Document:

ex101.htm

    EXHIBIT
      10.1

    

    
      LICENSE
      OF RIGHTS IN SOFTWARE PROGRAM

    

    THIS
      LICENSE OF RIGHTS IN SOFTWARE PROGRAM (the “Agreement”) is made this 25th day of
      June, 2007, by and between MVP Network Online Games, Inc. (“Licensor”), a Nevada
      corporation, with a principal place of business located at 110 North Jefferson
      Avenue, St. Louis, Missouri 63103; and MVP Network, Inc. (“Licensee”), a Nevada
      corporation, with a principal place of business located at 110 North Jefferson
      Avenue, St. Louis, Missouri 63103.

     

    WITNESSETH:

     

    WHEREAS,
      subject only to those exceptions, if any, expressly set forth in this Agreement,
      Licensor owns all right, title, and interest in and to that certain computer
      program identified as the Golden Fairway Golf game  (the “Program”),
      the functional specifications for which are set forth in Exhibit
      A attached hereto; and

     

    WHEREAS,
      the Program contains no software components in which any third party may claim
      superior or joint ownership, nor is the Program a derivative work of any other
      software programs not owned in their entirety by Licensor; and

     

    WHEREAS,
      Licensor has granted no rights in the Program, or in any copies of the Program,
      to third parties; and

     

    WHEREAS,
      Licensor desires to license to Licensee, on an exclusive basis, the rights
      to
      reproduce, publicly display, market, sell, distribute and otherwise exploit
      the
      Program throughout the world (“Licensed Territory”) during the term of this
      Agreement, and Licensee desires to acquire such license rights to the Program,
      in accordance with the terms and conditions of this Agreement;

     

    NOW,
      THEREFORE, for $100.00 and the other good and valuable consideration specified
      herein, the receipt and sufficiency of which are hereby acknowledged, Licensor
      and Licensee, intending to be legally bound, hereby agree as
      follows:

     

    1.           Grant
      of License.  Subject to the terms and
      conditions hereinafter set forth, Licensor hereby grants to Licensee, the
      exclusive license to reproduce, publicly display, market, sell, distribute,
      and
      otherwise exploit the Program for use “online” the Internet throughout the
      Licensed Territory during the term of this Agreement.  The license
      herein granted to Licensee includes, without limitation, the non-exclusive
      right
      to reproduce, use, and publish Licensor’s company name in connection with the
      marketing, sale, and distribution of the Program.  Any rights not
      expressly granted to Licensee herein are and shall remain the property of the
      Licensor.

     

    2.           Delivery
      of Physical Objects.  Within ten (10) days after the
      effective date of this Agreement, Licensor shall deliver to Licensee: (1) its
      entire inventory of copies of the Program in source and object code form or
      CD
      consisting of head and build branch plus all updates including code tags and
      revisions; (2) all system and user documentation pertaining to the Program,
      including design or development specifications, error reports, and related
      correspondence and memoranda.

     

    
      
        
        

      

      
        -1-

        
          

        

      

      
        
        

      

    

    3.           Licensor’s
      Exclusive Rights Regarding Modifications and
      Improvements.  Licensor is hereby permitted to utilize
      any or all of the contents of the Program to modify and/or improve the Program,
      and Licensor shall have all (and exclusive) right, title, and interest in and
      with respect to all such modifications and/or improvements.

     

    4.           Copy
      Retained by Licensor.  Licensor may retain one copy of
      the Program and source code solely for nonproductive reference purposes with
      respect to its obligations under this Agreement, and Licensor shall retain
      no
      other rights or licenses with respect to the Program.

     

    5.           Certain
      Representations and Warranties.

     

    5.1           Licensor
      to Retain Ownership.  Licensee hereby acknowledges and agrees that
      all right, title and interest in and to the Program and all intangible property
      rights therein shall be and remain the property of Licensor, subject to the
      license herein granted to Licensee and any other interests granted by Licensor
      to third parties which interests are not inconsistent with the license granted
      to Licensee.

     

    5.2           Licensor
      Retains Proprietary Rights.  Licensee and Licensor acknowledge and
      agree that the product of all work performed in the development of the Program
      including, without limitation, any and all reports, designs, drawings, computer
      programs, audiovisual works, technical documentation of or concerning the
      Program, any copyrights, patents, patent applications, and/or other proprietary
      rights, shall be the sole and exclusive property of Licensor.

     

    5.3           Assignment
      to Licensor.  In the event any rights, title and interests in and
      to the Program shall not vest automatically in and with Licensor, Licensee
      hereby irrevocably assigns, conveys and otherwise transfers to Licensor, and
      its
      respective successors and assigns, all such rights, title and interests in
      and
      to the Program, including without limitation, any and all reports, designs,
      drawings, computer programs, audiovisual works, and technical documentation
      of
      or concerning the Program, together with all proprietary rights therein,
      including without limitation, all copyrights and trade secret rights, all
      contract and licensing rights, and all claims and causes of action of any kind
      with respect to any of the foregoing, whether now known or hereafter to become
      known.

     

    5.4           Further
      Assurances.  Licensee agrees that it shall take all actions and
      execute any and all documents as may be reasonably requested of it from time
      to
      time to fully vest in Licensor all rights, title and interests in and to the
      Program including but not limited to any trademark and copyright
      registrations.  Licensor agrees that it will require appropriate
      agreements with its employees and any other persons or entities participating
      in
      the creation and/or development of the Program pursuant to which any such
      employee and/or third party shall effectively release and relinquish any and
      all
      rights, title and interests which he/she/it may have in and to the Program
      and/or any portion thereof to Licensor.

