed
      in Art.

	 	 
		
      5. par. 1 hereof for the period of three business
      days.

	 	 
	8. 	
      LEAVE

	 	 
	8.1 	
      The Executive Officer is entitled to paid leave to relax
      to the extent of 25 business days for each calendar year of the duration
      hereof.

	 	 
	8.2 	
      If this Contract is terminated in the given calendar year
      in which the leave is to be taken, this Contract is terminated or the
      Executive Officer fails to perform his activities for the Company for the
      reasons of obstructions on his side for a period longer than 20 business
      days in one calendar month, the claim of the Executive Officer for leave
      is reduced by 1/12 per each such calendar
month.

	 	6 

	8.3 	
      The dates of leave shall be determined by mutual
      agreement with members and other executive officers, if any.

	 	 
	9. 	
      CONFIDENTIALITY

	 	 
	9.1 	
      For the entire duration of his office as well as after
      its termination, the Executive Officer is obligated to keep confidential
      all facts that he learnt during holding the office for the Company and
      that, in the interest of the Company, cannot be communicated to third
      persons, including relatives, in particular, of facts that are subject to
      trade secret, facts that concern this Contract, business activities,
      operation or economic activity of the Company, except for accounting
      statements approved and published by the Company.

	 	 
		
      Further, the Executive Officer agrees to ensure that
      information about the facts to which the liability to maintain
      confidentiality relates to pursuant hereto are not made available to third
      persons or relatives anyhow. Further, the Executive Officer shall not make
      copies or duplicates of documents for himself or for another person
      without the knowledge of the Company.

	 	 
	9.2 	
      In the termination of holding the office for any reason,
      the Executive Officer is obligated to hand over to the Company all
      documents that belong or relate to the Company, in particular, contracts,
      correspondence, all accounting documents, invoices, powers of attorney
      etc. Further, the Executive Officer is obligated to hand over to the
      Company all working means and subjects as well as the company car and the
      mobile phone that the Company left him to be used in relation to holding
      the office of the Executive Officer. The Executive Officer shall not
      exercise any lien to any document or other subjects described herein in
      any manner.

	 	 
	9.3 	
      If the Executive Officer breaches the liability described
      in the above Art. 9.1 and 9.2, he is obligated to compensate the Company
      for any damage in a legitimate amount as well as any non-physical
      detriments originated as a consequence of breaching his
  liabilities.

	 	 
	10. 	
      COMPETITION CLAUSE

	 	 
	10.1 	
      During holding the office, the Executive Officer agrees
      to observe the prohibition of competition to the extent of Section 136 of
      the Commercial Code, as amended.

	 	 
	10.2 	
      If the Executive Officer intends, besides his office of
      the Executive Officer, to hold any unpaid office, i. e. a politic or
      supervisory office, for example, or any other similar authorisation, he is
      obligated to inform the Company thereof in writing in advance. If he
      intends to perform a paid activity, an advance approval in writing in the
      form of a resolution of the general meeting or the decision of a single
      member is required besides informing the Company.

	 	 
	10.3 	
      The limitations pursuant to the above paragraphs of this
      article do not apply to the activities of the Executive Officer as a
      university professor, to scientific activities and activities related to
      the publishing of technical literature as well as other activities that do
      not meet the conditions of the prohibition of competition, do not endanger
      or harm the Company's good reputation and goodwill and do not hinder, for
      the reason of time, the Executive Officer in the proper holding of his
      office.

	 	 
	11. 	
      FINAL PROVISIONS

	 	 
	11.1 	
      This Contract is governed by the Czech Commercial Code,
      as amended. All matters related to the contents hereof and not governed by
      and between the parties to the contract herein are governed by the
      Commercial Code, as amended, or other
applicable

	 	7 

		
      provisions of Czech legislation.

	 	 
	11.2 	
      This Contract enters into force and effect as of the date
      of signing hereof by both the parties to the contract.

	 	 
	11.3 	
      All amendments and supplements hereof are possible only
      in the form of amendments in writing approved and signed by both the
      parties to the contract.

	 	 
	11.4 	
      This Contract is being executed in two counterparts in
      English language and two counterparts in Czech language, of which either
      party to the contract shall receive one of each of the language version.
      In case of controversy the Czech version shall prevail.

	 	 
	11.5 	
      If any provision hereof becomes invalid or ineffective,
      this fact is without prejudice to the remaining contents hereof. In such
      case, the parties to the contract agree to replace such invalid or
      ineffective provision by such a provision of which contents and purpose
      will be as close as possible to the invalid or ineffective provision and
      will comply with the applicable legislation of the Czech Republic at that
      time.

	 	 
	11.6 	
      The parties to the contract declare that they have read
      the Contract prior to its signing, that they understand its contents and
      that it expresses their true and free will and they attach their signature
      in witness thereof.

	Prague, 01/02/2006 	  
	 	 
	/s/ Nicolas Lavaud 	/s/Nicolas Lavaud 
	Executive Officer 	Company 

 

 

	 	8Filed by Automated Filing Services Inc. (604) 609-0244 - ITonis Inc. - Exhibit 10.4

EXHIBIT 10.4 

ASSET PURCHASE AGREEMENT

THIS AGREEMENT (together with the schedules attached
hereto, this “Agreement”) dated as of January 31st, 2006.

BETWEEN:

Makeitwork ApS. (herein called
the “Seller”) a company incorporated in the Denmark with registration
number 26784484 and having an address at Asgaardsvej 10, DK 1811 Frederiksberg
C, Denmark

AND:

ITONIS INC. (formerly Kenshou Inc.)
a company incorporated under the laws of State of Nevada and having a
business address at Klimentska 10, 110 00 Praha 1, Czech Republic.

(herein called the “Buyer”)

WHEREAS, the Buyer desires to purchase and acquire from the
Seller and the Seller desires to sell and assign to the Buyer all of the Sellers
rights, title and interest in and to the intellectual property relating to FTH
Broadband technology known as the “NVE Fiber Middleware Administration
Architecture” (the “Architecture”) in exchange for shares of the Buyer;
and

WHEREAS, the parties desire to enter into this Agreement to set
forth their mutual agreements concerning the above matter;

NOW, THEREFORE, in consideration of the mutual promises of the
parties hereto, and of good and valuable consideration, the receipt and
sufficiency of which are hereby acknowledged, it is mutually agreed by and
between the parties hereto as follows:

ARTICLE 1

SALE AND TRANSFER OF ASSETS; CLOSING

1.1      Sale of Asset
Subject to the terms and conditions of this Agreement, and in reliance upon
the representations, warranties, covenants and agreements contained herein, at
the closing of the transactions contemplated hereby (the “Closing”), the
Seller will sell, convey, assign and transfer the following (being hereinafter
known collectively as the “Assets”) to the Buyer, and the Buyer will
purchase and acquire the Assets from the Seller, free and clear of any claims or
Encumbrances (as defined in Section 2.6) . The Assets shall include all of the
Seller’s right, title and interest in and to the following as at the Closing
Date (as defined in Section 1.3 below):

               (i)      Intellectual
Property. All rights in and to patents and patent applications, registered
or unregistered trademarks, service marks, and trademark or service mark
registrations and applications, trade names, logos, designs, Internet domain
names, slogans 

