Document:

MODIFICATION
      AGREEMENT

    

    This
      Modification Agreement is made this 30th day of June, 2006, by and between
      Nayna
      Networks, Inc. a Nevada corporation, (the “Borrower”)
      and
      _____________, (the “Lender”).

    

    RECITALS

    

    WHEREAS,
      the Borrower issued that certain Convertible Promissory Note, as amended (the
      “Note”),
      in
      the original principal amount of $_________, dated _________, in favor of the
      Lender;

    

    WHEREAS,
      both the Borrower and the Lender desire to modify the terms of the Note to
      reflect their mutual understanding and to extend the maturity date, each as
      set
      forth herein.

    

    NOW,
      THEREFORE, for good and valuable consideration, the receipt and adequacy of
      which are hereby acknowledged, the Borrower and the Lender agree to modify
      the
      terms of the Note as follows:

    

    AGREEMENT

    

    1.    The
      first
      paragraph of the Note, which begins, “Nayna Networks, Inc., a Nevada...” will be
      deleted and replaced in its entirety by the following paragraph:

    

    “Nayna
      Networks, Inc., a Nevada corporation (the "Company"), for value received,
      promises to pay to _______________________________
      or
      registered assigns (“Holder”) the sum of ___________
      dollars
      ($_________), together
      with interest thereon at the rate of 8% per annum on the unpaid balance.
      Outstanding principal together with interest is due Dec 31, 2006. 

    

    2.    Except
      as
      amended herein, all terms and conditions of the Note shall remain in full force
      and effect, unmodified in any way.

    

    4.    This
      Agreement shall be governed by and construed under the laws of the State of
      California without respect to the principles of the choice of law or the
      conflicts of laws.

     

    IN
      WITNESS WHEREOF, the parties hereto have executed this Note Amendment Agreement
      as of the date set forth above.

    

    BORROWER:

    

    NAYNA
      NETWORKS, INC.

     

    By:____________________________________________ 

    Naveen
      S.
      Bisht, President & CEO

    

    

    LENDER:

    _____________________________________________________

     

     

    By:_______________________________________________      

     

    Name:_____________________________________________

     

    Title:______________________________________________MASTER
      DEVELOPMENT AGREEMENT

     

    
      

      

    

    

    SMARTVIDEOTM
      TECHNOLOGIES, INC.

    

    and

    

    SKYWARD
      MOBILE, LLC

     

    
      
         

      

      
         

        
          

        

      

      
         

      

    

    SMARTVIDEOTM
      TECHNOLOGIES, INC.

    3505
      Koger Boulevard, Suite 400

    Duluth,
      Georgia 30096

    (770)
      279-3100

    

    MASTER
      DEVELOPMENT AGREEMENT

    

    BETWEEN

    

    SKYWARD
      MOBILE, LLC

    130
      New
      Boston Street

    Woburn,
      Massachusetts 01801

    

    Telephone:

    Facsimile:

    Tax
      ID#:

    

    AND

    

    SMARTVIDEOTM
      TECHNOLOGIES, INC., (Hereinafter “COMPANY”)

    3505
      Koger Boulevard, Suite 400

    Duluth,
      Georgia 30096

    

    COMPANY
      Contact:

    

    David
      Ross

    President

    Telephone:
      (770) 279-3100

    Facsimile:
      (770) 279-3149

    
      
         

      

      
        -2-

        
          

        

      

      
         

      

    

    COMPANY
      and DEVELOPER hereby agree as follows:

    

    The
      spirit of this Master Development Agreement is to outline certain design,
      engineering and development services to be provided by DEVELOPER, and to align
      the performance of such services with certain of the COMPANY’S business
      development goals.