     

    5.5           Waiver
      of Certain Interests.  Licensee hereby waives any and all liens,
      security interests, and/or other encumbrances against the Program, or any
      intangible property rights relating to the Program.  This waiver shall
      be a continuing waiver.

     

    5.6           Development
      Tools.  Licensee acknowledges that Licensor’s utilities, languages
      and similar development tools (“Developer Tools”) shall be and remain the
      exclusive property of Licensor.

     

    5.7           No
      Infringement of Third Party Intellectual Property
      Rights.  Licensor represents and warrants that the Program does
      not infringe any patent, copyright, or trade secret of any third party; that
      the
      Program is fully eligible for protection under applicable copyright law and
      has
      not been forfeited to the public domain; and that the source code and system
      specifications for the Program have been maintained in strict
      confidence.

     

    5.8           Licensor’s
      Contributors.  Licensor represents and warrants that any and all
      personnel, including employees, agents, consultants, and contractors, who have
      contributed to or participated in the conception and development of the Program
      are listed in Exhibit B hereto (collectively the
“Licensor’s Contributors”); and Licensor represents and warrants that each
      and
      every one of the Licensor’s Contributors has also agreed to retain all
      information relating to the Program in strict confidence, and has also: (1)
      been
      party to a for-hire relationship with Licensor that has accorded Licensor full,
      effective, and exclusive original ownership of all tangible and intangible
      property thereby arising with respect to the Program; or (2) executed
      appropriate instruments of assignment of ownership in favor of Licensor as
      assignee that have conveyed to Licensor full, effective and exclusive ownership
      of all tangible and intangible property thereby arising with respect to the
      Program.

     

    
      
        
        

      

      
        -2-

        
          

        

      

      
        
        

      

    

    5.9           No
      Agreements or Arrangements.  Licensor represents and warrants that
      there are no agreements or arrangements in effect with respect to the marketing,
      distribution, licensing, or promotion of the Program, including, without
      limitation, no agreements or arrangements with any independent salesperson,
      licensee, distributor, sublicensor, or other remarketer or sales
      organization.

     

    5.10           Software
      Components.  Licensor represents and warrants that it has duly
      obtained the right and license to use, copy, modify, and distribute the software
      components contained in the Program; that the Program contains no software
      components in which any third party may claim superior or joint ownership or
      other right or interest; and that the Program is not a derivative work of any
      other software programs not owned in their entirety by Licensor.

     

    5.11           No
      End-User Agreements or Other Third-Party Agreements.  Licensor
      represents and warrants that it has not granted any rights in the Program to
      any
      end-user or to any other third parties.

     

    6.           Marketing.

     

    6.1           Licensee
      Controls Marketing.  All aspects of the marketing, distribution,
      and/or other such exploitation of the Program shall be in Licensee’s sole
      discretion, including, without limitation, the channels of distribution,
      pricing, naming, packaging, labeling, advertising, promotion, terms and
      conditions of sale, compilation of customer names, and use of warranty and
      user
      registration information.

     

    6.2           Use
      of Intellectual Property.  Any trade names, trademarks, service
      marks, commercial symbols and/or logos used by Licensee in the marketing of
      the
      Program shall be the sole and exclusive property of Licensee with the exception
      of the Licensor’s name, trademarks, service marks, commercial symbols and/or
      logos used.  Licensor understands and agrees that it may not use any
      of the trade names, trademarks, service marks, commercial symbols and/or logos
      adopted by Licensee in any way without the express written permission of
      Licensee.  Licensor further acknowledges and agrees that Licensor
      acquires no rights with respect to any of Licensee’s adopted trade names,
      trademarks, service marks, commercial symbols and/or logos used.

     

    6.3           Name
      of Licensor.  Licensee shall be entitled to use and publish and
      permit others to use and publish the name of Licensor (including any
      professional or business identify adopted by licensor), photographs,
      biographical material, or any reproduction or simulation thereof in connection
      with the promotion, marketing, and/or distribution of the
      Program.  Licensor shall have the right to reasonably approve in a
      timely manner any photographic or biographical materials concerning Licensor
      or
      its personnel, which are not furnished to Licensee by Licensor.

     

    6.4           Ownership
      Credit.  Licensee shall afford Licensor conspicuous and legible
      credit on a dedicated title screens embodied in the Program in the form of
      “Designed and Developed by MVP Network Online Games, Inc.” (and with the logo of
      MVP Network Online Games, Inc.).

     

    6.5           Copyright
      Notice.  Licensee shall also insert a copyright notice in the form
      described below in the Program:  “Copyright 200_ MVP Network Online
      Games, Inc., Software licensed by MVP Network, Inc.”

     

    7.           Warranty
      Regarding Functional Specifications.   Licensor
      represents and warrants that the Program conforms in all material respects
      to
      the functional specifications set forth in Exhibit
      A.

     

    8.           Additional
      Support.  Licensor shall have a duty to conduct and
      perform the following, to the extent reasonably necessary, to carry out fully
      the purposes of this Agreement:

     

    Update
      all game assets and from time to time add additional properties such as new
      golf
      courses, hole-in-one contests, driving and putting ranges along with additional
      race tracks and multiple styles of racing games. All costs for additional assets
      shale be born by Licensor.