1

and general intangibles of like nature, together with all
goodwill relating to the foregoing, copyrights, copyright registrations,
renewals and applications, Software (as defined in Section 2.7(h), licenses,
agreements and all other proprietary rights, which relate to the use and
exploitation of the Architecture (collectively, the “Intellectual
Property”). Intellectual Property shall also include all technology and
proprietary information developed by any employee, consultant or agent of the
Seller during the course of their employment, consultancy or agency with the
Seller;

                    (ii)     Permits
and Licenses. All rights of the Seller with respect to permits, approvals,
orders, authorizations, consents, licenses, certificates and all pending
applications therefor (collectively, “Permits”), which have been issued
or granted to, or are owned or used by, the Seller in connection with the
ownership or use of the Assets;

          1.2     
Consideration. In consideration of the sale, transfer and assignment to
the Buyer of the Assets, at the Buyer shall issue and deliver to the Seller in
consideration for the issue to the Seller, on Closing, an aggregate of
12,000,000 common shares in the capital of the Buyer (the " Shares")
hereinafter being referred to as the “Purchase Price”.

          1.3     
The Closing. The Closing will take place on the early of the satisfaction
or waiver of the Closing conditions set forth in Articles 5 and 6 of this
Agreement, and (b) January 31, 2006 (the “Closing Date”). 

          1.4     
Closing Obligations. At Closing, the Buyer and the Seller shall take the
following actions, in addition to such other actions as may otherwise be
required under this Agreement:

          (a)     
Conveyance Instruments. The Seller shall deliver to Buyer or its designee
such warranty deeds, bills of sale, assignments, and other instruments of
conveyance and transfer as the Buyer may reasonably request to effect the
assignment to the Buyer or its designee of the Assets, including but not limited
to the Assignment set forth in Schedule D to this Agreement

          (b)     
Consideration. The Buyer shall deliver to the Seller the Shares.

          (c)      Evidence
of Ownership. The Seller shall deliver the documentary evidence of the
Seller’s sole right, title and ownership interest in and to the Assets, such
evidence to be in a form satisfactory to the Buyer. 

ARTICLE 2

REPRESENTATIONS AND WARRANTIES OF THE SELLER 

          To
induce the Buyer to execute, deliver and perform this Agreement, and in
acknowledgement of the Buyer’s reliance on the following representations and
warranties (in addition to the representations and warranties in Article 1), the
Seller represents and warrants to the Buyer as follows as of the date hereof and
as of the Closing Date:

          2.1     
Organization. The Seller is a corporation duly organized, validly
existing and in good standing under the applicable laws of Denmark with the
power and authority to conduct its business as it is now being conducted and to
own its assets.

2

          2.2     
Power and Authority. The Seller has the power and authority to execute,
deliver, and perform this Agreement and the other agreements and instruments to
be executed and delivered by them in connection with the transactions
contemplated hereby, and the Seller has taken all necessary action to authorize
the execution and delivery of this Agreement and such other agreements and
instruments and the consummation of the transactions contemplated hereby,
including but not limited to the receipt of all necessary regulatory approvals
including the approval of the Seller's shareholders. This Agreement is, and the
other agreements and instruments to be executed and delivered by the Seller in
connection with the transactions contemplated hereby, when such other agreements
and instruments are executed and delivered, shall be, the valid and legally
binding obligations of the Seller enforceable against the Seller in accordance
with their respective terms.

          2.3     
No Conflict. Neither the execution and delivery of this Agreement and the
other agreements and instruments to be executed and delivered in connection with
the transactions contemplated hereby, nor the consummation of the transactions
contemplated hereby, will to the best of the Seller’s knowledge violate or
conflict with: (a) any foreign or local law, regulation, ordinance, governmental
restriction, order, judgment or decree applicable to the Seller; (b) any
provision of any charter, bylaw or other governing or organizational instrument
of the Seller; or (c) any mortgage, indenture, license, instrument, trust,
contract, agreement, or other commitment or arrangement to which the Seller is a
party or by which the Seller is bound.

          2.4      Required
Consents. No Permit (as defined in Section 1.1(a)(iv)) or approval,
authorization, consent, permission, or waiver to or from any person, or notice,
filing, or recording to or with, any person is necessary for: (a) the execution
and delivery of this Agreement and the other agreements and instruments to be
executed and delivered by the Seller in connection with the transactions
contemplated hereby, or the consummation by the Seller of the transactions
contemplated hereby; or (b) the ownership and use of the Assets by the
Buyer.

          2.5     
Intellectual Property.

          (a)     
The Seller owns or has the valid right to use all of the Intellectual Property
(as defined in Section 1.1(a)(ii)) comprised in the Assets all of which is
described on Schedule “A” attached hereto.

          (b)     
The Intellectual Property owned or used by the Seller is free and clear of all
Encumbrances or other restrictions on transfer. The Seller is registered with
the applicable governmental agency as the sole owner of record for each
application and registration listed on Schedule “A”. The Seller is, where
applicable, the registered owner of such Internet domain names listed on
Schedule “A” and where applicable has a currently valid registration of such
domain names.

          (c)     
The patent and trademark registrations listed in Schedule “A” are valid and
subsisting, in full force and effect, and have not been cancelled, expired, or
abandoned. There is no pending or threatened opposition, interference or
cancellation proceeding before any court or registration authority in any
jurisdiction against such registrations or against any Intellectual Property
licensed to the Seller pursuant to the License Agreements (as defined in the
next paragraph).

          (d)     
Schedule "B" attached hereto sets forth a complete and accurate list of all
agreements pertaining to the use of, or granting any right to use or practice
any rights under, 

3

any Intellectual Property, whether the Seller is the licensee,
licensor or user thereunder and whether written, oral, express or implied, any
written settlements or consents relating to any Intellectual Property and
covenants not to sue (collectively, the “License Agreements”), indicating
for each the title, the parties, date executed, and the Intellectual Property
covered thereby. Except as set forth in Schedule "B", there are no settlements,
consents, judgments, or orders or other agreements which restrict any of the
Seller’s rights to use any Intellectual Property or permit third parties to use
any Intellectual Property which would otherwise infringe any of the Seller’s
Intellectual Property.

          (e)      To
the best of the Seller’s knowledge, no third party is misappropriating,
infringing, diluting, or violating any Intellectual Property owned by, assigned
or licensed to the Seller, and no such claims are pending against a third party
by the Seller.

          (f)      Schedule
"C" attached hereto lists all Software currently or previously owned, licensed,
sublicensed, assigned, leased, sold to or by or otherwise used by the Seller,
and identifies which is owned, licensed, sublicensed, assigned, leased, sold or
otherwise used, as the case may be. “Software” means any and all (i)
computer programs, including any and all software implementations of algorithms,
models and methodologies, whether in source code or object code or otherwise,
(ii) computer databases and computer compilations, including any and all data
and collections of data, whether machine readable or otherwise, (iii) subsequent
error corrections or updates relating to any of the foregoing, (iv)
descriptions, flow-charts and other work product used to design, plan, organize
and develop any of the foregoing, (v) Internet domain names and the technology
supporting and content contained on the respective Internet site(s), and (vi)
all end-user and programmer documentation, including user manuals and training
materials, relating to any of the foregoing.