    

    
      	1.	
              Scope
                of Work

            

    

    

    DEVELOPER
      shall perform development and design services (the
      “SERVICES”) for SMARTVIDEOTM TECHNOLOGIES, INC., (“COMPANY”) related to the
      creation of custom applications and software. DEVELOPER will also provide
      general advice and direction to the COMPANY regarding the creation of custom
      applications, as well as engineering and design as more specifically set forth
      below:

    

    
      	
            	(a)	
              Developer
                shall advise the Company as to specific needs and “builds” that may be
                required in connection with the development and acquisition of written
                agreements with [*****].
                Such agreements shall include, but not be limited to, an agreement
                for a
                [*****]
                and
                content and retail deals. Developer, working in conjunction with
                the
                Company’s business development department, will develop necessary
                specifications and design and build milestones required to comply
                with the
                acquisition of the above-named agreements for custom
                content;

            

    

    

    
      	 	
              (b)

            	
              Subject
                to Developer
                receiving reasonable prior notice, and Developer’s availability, Developer
                shall attend meetings at the reasonable request of the Company
                for the
                purpose of qualifying engineering or design specifications related
                to the
                items outlined in (a) above; and

            

    

    

    
      	 	
              (c)

            	
              Developer
                shall provide such other and further development and design services
                as
                mutually agreed upon by Developer and
                Company.

            

    

    

    DEVELOPER
      shall report directly to the President of the Company and his designee(s),
      including but not limited to, the Senior Vice President of Business Development,
      the Senior Vice President of Content and the Chief Engineer. Only these
      individuals will have the authority to provide direction to the DEVELOPER,
      including travel and scope of work.

    

    
      	2.	
              Compensation

            

    

    

    COMPANY
      shall pay DEVELOPER as follows:

    

    COMPANY
      will provide to DEVELOPER warrants to purchase common stock in COMPANY as
      further outlined below.

    

    Category
      1 Warrants:

    

    
      	 	
              1.

            	
              A
                warrant to purchase 50,000 shares of the Company’s common stock for the
                Services described in Section l(a) - (c) above. The strike price
                of this
                warrant will be the per share price equal to the closing sale price
                quoted
                on the OTC Bulletin Board on the date of the execution of this Agreement.
                Such warrant will be issued on the date of execution of this Agreement
                and
                will be exercisable for a period of 5 years from the date of
                issuance.

            

    

    

    
      
        *Confidential
          Treatment has been requested for the marked portion and filed separately
          with
          the Commission.

      

      
         

      

      
        -3-

        
          

        

      

      
         

      

       

    

    
      	 	
              2.

            	
              A
                warrant to purchase 50,000 shares of the Company’s common stock upon
                delivery of written design specifications and all other necessary
                design
                and build milestones to support the requirements of the first fully
                executed agreement between the Company and a [
                * * * * *] to
                put a [
                * * * * *].
                The strike price of this warrant will be the per share price equal
                to the
                closing sale price quoted on the OTC Bulletin Board or another nationally
                recognized trading system on the date of the execution of this Agreement
                or the date of delivery of the design specifications and all other
                necessary design and build milestones referenced above to the Company
                (the
                “Delivery Date”), whichever is lower. Such warrant will be issued on the
                date of execution of this Agreement, and will be exercisable on the
                Delivery Date. The warrant will remain exercisable for a period of
                5 years
                from the date of issuance.

            

    

    

    
      	 	
              3.

            	
              A
                warrant to purchase 50,000 shares of the Company’s common stock upon
                delivery of the completed custom application, including all necessary
                hardware and software, needed for the Official Commercial Launch
                of the
                [
                * * * * *].
                “Official Commercial Launch” is defined as marketing supported, paid
                subscription launch of the application described herein. The strike
                price
                of this warrant will be the per share price equal to the closing
                sale
                price quoted on the OTC bulletin Board or another nationally recognized
                trading system on the date of the execution of this Agreement or
                the date
                of delivery of the completed custom application, including all necessary
                hardware and software, needed for the Official Commercial Launch,
                (the
                “Delivery Date”), whichever is lower. Such warrant will be issued on the
                date of execution of this Agreement, and will be exercisable on the
                Delivery Date. The warrant will remain exercisable for a period of
                5 years
                from the date of issuance.

            

    

    

    
      	 	
              4.

            	
              A
                warrant to purchase 50,000 shares of the Company’s common stock for the
                continued monitoring, additional design and follow-up engineering
                services
                required to ensure the continuity and functionality of the [
                * * * * *]as
                referenced in (3) above. (The 200,000 paid subscribers can come from
                any
                one of a number of sources, such as [
                * * * * *] etc...and
                can be comprised of different “on deck” or “off deck” applications). The
                strike price of this warrant will be the per share price equal to
                the
                closing sale price quoted on the OTC Bulletin Board or another nationally
                recognized trading system on the date of execution of this Agreement
                or
                the date on which the 200,000 subscriber threshold is reached, whichever
                is lower. Such warrant will be issued on the date of the execution
                of this
                Agreement and will be exercisable upon reaching the 200,000 subscriber
                threshold. The warrant will remain exercisable for a period of 5
                years
                from the date of issuance.