     

    
      
        
        

      

      
        -3-

        
          

        

      

      
        
        

      

    

    9.           Compensation.

     

    9.1           Certain
      Definitions. The term “Adjusted Gross Revenue” shall mean Gross
      Revenues (as hereinafter defined) less Marketing/Distribution Costs (as
      hereinafter defined).  The term “Gross Revenues” shall mean all
      amounts received by Licensee, its controlled subsidiaries and its commonly
      controlled affiliates, as revenues, under generally accepted accounting
      principles consistently applied, from the use, dissemination, or sale of the
      Program.  The term “Marketing/Distribution Costs” shall include: (a)
      all costs incurred by Licensee in connection with the marketing and/or licensing
      of the Program; and (b) all fees, royalties or other compensation paid to third
      parties to disseminate, market, license and/or distribute the
      Program.

     

    9.2           Payment
      of Royalties as Exclusive Compensation.  As Licensor’s sole and
      exclusive compensation and remuneration for all of the assignments, grants,
      duties, and terms and conditions set forth in this Agreement, during the term
      of
      this Agreement, Licensee hereby agrees to pay to Licensor royalties equal to
      fifty percent (50%) of Adjusted Gross Revenues for each calendar
      quarter.     Licensee shall make the payment due to
      Licensor hereunder with respect to Adjusted Gross Revenues for each calendar
      quarter not later than thirty (30) days after the end of such calendar
      quarter.   Each payment shall be accompanied by a report stating
      the amount of Gross Adjusted Revenues received by Licensee during the calendar
      quarter.

     

    9.3           Audited
      Financials, Record keeping and Inspection. Licensee hereby agrees to
      provide to Licensor financial statements audited by an accounting firm for
      each
      calendar year within ninety (90) days following the end of such calendar
      year.  If the Adjusted Gross Revenues reported on such audited
      financial statements differs from the cumulative amounts shown on the quarterly
      reports for such calendar year, Licensee shall make an adjustment payment to
      Licensor if the amounts shown on the quarterly reports were too low, or Licensor
      shall make an adjustment payment to Licensee if the amounts shown on the
      quarterly reports were too high, within thirty (30) days following delivery
      of
      the applicable financial statement. Licensee shall keep at its usual place
      or
      places of business complete records of its Adjusted Gross Revenues for each
      quarter and preserve the same for at least three (3) years following the end
      of
      such quarter, and to regularly make entries in such records at its normal
      business convenience for the purpose of determining the amounts payable to
      Licensor hereunder.  On not less than twenty (20) days written notice,
      Licensor shall have the right, not more than twice during any twelve (12) month
      period at mutually agreed upon times during normal business hours at Licensor's
      expense, to examine any and all of Licensee's records reflecting Adjusted Gross
      Revenues for the sole purpose of verifying the accuracy of Licensee's reports
      of
      Adjusted Gross Revenues and the performance of Licensee's obligations to make
      payments hereunder.  In the event that any such examination by
      Licensor discloses an error in the determination of any amounts due hereunder
      that is confirmed by Licensee's independent auditors, Licensee shall make an
      adjustment payment to Licensor if the amount previously paid was too low, or
      Licensor shall make an adjustment payment to Licensee if the amount previously
      paid was too high, within twenty (20) days following such independent auditor's
      confirmation of the error.

     

    10.           Term
      and Termination.  The term of this Agreement shall
      continue until December 31, 2008 unless terminated earlier by either party
      pursuant to this Section.   If a party materially breaches this
      Agreement (the “Breaching Party”), the other party  (the
“Non-Breaching Party”) shall issue a notice of default to the Breaching Party
      setting forth the breach in reasonable detail.  The Breaching Party
      shall then have thirty (30) days to cure such breach, and if the Breaching
      Party
      fails to cure such breach within such time, the Non-Breaching Party may
      terminate this Agreement.  All remedies of Licensor and Licensee, at
      law or in equity, shall survive any such termination of the
      Agreement.

     

    11.           Indemnity
      by Licensor.  Licensor shall indemnify and hold Licensee
      harmless from and against any and all claims, demands, causes of action or
      liabilities, of any nature whatsoever, arising out of or in connection with:
      (a)
      the failure of any one or more of the warranties, covenants and/or
      representations made by Licensor in this Agreement to be true and accurate;
      or
      (b) the failure by Licensor to perform fully and promptly any one or more of
      its
      obligations set forth herein.

     

    12.           Indemnity
      by Licensee.  Licensee shall indemnify and hold Licensor
      harmless from and against any and all claims, demands, causes of action or
      liabilities, of any nature whatsoever, arising out of or in connection with:
      (a)
      the failure of any one or more of the warranties, covenants and/or
      representations made by Licensee in this Agreement to be true and accurate;
      or
      (b) the failure by Licensee to perform fully and promptly any one or more of
      its
      obligations set forth herein.

     

    
      
        
        

      

      
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    13.           Confidentiality
      of Agreement.  Unless otherwise expressly required by
      governmental order or decree, neither party shall disclose the terms and
      conditions of this Agreement to any person, except, to the extent necessary,
      and
      in any case subject to confidentiality obligations, either party’s attorneys,
      accountants, or other similar agent, who require such disclosure to perform
      their normal services for that party.

     

    14.           Attorneys’
      Fees.  In the event either party shall commence any
      action or proceeding against the other party by reasons of any breach or claimed
      breach in the performance of any of the terms or conditions of this agreement
      or
      to seek a judicial declaration of rights under this Agreement, the prevailing
      party in such action shall be entitled to recover reasonable attorneys’ fees and
      costs from the non-prevailing party.

     

    15.           Notices.  All
      notices, requests, demands and other communications hereunder shall be given
      in
      writing and shall be: (a) personally delivered, (b) sent by telecopy, facsimile
      transmission or other electronic means of transmitting written documents, or
      (c)
      sent either by registered or certified U.S. mail, return receipt requested
      and
      postage prepaid, or by private overnight mail courier service.  The
      respective addresses to be used for all such notices, demands or requests are
      as
      follows:

    

    If
      to
      Licensor:

     

    MVP
      Network Online Games,
      Inc.