          (g)      Each
item of Software listed in Schedule "C" is either: (i) owned by the Seller, (ii)
currently in the public domain or otherwise available to the Seller without the
license, lease or consent of any third party, or (iii) used under rights granted
to the Seller pursuant to a written agreement, assignment, license or lease from
a third party, which written agreement, license or lease is listed in Schedule
"C". The Seller’s use of the Software set forth in Schedule "C" does not violate
the rights of any third party. With respect to the Software set forth in
Schedule "C" which the Seller purports to own, such Software was either: (x)
developed by employees of the Seller within the scope of their employment; (y)
developed by independent contractors who have assigned their rights to the
Seller pursuant to written agreements; or (z) acquired by the Seller from third
parties.

          (h)      Except
for any open-source software code set out in Schedule “C” made available to the
Seller under a free and assignable license, which the Seller is entitled to so
utilize under a license it holds from a third party that is assignable to the
Buyer, the Software does not incorporate codes other than those developed by the
Seller or its employees or consultants who developed such codes under work for
hire agreements with the Seller.

          2.6     
Investor Representations. The Seller acknowledges and agrees that the
Shares will be offered and sold to the Seller without such offers and sales
being registered under the United States Securities Act of 1933, as amended (the
“Securities Act”) and will be issued to the Seller in accordance with
Rule 903 of Regulation S of the Securities Act in an “offshore transaction”
within the meaning of Regulation S based on the representations and warranties
of the Seller in this Agreement. As such, the Seller further acknowledges and
agrees that all Shares will, upon issuance, be “restricted securities” within
the meaning of the Securities Act.

4

          2.7     
Agreement Regarding Resale. The Seller agrees to resell the Shares only
in accordance with the provisions of Regulation S of the Securities Act,
pursuant to registration under the Securities Act, or pursuant to an available
exemption from registration pursuant to the Securities Act, and otherwise in
accordance with all applicable state securities laws and the laws of any other
jurisdiction. The Seller agrees that the Buyer may require the opinion of legal
counsel reasonably acceptable to the Buyer in the event of any offer, sale,
pledge or transfer of any of the Shares by the Seller pursuant to an exemption
from registration under the Securities Act. The Seller further covenants and
agrees that it will not offer sell, hypothecate or otherwise transfer the Shares
to any other party until the one year anniversary of the date on which any
shares in the Company’s common stock are listed and quoted for trading through
the facilities of the NASD Over-the-Counter Bulletin board and thereafter only
in compliance with this Agreement, without the consent of the Buyer.

          2.8      Prohibition
Against Hedging Transactions. The Seller agrees not to engage in hedging
transactions with regard to the Shares unless in compliance with the Securities
Act.

          2.9      Right
of Company to Refuse Transfer. The Seller agrees that the Buyer will refuse
to register any transfer of the Shares not made in accordance with the
provisions of Regulation S of the Securities Act, pursuant to registration under
the Securities Act, pursuant to an available exemption from registration, or
otherwise pursuant to this Agreement. 

          2.10    No
Obligation to Register. The Seller acknowledges that the Buyer has not
agreed and has no obligation to register the resale of the Shares under the
Securities Act.

          2.11   
Share Certificates. The Seller acknowledges and agrees that all
certificates representing the Shares will be endorsed with the following legend
in accordance with Regulation S of the Securities Act or such similar legend as
deemed advisable by legal counsel for the Buyer to ensure compliance with
Regulation S of the Securities Act and to reflect the status of the Shares as
restricted securities: 

“THE SECURITIES REPRESENTED BY THIS
CERTIFICATE HAVE NOT BEEN REGISTERED UNDER THE U.S. SECURITIES ACT OF 1933 (THE
"ACT"), AND HAVE BEEN ISSUED IN RELIANCE UPON AN EXEMPTION FROM THE REGISTRATION
REQUIREMENTS OF THE ACT PROVIDED BY REGULATION S PROMULGATED UNDER THE ACT. SUCH
SECURITIES MAY NOT BE REOFFERED FOR SALE OR RESOLD OR OTHERWISE TRANSFERRED
EXCEPT IN ACCORDANCE WITH THE PROVISIONS OF REGULATION S, PURSUANT TO AN
EFFECTIVE REGISTRATION UNDER THE ACT, OR PURSUANT TO AN AVAILABLE EXEMPTION FROM
REGISTRATION UNDER THE ACT. HEDGING TRANSACTIONS INVOLVING THE SECURITIES MAY
NOT BE CONDUCTED UNLESS IN COMPLIANCE WITH THE ACT”.

          2.12   
Issuance of Shares The Seller represents and warrants to the Buyer as
follows, and acknowledges that the Buyer is relying upon such covenants,
representations and warranties in connection with the issue of the Shares to the
Seller:

          (a)      the
Seller is not a “U.S. Person” as defined by Regulation S of the Securities Act
and is not acquiring the Shares for the account or benefit of a U.S. Person;

          (b)     
the Seller was not in the United States at the time the offer to purchase the
Shares was received or this Agreement was executed; 

5

          (c)      the
Seller has such knowledge, sophistication and experience in business and
financial matters such that it is capable of evaluating the merits and risks of
the investment in the Shares. The Seller has evaluated the merits and risks of
an investment in the Shares. The Seller can bear the economic risk of this
investment, and is able to afford a complete loss of this investment;

          (d)     
the Seller acknowledges that the Buyer is in the early stages of development of
its business and the Buyer’s success is subject to a number of significant
risks, including the risk that the Buyer will not be able to finance its plan of
operations. The Seller further acknowledges that (i) the Buyer has limited cash
and working capital, (ii) the Buyer will have to raise additional capital in
order to finance its plan of operations which capital may be raised by the issue
of additional shares of its common stock which will result in dilution to the
Seller, and (iii) the Buyer has no arrangements for any financing in place and
there is no assurance that any financing will be completed;

          (e)     
the Shares will be acquired by the Seller for investment for the Seller's own
account, not as a nominee or agent, and not with a view to the resale or
distribution of any part thereof, and that the Seller has no present intention
of selling, granting any participation in, or otherwise distributing the same in
the United States or to U.S. Persons. The Seller does not have any contract,
undertaking, agreement or arrangement with any person to sell, transfer or grant
participations to such person or to any third person, with respect to any of the
Shares;

          (f)      the
Seller has been afforded access to information about the Buyer and the Buyer’s
financial condition, results of operations, business, properties, management and
prospects sufficient it to evaluate its investment in the Shares. The Seller
further represents that it has had an opportunity to ask questions and receive
answers from representatives of the Buyer regarding the terms and conditions of
the offerings completed by the Buyer and the business, properties, prospects and
financial condition of the Buyer, each as is necessary to evaluate the merits
and risks of investing in the Shares. The Seller believes it has received all
the information it considers necessary or appropriate for deciding whether to
purchase the Shares. The Seller has had full opportunity to discuss this
information with the Seller’s legal and financial advisers prior to execution of
this Agreement;

          (g)     
the Seller acknowledges that the Buyer will rely on these representations in
completing the issuance of the Shares to the Seller;

          (h)     
the Seller acknowledges that the offering of the Shares by the Buyer has not
been reviewed by the United States Securities and Exchange Commission or any
state securities regulatory authority;

          (i)      this
Agreement has been duly authorized, validly executed and delivered by the
Seller; and

          (j)      the
Seller has satisfied itself as to the full observance of the laws of its
jurisdiction in connection with the purchase of the Shares and the execution of
this Agreement, including (i) the legal requirements within its jurisdiction of
incorporation or residence of the Seller for the purchase of the Shares; (ii)
any local or foreign exchange restrictions applicable to such purchase; (iii)
any governmental or other consents that may need to be obtained; (iv) the income
tax and other tax consequences, if any, that may be relevant to an investment in
the 

6

Shares; and (v) any restrictions on transfer applicable to any
disposition of the Shares imposed by the jurisdiction in which the Seller is
incorporated or resident.