            

    

    

    
      	 	
              5.

            	
              A
                warrant to purchase 50,000 shares of the Company’s common stock upon
                delivery of the completed custom application, including all necessary
                hardware and software, needed for the Official Commercial Launch
                of the
                [*
                * * * *].
                “Official Commercial Launch” is defined as a marketing supported, paid
                subscription launch of the application described in. The strike price
                of
                this warrant will be the per share price equal to the closing sale
                price
                quoted on the OTC Bulletin Board or another nationally recognized
                trading
                system on the date of execution of this Agreement or the date of
                delivery
                of the completed custom application, including all necessary hardware
                and
                software, needed for the Official Commercial Launch (the “Delivery Date”),
                whichever is lower. Such warrant will be issued on the date of execution
                of this Agreement, and will be exercisable upon the Delivery Date.
                The
                warrant will remain exercisable for a period of 5 years from the
                date of
                issuance.

            

    

    

    
      
        *Confidential
          Treatment has been requested for the marked portion and filed separately
          with
          the Commission.

      

      
         

      

      
        -4-

        
          

        

      

      
         

      

    

    Category
      2 Warrants:

    

    
      	 	
              6.

            	
              A
                warrant to purchase no less than 50,000 shares of the Company’s common
                stock for: (1) delivery of the completed custom application, including
                all
                necessary hardware and software, needed for each additional Official
                Commercial Launch of the [*
                * * * *];
                and (2) the continued and functionality of the [*
                * * * *],
                upon reaching the threshold of 100,000 paid subscribers thereto.
“Official
                Commercial Launch” is defined as a marketing supported, paid subscription
                launch of the application described herein. The strike price of this
                warrant will be the per share price equal to the closing sale price
                quoted
                on the OTC Bulletin Board or another nationally recognized trading
                system
                on the date of execution of this Agreement or the date of the Official
                Commercial Launch, whichever is lower. Such warrant will be issued
                on the
                date of the execution of this Agreement and will be exercisable upon
                reaching 100,000 paid subscribers. The warrant will remain exercisable
                for
                a period of 5 years from the date of
                issuance.

            

    

    

    
      	 	
              7.

            	
              A
                warrant to purchase no less than 25,000 shares of the Company’s common
                stock for: (1) delivery of written design specifications and all
                other
                necessary design and build milestones to support each Official Commercial
                Launch of a custom application on a [
                * * * * *] and
                (2) the continued monitoring, additional design and follow-up engineering
                services required to ensure the continuity and functionality of the
                custom
                application on each such [
                * * * * *],
                upon reaching the threshold of 50,000 paid subscribers thereto. For
                purposes of this objective, a [
                * * * * *].
                “Official Commercial Launch” is defined as a marketing supported, paid
                subscription launch of the application being proposed. The strike
                price of
                this warrant will be the per share equal to the closing sale price
                quoted
                on the OTC Bulletin Board or another nationally recognized trading
                system
                on the date of execution of this Agreement or the date of the Official
                Commercial Launch, whichever is lower. Such warrant will be issued
                on the
                date of the execution of this Agreement and will be exercisable upon
                reaching 50,000 subscribers. The warrant will remain exercisable
                for a
                period of 5 years from the date of
                issuance.

            

    

    

    
      	 	
              8.

            	
              A
                warrant to purchase no less than 50,000 shares of the Company’s common
                stock for (1) delivery of written design specifications and all other
                necessary design and build milestones to support each Official Commercial
                Launch of a [*
                * * * *];
                and (2) the continued monitoring, additional design and follow-up
                engineering services required to ensure the continuity and functionality
                of the application for each such [
                * * * * *],
                upon reaching the threshold generation of 50,000 paid subscribers
                thereto.
                “Official Commercial Launch” is defined as a marketing supported, paid
                subscription launch of the application described herein. The strike
                price
                of this warrant will be the per share price equal to the closing
                sale
                price quoted on the OTC Bulletin Board or another nationally recognized
                trading system on the date of the execution of this Agreement or
                the date
                of the Official Commercial Launch, whichever is lower. Such warrant
                will
                be issued on the date of the execution of this Agreement and will
                be
                exercisable upon reaching 50,000 paid subscribers. The warrant will
                remain
                exercisable for a period of 5 years from the date of
                issuance.