    110
      No. Jefferson Avenue

    St.
      Louis, Missouri 63103

    Attn:  Paul
      A.
      Schneider

    

    If
      to
      Licensee:

     

    MVP
      Network, Inc.

    110
      No. Jefferson Avenue

    St.
      Louis, Missouri 63103

    Attn:  Timothy
      R.
      Smith

     

    If
      personally delivered, a communication shall be deemed delivered upon actual
      receipt; if electronically transmitted, a communication shall be deemed
      delivered the second business day after transmission (and the sender shall
      bear
      the burden of proof of delivery); if sent by U.S. mail, a communication shall
      be
      deemed delivered as of the date of delivery indicated on the receipt issued
      by
      the relevant postal service; and if sent by overnight courier, a communication
      shall be deemed delivered upon receipt.  In any such case, if the
      addressee, on its part, fails or refuses to accept delivery, a communication
      shall be deemed delivered as of the date of such failure or
      refusal.  A party may change its address for the purposes of this
      Agreement by giving notice thereof in accordance with this Section.

     

    16.           Miscellaneous.

     

    16.1           Successors
      and Assigns.  This Agreement shall inure to the benefit of, and be
      binding upon, the parties hereto, together with their respective legal
      representatives, successors, and permitted assigns.

     

    16.2           Governing
      Law.  This Agreement shall be governed by, and construed in
      accordance with, the laws of the State of Missouri, St. Louis
      County.

     

    
      
        
        

      

      
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    16.3           Entire
      Agreement.  This Agreement merges and supersedes all prior and
      contemporaneous agreements, assurances, representations, and communications
      between the parties hereto with respect to the subject matter
      hereof.

     

    16.4           Amendments.
      This Agreement may not be modified except in writing, signed by the party
      against whom such amendment is sought to be enforced.

     

    16.5           Counterparts.  This
      Agreement may be signed in counterparts, each an original but all one and the
      same instrument.

     

    16.6.         
      Section Headings. The Section headings appearing in this Agreement are
      inserted only as a matter of convenience, and in no way define or limit the
      scope of any Section.

     

    IN
      WITNESS WHEREOF, the parties hereto have executed this Agreement effective
      as of
      the date shown above.

     

    

     

    
      	
              “Licensor”

              MVP
                NETWORK ONLINE GAMES, INC.

               

              By:
                Paul A. Schneider ____________

              Title:
                President__________________

              Date:
                June 25, 2007

            	
              “Licensee”

              MVP
                NETWORK, INC.

               

              By:
                Timothy Smith _______________

              Title:
                Vice President ______________

              Date:
                June 25, 2007

               

            

    

    

    
      
        
        

      

      
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    EXHIBIT
      A

    

    DESCRIPTION
      OF FUNCTIONAL SPECIFICATIONS

    FOR
      THE PROGRAM

    

    

    
      Golden
        Fairway Golf

    

     

    "Golden
      Fairway" is a client-server multiplayer 3-D golf simulation application
      featuring in-game advertising configurable by MVP and its licensed game
      distribution partners. Players referred to the game by a distributor
      website or promotional activity will view the ads configured by the
      distributor.

     

    Description
      of gameplay: Up to four players compete with each other on realistic golf
      courses, and each player is represented by an animated 3-D avatar. 
Golf physics is realistically modeled, taking into account the characteristics
      of the golf ball, golf clubs, aerodynamics, ground, trees, buildings and other
      objects.  Shot control is provided by an aiming device (the "candy cane"),
      power adjustments, swing direction adjustment, and 'hook' adjustment.  Golf
      courses are: "Hawaiian Tropics", "Canadian Rockies", "Arizona Desert" and
      "Driving Range".  Players communicate through text chat or voice-over-IP
      features.  Tournament play mode is available, providing prize awards
      through distributor sponsors.

     

    Distribution
      and installation: "Golden Fairway" is distributed via Internet download or
      by
      compact disc digital media.  From a downloaded installation
      program or an installation CD, the player installs a client
      application and associated components onto their PC; the client application
      is
      automatically updated by the server system whenever the game is
      run.  

     

    Payment
      model: A subset of overall game functionality is available to the
      player free of charge as a demonstration. Players access premium
      online content using game currency called 'tokens', obtained either
      from MVP's website using an electronic payment system, or through
      pre-purchase arrangement from a licensed distributor of the game, or equivalent
      mechanism.  Within the game, tokens are charged from the player's online
      account in exchange for access to features, e.g. for playing an 18-hole
      round of golf on the Arizona Desert course.

    

    

    
      
        
        

      

      
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    EXHIBIT
      B

    

    NAMES
      OF LICENSOR’S CONTRIBUTORS

    

    

    MVP
      Network Online Games, Inc.

    

    Andrew
      Locko

    Andy
      Maurer

    Bob
      Schade

    Brian
      Stamper

    Clint
      Phillips

    Damon
      Mitchell

    Derek
      Hauffe

    Keith
      Reiter

    Kevin
      Bertel

    Kevin
      Newkirk

    Mike
      Skolones

    Nathan
      Harris

    Paul
      A.
      Schneider

    Richard
      Wilson

    Timothy
      R. Smith

    Vinnie
      Saletto

    Will
      Prater

    

    

    AGRS/1527.3

    
      
        
        

      

      
        -8-ex102.htm

    EXHIBIT
      10.2

    

    
      LICENSE
      OF RIGHTS IN SOFTWARE PROGRAM

    

    THIS
      LICENSE OF RIGHTS IN SOFTWARE PROGRAM (the “Agreement”) is made this 25th day of
      June, 2007, by and between MVP Network Online Games, Inc. (“Licensor”), a Nevada
      corporation, with a principal place of business located at 110 North Jefferson
      Avenue, St. Louis, Missouri 63103; and MVP Network, Inc. (“Licensee”), a Nevada
      corporation, with a principal place of business located at 110 North Jefferson
      Avenue, St. Louis, Missouri 63103.