          2.13   
Disclosure. No representation, warranty, or statement made by the Seller
in this Agreement or in any document or certificate furnished or to be furnished
to the Buyer pursuant to this Agreement contains or will contain any untrue
statement or omits or will omit to state any fact necessary to make the
statements contained herein or therein not misleading. The Seller has disclosed
to the Buyer all facts known or reasonably available to the Seller that are
material to the financial condition, operation and use of the Assets.

          2.14   
Truth at Closing. All of the representations, warranties and agreements
made by the Seller contained in this Agreement shall be true and correct and in
full force and effect on and as of the Closing Date.

ARTICLE 3

REPRESENTATIONS AND WARRANTIES OF BUYER

          To
induce the Seller to execute, deliver and perform this Agreement, and in
acknowledgement of Seller’s reliance on the following representations and
warranties, the Buyer hereby represents and warrants to the Seller as follows as
of the date hereof and as of the Closing Date:

          3.1     
Organization. The Buyer is a corporation duly incorporated, validly
existing and in good standing under the laws of the State of Nevada, with the
power and authority to conduct its business as it is now being conducted and to
own and lease its properties and assets.

          3.2     
Subsidiary. The Buyer is the sole owner of all of the issued share
capital of Itonis CZ s.r.o. (the “Subsidiary”). The Subsidiary is duly
incorporated, validly existing and in good standing under the laws of the Czech
Republic, with the power and authority to conduct its business as it is now
being conducted and to own and lease properties and assets.

          3.3      Power
and Authority. The Buyer has the power and authority to execute, deliver,
and perform this Agreement and the other agreements and instruments to be
executed and delivered by it in connection with the transactions contemplated
hereby, and the Buyer has taken all necessary action to authorize the execution
and delivery of this Agreement and such other agreements and instruments and the
consummation of the transactions contemplated hereby. This Agreement is, and,
when such other agreements and instruments are executed and delivered, the other
agreements and instruments to be executed and delivered by the Buyer in
connection with the transactions contemplated hereby shall be, the valid and
legally binding obligations of the Buyer, enforceable in accordance with their
respective terms.

          3.4     
Broker’s or Finder’s Fees. The Buyer has not authorized any person to act
as broker, finder, or in any other similar capacity in connection with the
transactions contemplated by this Agreement.

          3.5      No
Conflict. Neither the execution and delivery by the Buyer of this Agreement
and of the other agreements and instruments to be executed and delivered by the
Buyer in connection with the transactions contemplated hereby or thereby, nor
the consummation by the Buyer of the transactions contemplated hereby, will
violate or conflict with: (a) any foreign or 

7

local law, regulation, ordinance, governmental restriction,
order, judgment or decree applicable to the Buyer; or (b) any provision of any
charter, bylaw, or other governing or organizational instrument of the
Buyer.

          3.6      Truth
at Closing. All of the representations, warranties, and agreements of the
Buyer contained in this Agreement shall be true and correct and in full force
and effect on and as of the Closing Date.

ARTICLE 4

COVENANTS OF THE SELLER PRIOR TO CLOSING

          4.1      Required
Approvals. As promptly as practicable after the date of this Agreement, the
Seller shall make all filings required by foreign or local law to be made by
them in order to consummate the transactions contemplated hereby. The Seller
shall (a) cooperate with the Buyer with respect to all filings that the Buyer
elects to make or is required by law to make in connection with the transactions
contemplated hereby, and (b) cooperate with the Buyer in obtaining any consents
of the type described in Sections 2.4 and 2.5.

          4.2     
Prohibited Actions. In no event, without the prior written consent of the
Buyer, shall the Seller:

          (a)      permit
any of the Assets to be subjected to any claim or Encumbrance;

          (b)     
waive any claims or rights of substantial value respecting the Assets, or sell,
transfer, or otherwise dispose of any of the Assets, except in the ordinary
course of business and consistent with past practice; or

          (c)     
dispose of, license, or permit to lapse any rights in any Intellectual
Property;

          4.3      Access.
From the date of this Agreement to the Closing Date, the Seller shall: (a)
provide the Buyer with such information and access as the Buyer may from time to
time reasonably request to the Assets.

          4.4     
Non-Solicitation. Until the completion or termination of the transactions
contemplated by this Agreement, the Seller shall not, nor shall any of its
representatives, solicit, offer or encourage any sale, transfer or other
disposition of any of the Assets.

ARTICLE 5

CONDITIONS TO THE SELLER’S OBLIGATIONS

          Each
of the obligations of the Seller to be performed hereunder shall be subject to
the satisfaction (or waiver by the Seller) at or prior to the Closing Date of
each of the following conditions:

          5.1     
Representations and Warranties; Performance. The Buyer shall have
performed and complied in all respects with the covenants and agreements
contained in this Agreement required to be performed and complied with by it at
or prior to the Closing Date, the representations and warranties of the Buyer
set forth in this Agreement shall be true and correct 

8

in all respects as of the date hereof and as of the Closing
Date as though made at and as of the Closing Date (except as otherwise expressly
contemplated by this Agreement), and the execution and delivery of this
Agreement by the Buyer and the consummation of the transactions contemplated
hereby shall have been duly and validly authorized by the Buyer’s Board of
Directors, and the Seller shall have received a certificate to that effect
signed by the secretary of the Buyer.

          5.2     
Litigation. No Litigation shall be threatened or pending against the
Buyer or the Seller that, in the reasonable opinion of counsel for the Seller,
could result in the restraint or prohibition of any such party, or the obtaining
of damages or other relief from such party, in connection with this Agreement or
the consummation of the transactions contemplated hereby.

          5.3      Documents
Satisfactory in Form and Substance. All agreements, certificates, and other
documents delivered by the Buyer to the Seller hereunder shall be in form and
substance satisfactory to counsel for the Seller, in the exercise of such
counsel’s reasonable judgment.