            

    

    

    
      
        *Confidential
          Treatment has been requested for the marked portion and filed separately
          with
          the Commission.

      

      
         

      

      
        -5-

        
          

        

      

      
         

      

    

    
      	 	
              9.

            	
              A
                warrant to purchase no less than 25,000 shares of the Company’s common
                stock [*
                * * * *] within
                six (6) months from the commencement of the engagement, for which
                Developer delivers written design specifications and all other necessary
                design and build milestones to support the requirements of each such
                agreement. The strike price for this warrant will be the per share
                price
                equal to the closing sale price quoted on the OTC Bulletin Board
                or
                another nationally recognized trading system on the date of the execution
                of this Agreement or the date that the [*
                * * * *]
                stated above is achieved, whichever is lower. Such warrant will be
                issued
                on the date of execution of this Agreement and will be exercisable
                upon
                reaching the [*
                * * * *] specified
                herein. The warrant will remain exercisable for a period of 5 years
                from
                the date of issuance.

            

    

    

    Promptly
      upon the execution of this Agreement, but in any event within sixty (60) days
      from the date hereof, the Company shall file a registration statement for a
      public resale of all of the securities evidenced by the warrants, and shall
      use
      all commercially reasonable efforts to cause the same to be declared effective
      by the
      Securities and Exchange Commission as promptly as practicable after such filing,
      and shall keep such registration statement effective for a period of seven
      (7)
      years from the date of issuance.

    

    All
      warrants issued pursuant to this Agreement shall have a cashless exercise
      feature.

    

    The
      DEVELOPER understands and agrees that the President, in his sole discretion,
      may
      award DEVELOPER Category 2 Warrants over and above the minimums specified in
      Nos. 6-9 above.

    

    Furthermore,
      the DEVELOPER understands and agrees that there will initially be a total
      approved pool of 250,000 Category 2 Warrants available to be awarded to the
      DEVELOPER for meeting objective Nos. 6-9. If and when the initial pool of
      250,000 warrants has been issued, then DEVELOPER understands and agrees that
      the
      President will be required to seek Board approval for an additional pool of
      Category 2 Warrants, which approval may be withheld in the sole discretion
      of
      the Board.

    

    DEVELOPER
      understands and agrees that, as an independent contractor, it is solely
      responsible for all taxes and other costs and expenses attributable to the
      compensation payable to and services provided by it under this Agreement.
      DEVELOPER understands and agrees that it is obligated to pay federal, state
      and
      local income tax, if any, due on any compensation paid to it pursuant
      to this Agreement, and it represents that it has taken and will take any and
      all
      actions required to comply with all applicable federal, state and local laws
      pertaining to the same.

     

    
      *Confidential
        Treatment has been requested for the marked portion and filed separately
        with
        the Commission.

    

    

    

    
      -6-

      
        

      

    

    

    

    

    It
      is
      expressly understood that DEVELOPER is not eligible for, and will not receive,
      any employment benefits such as insurance and retirement, any other compensation
      such as bonuses or vacation, or any worker’s compensation or unemployment
      insurance benefits from COMPANY.

    

    
      	3.	
              Expenses

            

    

    

    COMPANY
      shall reimburse DEVELOPER for reasonable expenses incurred by DEVELOPER in
      the
      performance of its duties hereunder. Provided, however, that any such expense
      exceeding five-hundred ($500) dollars, must be approved by COMPANY in writing
      in
      advance. Such reimbursements will be made in a prompt and reasonable
      manner.

    

    
      	4.	
              Representations
                of DEVELOPER

            

    

    

    DEVELOPER
      represents that DEVELOPER has the requisite education, expertise, experience
      and
      skill, to render the desired SERVICES and DEVELOPER shall perform the
      SERVICES in a competent and efficient manner using commercially reasonable
      efforts to accomplish the objectives of the SERVICES. DEVELOPER shall abide
      by
      all laws, rules and regulations that apply to the performance of the SERVICES,
      including applicable requirements regarding equal employment opportunity and
      the
      provisions of Executive Order 11246 and related rules. DEVELOPER when on COMPANY
      premises shall comply with COMPANY policies with respect to conduct of
      visitors.