     

    WITNESSETH:

     

    WHEREAS,
      subject only to those exceptions, if any, expressly set forth in this Agreement,
      Licensor owns all right, title, and interest in and to that certain computer
      program identified as the Red Line Thunder game  (the “Program”), the
      functional specifications for which are set forth in Exhibit
      A attached hereto; and

     

    WHEREAS,
      the Program contains no software components in which any third party may claim
      superior or joint ownership, nor is the Program a derivative work of any other
      software programs not owned in their entirety by Licensor; and

     

    WHEREAS,
      Licensor has granted no rights in the Program, or in any copies of the Program,
      to third parties; and

     

    WHEREAS,
      Licensor desires to license to Licensee, on an exclusive basis, the rights
      to
      reproduce, publicly display, market, sell, distribute and otherwise exploit
      the
      Program throughout the world (“Licensed Territory”) during the term of this
      Agreement, and Licensee desires to acquire such license rights to the Program,
      in accordance with the terms and conditions of this Agreement;

     

    NOW,
      THEREFORE, for $100.00 and the other good and valuable consideration specified
      herein, the receipt and sufficiency of which are hereby acknowledged, Licensor
      and Licensee, intending to be legally bound, hereby agree as
      follows:

     

    1.           Grant
      of License.  Subject to the terms and
      conditions hereinafter set forth, Licensor hereby grants to Licensee, the
      exclusive license to reproduce, publicly display, market, sell, distribute,
      and
      otherwise exploit the Program for use “online” the Internet throughout the
      Licensed Territory during the term of this Agreement.  The license
      herein granted to Licensee includes, without limitation, the non-exclusive
      right
      to reproduce, use, and publish Licensor’s company name in connection with the
      marketing, sale, and distribution of the Program.  Any rights not
      expressly granted to Licensee herein are and shall remain the property of the
      Licensor.

     

    2.           Delivery
      of Physical Objects.  Within ten (10) days after the
      effective date of this Agreement, Licensor shall deliver to Licensee: (1) its
      entire inventory of copies of the Program in source and object code form or
      CD
      consisting of head and build branch plus all updates including code tags and
      revisions; (2) all system and user documentation pertaining to the Program,
      including design or development specifications, error reports, and related
      correspondence and memoranda.

     

    3.           Licensor’s
      Exclusive Rights Regarding Modifications and
      Improvements.  Licensor is hereby permitted to utilize
      any or all of the contents of the Program to modify and/or improve the Program,
      and Licensor shall have all (and exclusive) right, title, and interest in and
      with respect to all such modifications and/or improvements.

    
      
        
        

      

      
        -1-

        
          

        

      

      
        
        

      

    

     

    4.           Copy
      Retained by Licensor.  Licensor may retain one copy of
      the Program and source code solely for nonproductive reference purposes with
      respect to its obligations under this Agreement, and Licensor shall retain
      no
      other rights or licenses with respect to the Program.

     

    5.           Certain
      Representations and Warranties.

     

    5.1           Licensor
      to Retain Ownership.  Licensee hereby acknowledges and agrees that
      all right, title and interest in and to the Program and all intangible property
      rights therein shall be and remain the property of Licensor, subject to the
      license herein granted to Licensee and any other interests granted by Licensor
      to third parties which interests are not inconsistent with the license granted
      to Licensee.

     

    5.2           Licensor
      Retains Proprietary Rights.  Licensee and Licensor acknowledge and
      agree that the product of all work performed in the development of the Program
      including, without limitation, any and all reports, designs, drawings, computer
      programs, audiovisual works, technical documentation of or concerning the
      Program, any copyrights, patents, patent applications, and/or other proprietary
      rights, shall be the sole and exclusive property of Licensor.

     

    5.3           Assignment
      to Licensor.  In the event any rights, title and interests in and
      to the Program shall not vest automatically in and with Licensor, Licensee
      hereby irrevocably assigns, conveys and otherwise transfers to Licensor, and
      its
      respective successors and assigns, all such rights, title and interests in
      and
      to the Program, including without limitation, any and all reports, designs,
      drawings, computer programs, audiovisual works, and technical documentation
      of
      or concerning the Program, together with all proprietary rights therein,
      including without limitation, all copyrights and trade secret rights, all
      contract and licensing rights, and all claims and causes of action of any kind
      with respect to any of the foregoing, whether now known or hereafter to become
      known.

     

    5.4           Further
      Assurances.  Licensee agrees that it shall take all actions and
      execute any and all documents as may be reasonably requested of it from time
      to
      time to fully vest in Licensor all rights, title and interests in and to the
      Program including but not limited to any trademark and copyright
      registrations.  Licensor agrees that it will require appropriate
      agreements with its employees and any other persons or entities participating
      in
      the creation and/or development of the Program pursuant to which any such
      employee and/or third party shall effectively release and relinquish any and
      all
      rights, title and interests which he/she/it may have in and to the Program
      and/or any portion thereof to Licensor.