ARTICLE 6

CONDITIONS TO THE BUYER’S OBLIGATIONS

          Each
of the obligations of the Buyer to be performed hereunder shall be subject to
the satisfaction (or the waiver by the Buyer) at or prior to the Closing Date of
each of the following conditions:

          6.1     
Representations and Warranties; Performance. The Seller shall have
performed and complied in all respects with the covenants and agreements
contained in this Agreement required to be performed and complied with by them
at or prior to the Closing Date, the representations and warranties of the
Seller set forth in this Agreement shall be true and correct in all respects as
of the date hereof and as of the Closing Date as though made at and as of the
Closing Date (except as otherwise expressly contemplated by this Agreement), and
the execution and delivery of this Agreement by the Seller and the consummation
of the transactions contemplated hereby shall have been duly and validly
authorized by the Seller’s Board of Directors, and the Buyer shall have received
a certificate to that effect signed by the secretary of the Buyer.

          6.2     
Consents. All required approvals, consents and authorizations shall have
been obtained.

          6.3     
No Litigation. No Litigation shall be threatened or pending against the
Buyer or the Seller that, in the reasonable opinion of counsel for the Buyer,
could result in the restraint or prohibition of any such party, or the obtaining
of damages or other relief from such party, in connection with this Agreement or
the consummation of the transactions contemplated hereby.

          6.4      Due
Diligence. The Buyer shall have completed its due diligence review of the
Assets and shall have been satisfied with the findings thereof.

          6.5      Proof
of Ownership of Assets. The Seller shall have delivered to the Buyer
documentary evidence of the Seller’s sole right, title and ownership interest in
and to the Assets, such evidence to be in a form satisfactory to the Buyer in
the Buyer’s sole discretion.

9

ARTICLE 7

COVENANTS OF THE SELLER AND THE BUYER FOLLOWING
CLOSING

          7.1     
Allocation of Purchase Price; Transfer Taxes.

          (a)      Consistent
with applicable tax rules, the Buyer shall allocate the Purchase Price to the
Assets. The Buyer shall prepare and file, in a timely fashion, forms in a manner
consistent with such allocation with the relevant tax authority. All tax returns
and reports filed or prepared by the Buyer and/or the Seller with respect to the
transactions contemplated by this Agreement shall be consistent with the
allocation made by the Buyer under this Section 7.1(a) . 

          (b)      All
sales, transfer, and similar taxes and fees (including all recording fees, if
any) incurred in connection with this Agreement and the transactions
contemplated hereby shall be borne by the Seller and the Seller shall file all
necessary documentation with respect to such taxes.

          7.2      Further
Assurances. Subject to the terms and conditions of this Agreement, each
party agrees to use all of its reasonable efforts to take, or cause to be taken,
all actions and to do or cause to be done, all things necessary and proper or
advisable to consummate and make effective the transactions contemplated by this
Agreement (including the execution and delivery of such further instruments and
documents) as the other party may reasonably request.

          7.3      Nondisclosure
of Proprietary Data. The Parties shall hold in a fiduciary capacity for the
benefit of each other all secret or confidential information, knowledge or data
relating to the each other or any of their affiliated companies, and their
respective businesses, which shall not be or become public knowledge. Neither
Party, without the prior written consent of the other, or as may otherwise be
required by law or legal process, shall communicate or divulge either before or
after the Closing Date any such information, knowledge or data to anyone other
than the other Party and those designated by the other Party in writing.

ARTICLE 8

SURVIVAL AND INDEMNITY

          8.1      Survival
of Representations, Warranties, etc. Each of the representations,
warranties, agreements, covenants and obligations herein is material and shall
be deemed to have been relied upon by the other party or parties and shall
survive indefinitely after the date hereof and after the Closing and shall not
merge in the performance of any obligation by any party hereto. All rights to
indemnification contained in this Agreement shall survive the Closing
indefinitely.

          8.2     
Indemnification by the Seller and Buyer. The parties shall indemnify,
defend, and hold harmless each other, and the each others representatives,
stockholders, controlling persons and affiliates, at, and at any time after, the
Closing, from and against any and all demands, claim, actions, or causes of
action, assessments, losses, damages (including incidental and consequential
damages), liabilities, costs, and expenses, including reasonable fees and
expenses of counsel, other expenses of investigation, handling, and Litigation
(as defined in Section 2.13), and settlement amounts, together with interest and
penalties (collectively, a “Loss” or “Losses”), asserted against,
resulting to, imposed upon, or incurred by 

10

the either party, directly or indirectly, by reason of,
resulting from, or arising in connection with: (i) any breach of any
representation, warranty, or agreement of either party contained in or made
pursuant to this Agreement, including the agreements and other instruments
contemplated hereby; (ii) any breach of any representation, warranty, or
agreement of either party contained in or made pursuant to this Agreement,
including the agreements and other instruments contemplated hereby, as if such
representation or warranty were made on and as of the Closing Date; (iii) any
claim by any person for brokerage or finder’s fees or commissions or similar
payments based upon any agreement or understanding alleged to have been made by
any such person with either party in connection this Agreement or any of the
transactions contemplated hereby; and (iv) to the extent not covered by the
foregoing, any and all demands, claims, actions or causes of action,
assessments, losses, damages, liabilities, costs, and expenses, including
reasonable fees and expenses of counsel, other expenses of investigation,
handling, and Litigation and settlement amounts, together with interest and
penalties, incident to the foregoing.

          The
remedies provided in this Section 8.2 will not be exclusive of or limit any
other remedies that may be available to the either party to this Agreement.

ARTICLE 9

TERMINATION

          9.1     
Termination. This Agreement may be terminated at any time prior to the
Closing Date:

          (a)     
by mutual written consent of the Seller and the Buyer;

          (b)     
by either the Seller or the Buyer if (i) there shall have been a material breach
of any representation, warranty, covenant or agreement set forth in this
Agreement, on the part of the Buyer, in the case of a termination by the Seller,
or on the part of the Seller, in the case of a termination by the Buyer, which
breach shall not have been cured, in the case of a representation or warranty,
prior to Closing or, in the case of a covenant or agreement, within ten (10)
business days following receipt by the breaching party of notice of such breach,
or (ii) any permanent injunction or other order of a court or other competent
authority preventing the consummation of the transactions contemplated hereby
shall have become final and non-appealable; or

          (c)      by
either the Seller or the Buyer on 30 days written notice, if the transactions
contemplated hereby shall not have been consummated on or before February 28,
2006; provided, however, that the right to terminate this
Agreement pursuant to this Section 9.1(c) shall not be available to any party
whose failure to fulfill any obligation under this Agreement has been the cause
of, or resulted in, the failure of the consummation of the transactions
contemplated hereby to have occurred on or before the aforesaid date.

          9.2     
Effect of Termination. Each party’s right of termination under Section
9.1 is in addition to any other rights it may have under this Agreement or
otherwise, and the exercise of a right of termination will not be an election of
remedies. If this Agreement is terminated pursuant to Section 9.1, unless
otherwise specified in this Agreement, all further obligations of the parties
under this Agreement will terminate; provided, however, that if
this Agreement is terminated by a party because of the breach of this Agreement
by the other party or because 

11

one or more of the conditions to the terminating party’s
obligations under this Agreement is not satisfied as a result of the other
party’s failure to comply with its obligations under this Agreement, the
terminating party’s rights to pursue all legal remedies will survive such
termination unimpaired. 

ARTICLE 10

MISCELLANEOUS

          10.1     
Entire Agreement. This Agreement, and the other certificates, agreements,
and other instruments to be executed and delivered by the parties in connection
with the transactions contemplated hereby, constitute the sole understanding of
the parties with respect to the subject matter hereof and supersede all prior
oral or written agreements with respect to the subject matter hereof.

          10.2     
Parties Bound by Agreement; Successors and Assigns. The terms,
conditions, and obligations of this Agreement shall inure to the benefit of and
be binding upon the parties hereto and their respective successors and
assigns.

          10.3     
Amendments and Waivers. No modification, termination, extension, renewal
or waiver of any provision of this Agreement shall be binding upon a party
unless made in writing and signed by such party. A waiver on one occasion shall
not be construed as a waiver of any right on any future occasion. No delay or
omission by a party in exercising any of its rights hereunder shall operate as a
waiver of such rights.

          10.4     
Severability. If for any reason any term or provision of this Agreement
is held to be invalid or unenforceable, all other valid terms and provisions
hereof shall remain in full force and effect, and all of the terms and
provisions of this Agreement shall be deemed to be severable in nature. If for
any reason any term or provision containing a restriction set forth herein is
held to cover an area or to be for a length of time which is unreasonable, or in
any other way is construed to be too broad or to any extent invalid, such term
or provision shall not be determined to be null, void and of no effect, but to
the extent the same is or would be valid or enforceable under applicable law,
any court of competent jurisdiction shall construe and interpret or reform this
Agreement to provide for a restriction having the maximum enforceable area, time
period and other provisions (not greater than those contained herein) as shall
be valid and enforceable under applicable law.

          10.5     
Attorney’s Fees. Should any party hereto retain counsel for the purpose
of enforcing, or preventing the breach of, any provision hereof including, but
not limited to, the institution of any action or proceeding, whether by
arbitration, judicial or quasi-judicial action or otherwise, to enforce any
provision hereof or for damages for any alleged breach of any provision hereof,
or for a declaration of such party’s rights or obligations hereunder, then,
whether such matter is settled by negotiation, or by arbitration or judicial
determination, the prevailing party shall be entitled to be reimbursed by the
losing party for all costs and expenses incurred thereby, including, but not
limited to, reasonable attorneys’ fees for the services rendered to such
prevailing party.

          10.6     
Counterparts. This Agreement may be executed in one or more counterparts,
each of which shall for all purposes be deemed to be an original and all of
which shall constitute the same instrument.

12

          10.7      Headings.
The headings of the sections and paragraphs of this Agreement are inserted for
convenience only and shall not be deemed to constitute part of this Agreement or
to affect the construction hereof.

          10.8     
Expenses. Except as specifically provided herein, the Seller and the
Buyer shall each pay all costs and expenses incurred by it or on its behalf in
connection with this Agreement and the transactions contemplated hereby,
including fees and expenses of its own financial consultants, accountants, and
counsel.

          10.9     
Notices. All notices, requests, demands, claims, and other communications
which are required or may be given under this Agreement shall be in writing and
shall be deemed to have been duly given five business days after such notice,
request, demand, claim or other communication is sent, if sent by registered or
certified mail, return receipt requested, postage prepaid; and, in any case, all
such communications must be addressed to the intended recipient at the address
set forth on the first page of this Agreement. Any party may send any notice,
request, demand, claim, or other communication hereunder to the intended
recipient at the address set forth above using any other means, but no such
notice, request, demand, claim, or other communication shall be deemed to have
been duly given unless and until it actually is received by the intended
recipient. Any party may change the address to which notices, requests, demands,
claims, and other communications hereunder are to be delivered by giving the
other party notice in the manner herein set forth.

          10.10    Governing
Law. This Agreement shall be construed in accordance with and governed by
the laws of the State of Nevada without giving effect to the principles of
choice of law thereof.

          10.11   
Arbitration. Any dispute arising under or in connection with any matter
related to this Agreement or any related agreement shall be resolved exclusively
by arbitration. The arbitration shall be in conformity with and subject to the
applicable rules and procedures of the American Arbitration Association. All
parties agree to be (1) subject to the jurisdiction and venue of the arbitration
in the State of Nevada, (2) bound by the decision of the arbitrator as the final
decision with respect to the dispute and (3) subject to the jurisdiction of the
Superior Court of the State of Nevada for the purpose of confirmation and
enforcement of any award.

          10.12   
References, etc.

          (a)      Whenever
reference is made in this Agreement to any Article, Section, or paragraph, such
reference shall be deemed to apply to the specified Article, Section or
paragraph of this Agreement.

          (b)     
Wherever reference is made in this Agreement to a Schedule, such reference shall
be deemed to apply to the specified Schedule attached hereto, which are
incorporated into this Agreement and form a part hereof. All terms defined in
this Agreement shall have the same meaning in the Schedules attached hereto.

          (c)      Any
form of the word “include” when used herein is not intended to be exclusive
(e.g., “including” means “including, without limitation”).

13

          10.13    No
Strict Construction. The language used in this Agreement will be deemed to
be the language chosen by the parties hereto to express their mutual intent, and
no rule of strict construction will be applied against any person.

          10.14   
No Third Party Beneficiary Rights. No provision in this Agreement is
intended or shall create any rights with respect to the subject matter of this
Agreement in any third party.

          10.15   
Such Other Acts. The parties hereto shall do all things, take such acts
and execute such documents as are necessary to give effect to the intention
herein contemplated.

[the remainder of this page has been left intentionally
blank]

14

          10.16   
Electronic Means. Delivery of an executed copy of this Agreement by
electronic facsimile transmission or other means of electronic communication
capable of producing a printed copy will be deemed to be execution and delivery
of this Agreement as of the date first indicated above.

IN WITNESS WHEREOF, each of the parties hereto has caused this
Agreement to be executed on its behalf as of the date first indicated above.

	 	MAKEITWORK APS 
	 	 	  
	 	 	
	 	By: 	/s/ John Marienhof 
	 	 	Name: JOHN MARIENHOF 
	 	 	Title: Director 
	 	 	  
	 	 	  
	 	 	  
	 	ITONIS INC. 
	 	 	  
	 	 	
	 	By: 	/s/ Nicolas Lavaud 
	 	 	Name: NICOLAS LAVAUD 
	 	 	Title: Director 

15

SCHEDULE A

INTELLECTUAL PROPERTY

Trade Marks

There is no trademark associated with the Intellectual
Property.

Patent Applications

The is no patent application associated with the Intellectual
Property

Internet Domain Names

There is no Internet domain name associated with the
Intellectual Property. 

Copyright

The Owned Software described in Schedule “C” below.

 

 

16

SCHEDULE B

LICENSING AGREEMENTS

Dansk Bredbaand/FTH Bredbaand is - as a part of the purchase
agreement with MIW - granted a free, timeunlimited, non-exclusive right to use
the software or any part of the software in its business providing IPTV
offerings to its customers.

See the Licensed Software set forth in Schedule “C” below.

17

SCHEDULE C

SOFTWARE

System Overview

System Summary

NVE Fiber Middleware Adminstrative Architecture (the “System”)
is FTH Broadband technology composed of all the source code necessary for
running “video services through broadband Internet connection” in Danish. The
system has been in used by Dansk Broadband for the last three years and is fully
functional. It integrates different components provided by third parties and
offers all the middleware functionality required for an ISP (Internet Service
Provider) to offer “video over internet” to its customers.