     

    5.5           Waiver
      of Certain Interests.  Licensee hereby waives any and all liens,
      security interests, and/or other encumbrances against the Program, or any
      intangible property rights relating to the Program.  This waiver shall
      be a continuing waiver.

     

    5.6           Development
      Tools.  Licensee acknowledges that Licensor’s utilities, languages
      and similar development tools (“Developer Tools”) shall be and remain the
      exclusive property of Licensor.

     

    5.7           No
      Infringement of Third Party Intellectual Property
      Rights.  Licensor represents and warrants that the Program does
      not infringe any patent, copyright, or trade secret of any third party; that
      the
      Program is fully eligible for protection under applicable copyright law and
      has
      not been forfeited to the public domain; and that the source code and system
      specifications for the Program have been maintained in strict
      confidence.

     

    5.8           Licensor’s
      Contributors.  Licensor represents and warrants that any and all
      personnel, including employees, agents, consultants, and contractors, who have
      contributed to or participated in the conception and development of the Program
      are listed in Exhibit B hereto (collectively the
“Licensor’s Contributors”); and Licensor represents and warrants that each
      and
      every one of the Licensor’s Contributors has also agreed to retain all
      information relating to the Program in strict confidence, and has also: (1)
      been
      party to a for-hire relationship with Licensor that has accorded Licensor full,
      effective, and exclusive original ownership of all tangible and intangible
      property thereby arising with respect to the Program; or (2) executed
      appropriate instruments of assignment of ownership in favor of Licensor as
      assignee that have conveyed to Licensor full, effective and exclusive ownership
      of all tangible and intangible property thereby arising with respect to the
      Program.

     

    
      
        
        

      

      
        -2-

        
          

        

      

      
        
        

      

    

    5.9           No
      Agreements or Arrangements.  Licensor represents and warrants that
      there are no agreements or arrangements in effect with respect to the marketing,
      distribution, licensing, or promotion of the Program, including, without
      limitation, no agreements or arrangements with any independent salesperson,
      licensee, distributor, sublicensor, or other remarketer or sales
      organization.

     

    5.10           Software
      Components.  Licensor represents and warrants that it has duly
      obtained the right and license to use, copy, modify, and distribute the software
      components contained in the Program; that the Program contains no software
      components in which any third party may claim superior or joint ownership or
      other right or interest; and that the Program is not a derivative work of any
      other software programs not owned in their entirety by Licensor.

     

    5.11           No
      End-User Agreements or Other Third-Party Agreements.  Licensor
      represents and warrants that it has not granted any rights in the Program to
      any
      end-user or to any other third parties.

     

    6.           Marketing.

     

    6.1           Licensee
      Controls Marketing.  All aspects of the marketing, distribution,
      and/or other such exploitation of the Program shall be in Licensee’s sole
      discretion, including, without limitation, the channels of distribution,
      pricing, naming, packaging, labeling, advertising, promotion, terms and
      conditions of sale, compilation of customer names, and use of warranty and
      user
      registration information.

     

    6.2           Use
      of Intellectual Property.  Any trade names, trademarks, service
      marks, commercial symbols and/or logos used by Licensee in the marketing of
      the
      Program shall be the sole and exclusive property of Licensee with the exception
      of the Licensor’s name, trademarks, service marks, commercial symbols and/or
      logos used.  Licensor understands and agrees that it may not use any
      of the trade names, trademarks, service marks, commercial symbols and/or logos
      adopted by Licensee in any way without the express written permission of
      Licensee.  Licensor further acknowledges and agrees that Licensor
      acquires no rights with respect to any of Licensee’s adopted trade names,
      trademarks, service marks, commercial symbols and/or logos used.

     

    6.3           Name
      of Licensor.  Licensee shall be entitled to use and publish and
      permit others to use and publish the name of Licensor (including any
      professional or business identify adopted by licensor), photographs,
      biographical material, or any reproduction or simulation thereof in connection
      with the promotion, marketing, and/or distribution of the
      Program.  Licensor shall have the right to reasonably approve in a
      timely manner any photographic or biographical materials concerning Licensor
      or
      its personnel, which are not furnished to Licensee by Licensor.

     

    6.4           Ownership
      Credit.  Licensee shall afford Licensor conspicuous and legible
      credit on a dedicated title screens embodied in the Program in the form of
      “Designed and Developed by MVP Network Online Games, Inc.” (and with the logo of
      MVP Network Online Games, Inc.).

     

    6.5           Copyright
      Notice.  Licensee shall also insert a copyright notice in the form
      described below in the Program:  “Copyright 200_ MVP Network Online
      Games, Inc., Software licensed by MVP Network, Inc.”

     

    7.           Warranty
      Regarding Functional Specifications.   Licensor
      represents and warrants that the Program conforms in all material respects
      to
      the functional specifications set forth in Exhibit
      A.

     

    8.           Additional
      Support.  Licensor shall have a duty to conduct and
      perform the following, to the extent reasonably necessary, to carry out fully
      the purposes of this Agreement:

     

    Update
      all game assets and from time to time add additional properties such as new
      golf
      courses, hole-in-one contests, driving and putting ranges along with additional
      race tracks and multiple styles of racing games. All costs for additional assets
      shale be born by Licensor.

     

    
      
        
        

      

      
        -3-

        
          

        

      

      
        
        

      

    

    9.           Compensation.

     

    9.1           Certain
      Definitions. The term “Adjusted Gross Revenue” shall mean Gross Revenues (as
      hereinafter defined) less Marketing/Distribution Costs (as hereinafter
      defined).  The term “Gross Revenues” shall mean all amounts received
      by Licensee, its controlled subsidiaries and its commonly controlled affiliates,
      as revenues, under generally accepted accounting principles consistently
      applied, from the use, dissemination, or sale of the Program.  The
      term “Marketing/Distribution Costs” shall include: (a) all costs incurred by
      Licensee in connection with the marketing and/or licensing of the Program;
      and
      (b) all fees, royalties or other compensation paid to third parties to
      disseminate, market, license and/or distribute the Program.

     

    9.2           Payment
      of Royalties as Exclusive Compensation.  As Licensor’s sole and
      exclusive compensation and remuneration for all of the assignments, grants,
      duties, and terms and conditions set forth in this Agreement, during the term
      of
      this Agreement, Licensee hereby agrees to pay to Licensor royalties equal to
      fifty percent (50%) of Adjusted Gross Revenues for each calendar
      quarter.     Licensee shall make the payment due to
      Licensor hereunder with respect to Adjusted Gross Revenues for each calendar
      quarter not later than thirty (30) days after the end of such calendar
      quarter.   Each payment shall be accompanied by a report stating
      the amount of Gross Adjusted Revenues received by Licensee during the calendar
      quarter.

     

    9.3           Audited
      Financials, Record keeping and Inspection. Licensee hereby agrees to provide
      to Licensor financial statements audited by an accounting firm for each calendar
      year within ninety (90) days following the end of such calendar
      year.  If the Adjusted Gross Revenues reported on such audited
      financial statements differs from the cumulative amounts shown on the quarterly
      reports for such calendar year, Licensee shall make an adjustment payment to
      Licensor if the amounts shown on the quarterly reports were too low, or Licensor
      shall make an adjustment payment to Licensee if the amounts shown on the
      quarterly reports were too high, within thirty (30) days following delivery
      of
      the applicable financial statement. Licensee shall keep at its usual place
      or
      places of business complete records of its Adjusted Gross Revenues for each
      quarter and preserve the same for at least three (3) years following the end
      of
      such quarter, and to regularly make entries in such records at its normal
      business convenience for the purpose of determining the amounts payable to
      Licensor hereunder.  On not less than twenty (20) days written notice,
      Licensor shall have the right, not more than twice during any twelve (12) month
      period at mutually agreed upon times during normal business hours at Licensor's
      expense, to examine any and all of Licensee's records reflecting Adjusted Gross
      Revenues for the sole purpose of verifying the accuracy of Licensee's reports
      of
      Adjusted Gross Revenues and the performance of Licensee's obligations to make
      payments hereunder.  In the event that any such examination by
      Licensor discloses an error in the determination of any amounts due hereunder
      that is confirmed by Licensee's independent auditors, Licensee shall make an
      adjustment payment to Licensor if the amount previously paid was too low, or
      Licensor shall make an adjustment payment to Licensee if the amount previously
      paid was too high, within twenty (20) days following such independent auditor's
      confirmation of the error.

     

    10.           Term
      and Termination.  The term of this Agreement shall
      continue until December 31, 2008 unless terminated earlier by either party
      pursuant to this Section.   If a party materially breaches this
      Agreement (the “Breaching Party”), the other party  (the
“Non-Breaching Party”) shall issue a notice of default to the Breaching Party
      setting forth the breach in reasonable detail.  The Breaching Party
      shall then have thirty (30) days to cure such breach, and if the Breaching
      Party
      fails to cure such breach within such time, the Non-Breaching Party may
      terminate this Agreement.  All remedies of Licensor and Licensee, at
      law or in equity, shall survive any such termination of the
      Agreement.

     

    11.           Indemnity
      by Licensor.  Licensor shall indemnify and hold Licensee
      harmless from and against any and all claims, demands, causes of action or
      liabilities, of any nature whatsoever, arising out of or in connection with:
      (a)
      the failure of any one or more of the warranties, covenants and/or
      representations made by Licensor in this Agreement to be true and accurate;
      or
      (b) the failure by Licensor to perform fully and promptly any one or more of
      its
      obligations set forth herein.

     

    12.           Indemnity
      by Licensee.  Licensee shall indemnify and hold Licensor
      harmless from and against any and all claims, demands, causes of action or
      liabilities, of any nature whatsoever, arising out of or in connection with:
      (a)
      the failure of any one or more of the warranties, covenants and/or
      representations made by Licensee in this Agreement to be true and accurate;
      or
      (b) the failure by Licensee to perform fully and promptly any one or more of
      its
      obligations set forth herein.

     

    13.           Confidentiality
      of Agreement.  Unless otherwise expressly required by
      governmental order or decree, neither party shall disclose the terms and
      conditions of this Agreement to any person, except, to the extent necessary,
      and
      in any case subject to confidentiality obligations, either party’s attorneys,
      accountants, or other similar agent, who require such disclosure to perform
      their normal services for that party.

     

    
      
        
        

      

      
        -4-

        
          

        

      

      
        
        

      

    

    14.           Attorneys’
      Fees.  In the event either party shall commence any
      action or proceeding against the other party by reasons of any breach or claimed
      breach in the performance of any of the terms or conditions of this agreement
      or
      to seek a judicial declaration of rights under this Agreement, the prevailing
      party in such action shall be entitled to recover reasonable attorneys’ fees and
      costs from the non-prevailing party.

     

    15.           Notices.  All
      notices, requests, demands and other communications hereunder shall be given
      in
      writing and shall be: (a) personally delivered, (b) sent by telecopy, facsimile
      transmission or other electronic means of transmitting written documents, or
      (c)
      sent either by registered or certified U.S. mail, return receipt requested
      and
      postage prepaid, or by private overnight mail courier service.  The
      respective addresses to be used for all such notices, demands or requests are
      as
      follows:

    

    If
      to
      Licensor:

     

    MVP
      Network Online Games,
      Inc.