With the System, an ISP is able to glue together key third
party video components (streaming servers, encoders, storage, set top box) and
to offer video services to its customers via a state-of-the-art on-screen menu
driven portal (“Portal”). The System offers the following key services: 

	- 	
      IPTV (Internet Protocol Television): Television channels
      are encoded and sent through an Internet network to a set top box enabling
      end users to watch programs on standard televisions. 

	- 	
      Video on Demand services (“VOD”): The operator is able to
      upload movies through a DVD console and offer them for download via
      Internet through a portal to the end users. 

	- 	
      Email: End users can send and receive emails on their
      televisions using the System’s portal 

	- 	
      Internet access: End users can access the Internet on
      their Televisions using the System portal. 

It is important to notice that the system does NOT include the
third party components. Those would need to be purchased separately in order to
set up the service. Those components are: 

	- 	Tandberg Encoders (TB) 
	- 	Ncube video servers (NC) 
	- 	Core network switches (SEC) 
	- 	WebPartner Mail server (WP) 
	- 	Kreatel set top box (KR) 

The picture below offers an overview of the system architecture
as it is run at Dansk Bredband (test systems are not necessary for setting up
the system but are recommended for provisioning the service live).

18

Architecture Overview

The System is composed of the following components: 

	-	Portal 
	-	Portal Management 
	-	Infocast module configuration 
	-	DHCP server configuration 
	-	Interfaces/Glue between the various components
      (from Makeitwork and third parties) 

Those components are described in details in the next section:

19

System Architecture and Specifications

Portal overview

The Portal software runs on a platform consisting of Open
Source operation and DBMS software – further more the application is coded in
java towards a Jboss application server. The DBMS is a Mysql version 4.x.
Running on RedHat.

Currently there is a setup with 2 server type instances – an
application server that holds all of the proprietary code + the Jboss
application server – and a DBMS server – running only the DBMS.

USER INTERFACE
The portal offers an easy to use
interface for the end user to access the video content offered by the ISP. The
portal has been written to be displayed through a Kreatel set top box on a TV
set. 

Below are some screenshots taken from the live system: 

 

	 	 
	Main Menu 	IPTV menu 
	 	 
	 	 
	Video on Demand service 	Email service 

 
 

20

Please note that all text is hardcoded in Danish. 

The portal application is not a simple user interface. It
offers some advance functionality necessary for the success of the service. One
of the key functionality that assures high quality of service is the handling of
movie order: 

HANDLING OF MOVIE ORDER 

When a subscriber orders a movie from the VOD part of the
Portal, the subscriber will in the end be asked to confirm the purchase with a
personal pin code. When the subscriber types in the pin code the following
happens: 

	The Portal checks if the clients validity through password verification
  
	The billing information is registered in the data base; however a flag is
  pointed to show that the movie is not played yet
  
	A URL address is returned to the movie and now the STBox is provided with
  access to download and play the movie
  
	The Portal accesses a video server and searchs the server log to verify if
  streaming of the video has begun
  
	If the streaming has begun then the movie is being played and this
  information is registered in the data base
  
	If the streaming doesn’t begin, then this “error” is handled in the Portal
  and the subscriber is not being charged for a movie which has not be seen.
  

Every time a subscriber starts the movie within the rental
period a check is conducted at the Ncube log as described above. This is to
prevent subscribers from being charged for a movie they can’t see due to
technical errors, i.e. if the network creates problems. The streaming from the
Ncube servers is done by letting port 554 stay open to everyone. When a STBox
requests a movie it request to this port and a new port is opened exclusively
for this individual STBox (unicast). This implies that a new port is opened for
every STBox and the movie is hereafter streamed to the STBox.

Portal management

The Portal software runs on a platform consisting of Open
Source operation and DBMS software – additionally the application is coded in
java towards a Jboss application server. The DBMS is a Mysql version 4.x.
running on linux based RedHat.

This module allows the administrator to modify and monitor the
Portal which can be accessed via a Web interface, see screenshots below:

21

 
	 	 
	Service logs 	IP settings 

It includes the following functionality: 

Customer Provisioning
Via a web based GUI – all kind
of operators – such as administrators and customer service staff, can create new
users and add product subscriptions with complex parameters that will be
provisioned to other systems.

22

Several types of customer objects can exist in the database -
among others, customers with no subscriptions, customers with one or more
subscriptions, potential customers etc.

All active customers are members of a group. This grouping is
used to determine which specific network operator they belong to and. to provide
various user groups messages about interferences in the service delivery within
various areas.

Service Provisioning
It is possible to define new
package (set of channels, number of films to be viewed) for a certain price.
This provides the flexibility to offer various price package.

Metadata Updating
Pictures to the VOD part of the
Portal are uploaded by the Movie-Picture-Editor in the Portal administration and
the metadata collected from the third party solution, Nable is used to present
movie information in the VOD part of the Portal

INFOCAST MODULE

The Infocast module is a third party application provided by
Kreatel. It provides a tool for uploading the necessary information to the Set
top box. That includes:

	- 	Splash screen 
	- 	Booting information 
	- 	Channel information 
	- 	Streaming information 

The System includes the set up and the necessary configuration
scheme for the functioning of the whole solution. 

DHCP SERVER

In order to limit access and bandwidth to paying subscribers in
the Portal, the System has been designed to identify subscribers based on
IP-addresses to confirm if the address belongs to the STBox or a Personal
Computer (“PC”). To allow each household to connect more than one STBox and PC,
there has to be a number of IP-addresses available for both the STBox and the
personal computer.

Multiple household IP address are created by allocating each
household its own subnet with IP-addresses belonging to it. Every household has
62 addresses available (actually it’s 64 addresses, but the first address in the
range goes to the net address and the last one goes to a broadcast address),
divided in two ranges of each 31 addresses, which in turn gives the possibility
to have 31 STBox’es and 31 personal computer’s per subnet/household. As such,
the configuration of the DHCP server has two pools for each subnet with 31
addresses in each and a definition of which router/broadcast address the
particular subnet must use. A STBox is recognized in the DHCP server from the
first 6 bytes in its MAC address, which is send with the DHCP DISCOVER and the
REQUEST headers from the STBox and the PC. In this way the 

23

DHCP server can decide whether the unit should be allocated its
IP-address from the STBox pool or the PC pool.

Since the network address takes its point of origin from a
class A network with the address 10.0.0.0, it gives a possibility of 262.144
subnets/households in the present setup.

DHCP assign the IP addresses according to the following
procedure: 

 

	1.  Discover 	The STBox or PC requests an IP address. 
	2.  Offer 	The DHCP server offers an available IP address
      depending on the mac etc. 
	3.  Request 	The STBox or PC confirms usage of the address.
    
	4.  Acknowledge 	The DHCP acknowledge the use (confirmation).
  

The lease period is 6 hours. 

For the allocation of IP addresses to the STBox’s, the DHCP
option 128 is used to define the multicast stream the STBox should join.

Interface between the different components
There are
many interfaces that are form part of the System. Those interfaces have been
developed specifically for working in the given environment. Still, most of them
could be re-used or slightly adapted to work in a more flexible environment.

The main interfaces developed are: 

Billing Interface
Provisioning of Customers and
product subscriptions as well as Termination/changes are provisioned with a
proprietary developed java module, that interfaces with the bss softwares Corba
API

This is a complex interface critical to the success of the
service. It includes the registration of the new users and access right to TV
channels (which channels can be watched by the users). All the information is
first written to the Portal application.

The Portal transfers billing information from CORBA to the
Nable server ever 30 seconds. Additonally, this information is registered every
time a movie is rented (or other services are bought). By immediately
transferring billing information to Nable, it is possible to extract different
forms of historic data and charts on the billing information, giving a quick
overview on the sale of different movies (depending on functionality installed
on the third party platform).

Handling of TV Programs

24

TV programs are streamed with the multicast protocol and thus
functions technically in the same manner as described when the STBox is loading
a boot image.

To which TV packet the individual subscriber has access is
defined in two ways. A static file in the boot image itself is being loaded when
the STBox boots and a script is loaded from a page in the Portal, which defines
the amount of TV programs allowed from the STBox.

No matter what the static file always has a basic packet
defined and loaded when the STBox boots. In this way the subscriber can still
see the most important TV programs, even if the Portal doesn’t give any
information about which TV programs are paid for, due to errors or break downs.
During normal use, the static file will be loaded first, but it is overwritten
by a dynamic file from the Portal based on what the subscriber has paid for.

HANDLING OF DATA AND METADATA

This is a key functionality of the System. Even if the Ncube
servers are being used for storage, data and metadata needs to be uploaded to it
and properly handled. 

Upload of new movies is done by transferring the movies with
the FTP protocol to the Ncube server. It is important to note the placement of
the file in the file system on the Ncube server. The movie is actually created
and initiated by making a Tag-file on the Nable administration interface. When
the Tag-file is done, the movie is ready for use. 

The Portal and TestPortal receive their metadata from the Nable
server, by attaching the Portal and TestPortal to a subscriber name – a sort of
a subscription – on the Nable server. Whenever metadata is being updated, i.e.
when a new movie is uploaded to the Ncube server, it is possible to define which
subscriber names should have the update. The Portal and the TestPortal are
divided into separate subscriber names, thus making it possible to upload new
information to the TestPortal and allowing test of this information/movie. If
the test succeeds then the Portal itself can be updated with the same
information, which has been tested prior to production. All the procedure has
been developed and can be re-used in the same environment. 

Both the Portal and the TestPortal use the publish/subscribe
principal and have a continuous open connection to Nable. Updates of movies and
metadata can be published to subscribers from the Nable administration and
hereafter sent to the Portal and/or the TestPortal to be updated. Pictures to
the VOD part of the Portal are uploaded by the Movie-Picture-Editor in the
Portal administration and the metadata collected from Nable is used to present
movie information in the VOD part of the Portal.

Handling of Emails

WebPartner’s servers are used for both outgoing mail (SMTP) and
ingoing mail (POP3 / IMAP). These protocols have been implememented in the
Portal. 

The Portal acts as a gateway or intermediate station and
communicates between the STBox at the subscriber level and the mail server at
WebPartner server level. As such, the Portal performs a login on behalf of each
user and sends mail information to and from the STBox. 

The current system supports one household account and one or
more user accounts. 

25

Product Subscription / Creation on the VOIP Soft
Switch
Functionality via http has been implemented to create telephony
subscriptions on a soft switch system. This function has not been implemented in
the live environment and may requires additional testing. 

Update of Program Information to the EPG
Update of
program information to the EPG The “Program Information Collector” is a separate
program, which updates the TV program information to the Electronic Program
Guide (EPG) located in the Nable video management. This is automatically
downloaded from the Internet. 

This is a cron-script run on a daily basis at 6 am, 12 noon and
5.40 pm, but it can also be executed manually from the Portal. 

26

Owned Software

The Vendor owns the primary elements of Dansk Broadband
Solution (the “System”) as previously described in this Schedule, being at the
core is all the middleware and the portal application of the NVE Middleware
Administrative Architecture. In addition the Vendor also owns the following
software included in the Assets being sold:

Licensed Software

The solution does not use any licensed software. 

Open Source Software

The complete solution uses a few Open Source components.

	MySQL version 4.X
  
	Redhat linux
  
	Jboss application software 

27

SCHEDULE D

ASSIGNMENT OF INTELLECTUAL PROPERTY

 

 

28

ASSIGNMENT OF INTELLECTUAL PROPERTY

          WHEREAS
MAKEITWORK APS., a company incorporated in the Denmark with registration
number 26784484 and having an address at Asgaardsvej 10, DK 1811 Frederiksberg
C, Denmark (the “Assignor”), is the owner of all right, title and
interest in and to all of the Intellectual Property and Permits, as such terms
are defined in an Asset Purchase Agreement dated as of January 31st,
2006 by and between the Assignor and ITONIS INC. (the “Assignee”);

          AND
WHEREAS the Assignee ITONIS INC. a company incorporated under the laws of
State of Nevada and having a business address at Klimentska 10, 110 00 Praha 1,
Czech Republic, is desirous of securing the entire right, title and interest in
and to the Intellectual Property and Permits; 

          NOW,
THEREFORE, be it known that, for good and valuable consideration the sufficiency
and receipt of which from Assignee is hereby acknowledged, we, as Assignor, have
sold, assigned, transferred, and set over, and do hereby sell, assign, transfer,
and set over unto the Assignee, its lawful successors and assigns, our entire
right, title, and interest in and to the Intellectual Property and Permits.

          AND,
WE HEREBY further covenant and agree that We, as Assignor, will, without further
consideration, communicate with the Assignee, its successors and assigns, any
facts known to us respecting the Intellectual Property and Permits and testify
in any legal proceeding, sign all lawful papers when called upon to do so,
execute and deliver all papers that may be necessary or desirable to perfect the
title to the Intellectual Property and Permits in said Assignee, its successors
and assigns. understanding that any expense incident to the execution of such
papers shall be borne by the Assignee, its successors and assigns.

EXECUTED this 7th day of February,
2006.
IN TESTIMONY WHEREOF, We have hereunto set our hands.

	MAKEITWORK APS. 
	 
    
	 
    
	                 
       /s/ John Marienhof 
	Per:          
      _________________________________
	                 
       Authorized Signatory 

29

	WITNESS: 
	 
	
      On this    7 day of
      February, 2006, before me personally appeared John
      Marienhof, who is known to me to be the individual who executed the
      foregoing instrument on behalf of the Assignor and who acknowledged to me
      that he/she executed the same and was duly authorized by the Assignor to
      do so. 

	 
	Jesper
      Kauffeldt                                                                                                     
      
	(Name of Witness) 
	 
	/s/ Jesper
      Kauffeldt                                                                                               
      
	(Signature of Witness 
	 
	Julius Bloms Gade 29, 4.T.V, 
	2200 Copenhagen N,
      Denmark                                                                            
      
	(Address of Witness) 

30

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