    110
      No. Jefferson Avenue

    St.
      Louis, Missouri 63103

    Attn:  Paul
      A.
      Schneider

    

    If
      to
      Licensee:

     

    MVP
      Network, Inc.

    110
      No. Jefferson Avenue

    St.
      Louis, Missouri 63103

    Attn:  Timothy
      R.
      Smith

     

    If
      personally delivered, a communication shall be deemed delivered upon actual
      receipt; if electronically transmitted, a communication shall be deemed
      delivered the second business day after transmission (and the sender shall
      bear
      the burden of proof of delivery); if sent by U.S. mail, a communication shall
      be
      deemed delivered as of the date of delivery indicated on the receipt issued
      by
      the relevant postal service; and if sent by overnight courier, a communication
      shall be deemed delivered upon receipt.  In any such case, if the
      addressee, on its part, fails or refuses to accept delivery, a communication
      shall be deemed delivered as of the date of such failure or
      refusal.  A party may change its address for the purposes of this
      Agreement by giving notice thereof in accordance with this Section.

     

    16.           Miscellaneous.

     

    16.1           Successors
      and Assigns.  This Agreement shall inure to the benefit of, and be
      binding upon, the parties hereto, together with their respective legal
      representatives, successors, and permitted assigns.

     

    16.2           Governing
      Law.  This Agreement shall be governed by, and construed in
      accordance with, the laws of the State of Missouri, St. Louis
      County.

     

    
      
        
        

      

      
        -5-

        
          

        

      

      
        
        

      

    

    16.3           Entire
      Agreement.  This Agreement merges and supersedes all prior and
      contemporaneous agreements, assurances, representations, and communications
      between the parties hereto with respect to the subject matter
      hereof.

     

    16.4           Amendments.
      This Agreement may not be modified except in writing, signed by the party
      against whom such amendment is sought to be enforced.

     

    16.5           Counterparts.  This
      Agreement may be signed in counterparts, each an original but all one and the
      same instrument.

     

    16.6.          Section
      Headings. The Section headings appearing in this Agreement are inserted only
      as a matter of convenience, and in no way define or limit the scope of any
      Section.

     

    IN
      WITNESS WHEREOF, the parties hereto have executed this Agreement effective
      as of
      the date shown above.

     

    

     

    
      	
              “Licensor”

              MVP
                NETWORK ONLINE GAMES, INC.

               

              By:
                Paul A. Schneider ____________

              Title:
                President__________________

              Date:
                June 25, 2007

            	
              “Licensee”

              MVP
                NETWORK, INC.

               

              By:
                Timothy Smith _______________

              Title:
                Vice President ______________

              Date:
                June 25, 2007

               

            

    

    

    
      
        
        

      

      
        -6-

        
          

        

      

      
        
        

      

    

    EXHIBIT
      A

    

    DESCRIPTION
      OF FUNCTIONAL SPECIFICATIONS

    FOR
      THE PROGRAM

    

    Redline
      Thunder Racing

    

    
      "Redline
        Thunder: American Stock Car Racing" is an Internet client-server
        multiplayer 3-D racing simulation featuring in-game advertising configurable
        by
        MVP and its licensed game distribution partners. Players referred to the
        game by a distributor website or promotional activity will view the ads
        configured by the distributor.

       

      Description
        of gameplay: Up to seven players compete against each other; each controls
        a
        physically simulated 3D race car model on realistic
        stock car racing courses.  Three racetracks and four types of racecar
        are available.  The application provides for user configuration
        of controls such as throttle, brake, steering, gearshift, and camera
        selection, and configuration of displays for road speed, tachometer, engine
        condition, race position, and other information.  Text chat is available to
        payers prior to the start of a race, and voice-over-IP communication is provided
        during the race.  The game has two major modes: "Practice" racing is a
        single-player mode that can be run without an internet connection, where
        the
        player competes against computer-controlled opponents; "Race" mode is the
        multiplayer client-server mode where players compete against each other through
        an internet connection.

       

      Distribution
        and installation: "Redline Thunder: American Stock Car Racing" is distributed
        via Internet download or by compact disc digital media.  From
        a downloaded installation program or an installation CD, the
        player installs a client application and associated components onto their
        PC; the client application is automatically updated by the server system
        whenever the game is run.  

       

    

    Payment
      model: A subset of overall game functionality is available to the
      player free of charge as a demonstration.  To access full
      functionality, players purchase an 'activated' account from MVP's website
      via an electronic payment system; the activation provides a certain number
      of
      credits for online multiplayer racing, and also unlocks additional cars, tracks
      and other features in the single-player standalone 'Practice' mode.

    

    

    
      
        
        

      

      
        -7-

        
          

        

      

      
        
        

      

    

    EXHIBIT
      B

    

    NAMES
      OF LICENSOR’S CONTRIBUTORS

    

    

    MVP
      Network Online Games, Inc.

    

    Andrew
      Locko

    Andy
      Maurer

    Bob
      Schade

    Brian
      Stamper

    Clint
      Phillips

    Damon
      Mitchell

    Derek
      Hauffe

    Keith
      Reiter

    Kevin
      Bertel

    Kevin
      Newkirk

    Mike
      Skolones

    Nathan
      Harris

    Paul
      A.
      Schneider

    Richard
      Wilson

    Timothy
      R. Smith

    Vinnie
      Saletto

    Will
      Prater

    

    

     

    
      
        
        

      

      
        -8-

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