    

    DEVELOPER
      agrees to conduct all Services described in the Agreement in strict compliance
      with any and all applicable federal, state, and local laws, regulations and
      guidelines and any other relevant professional or other standards.

    

    
      	5.	
              Confidentiality
                and Restrictive
                Covenants

            

    

    

    a. Definitions

    

    1. “Confidential
      Information” means any and all data and information, whether disclosed orally,
      in writing, by observation, or otherwise, relating to COMPANY’S business of
      which DEVELOPER becomes aware as a consequence of, during, or through
      DEVELOPER’S affiliation with COMPANY which is not generally known to COMPANY’S
      competitors or the public and is subject to reasonable efforts to maintain
      its
      secrecy. Confidential Information covered by this Agreement does not have to
      be
      marked “Confidential” to be treated as such. Confidential Information may
      include, without limitation, information relating to COMPANY’S: sales generation
      techniques or methods; compilations; programs; methods; techniques; software;
      source code; drawings; processes; research and development; legal affairs;
      accounting; finances; actual or potential client information and lists; client
      contact names
      and
      information; client preferences; billing rates; pricing practices; business
      plans; margins; prices; operations; existing and future services; contract
      expiration dates; forecasts and forecast assumptions and volumes; and other
      financial, sales, marketing, services, and operations information, whether
      written or otherwise, which is not common knowledge in COMPANY’S industry or to
      the public. Confidential Information shall not include
      (a) any data or information that has been voluntarily disclosed to the public
      by
      COMPANY (except where such public disclosure has been made by DEVELOPER or
      another without authorization), (b) or that has been independently developed
      and
      disclosed by others, or that otherwise enters the public domain through lawful
      means, (c) is received by the DEVELOPER from a third party without breach of
      a
      non-disclosure obligation of the third party, or (d) is disclosed pursuant
      to
      law, order of a court or governmental agency of competent jurisdiction. It
      is
      expressly stated that any information
      that DEVELOPER receives or discovers during the course of the performance of
      DEVELOPER’s business (excluding DEVELOPER’s work for Company hereunder), will
      not be deemed to be Confidential Information.

    

    
      
         

      

      
        -7-

        
          

        

      

      
         

      

    

    2. “Trade
      Secrets” means: any Confidential Information described above without regard to
      form which:
      (i) is not commonly known by or available to the public; (ii) derives
      economic value, actual or potential, from not being generally known to, and
      not
      being readily ascertainable by proper means by other persons who can obtain
      economic value from its disclosure or use; and (iii) is the subject of
      efforts that are reasonable under the circumstances to maintain its
      secrecy.

    

    b. Duty
      of Non-Disclosure

    

    1. DEVELOPER
      agrees that all Confidential Information and all physical embodiments thereof
      provided to DEVELOPER by COMPANY, or any third party working with or for
      COMPANY, are confidential to COMPANY, and will remain COMPANY’S sole and
      exclusive property. DEVELOPER warrants and agrees that it has not and will
      not
      reproduce, use, distribute, disclose, publish, misappropriate or otherwise
      disseminate any Confidential Information during DEVELOPER’S association with
      COMPANY and for a period of one (1) year following the termination of its
      association with COMPANY, irrespective of the reason for such
      termination.

    

    2. DEVELOPER
      further agrees that all Trade Secrets and all physical embodiments thereof
      provided to DEVELOPER by COMPANY, or any third party working with or for
      COMPANY, are confidential to COMPANY and will remain COMPANY’S sole and
      exclusive property. DEVELOPER warrants and agrees that DEVELOPER has not and
      will not reproduce, use, distribute, disclose, publish, misappropriate or
      otherwise disseminate any Trade Secrets. DEVELOPER’S requirement and duty
      regarding Trade Secrets is not limited to the duration of its association with
      COMPANY, but extends after the termination of DEVELOPER’S association with
      COMPANY, irrespective of the reason for such termination, for so long as the
      information at issue retains its Trade Secret status.

    

    3. All
      records, files, memoranda, materials, reports, price lists, customer lists,
      drawings, designs, proposals, plans, sketches, documents, computer programs,
      software, source code, disks, computer printouts and the like (together with
      all
      copies thereof) relating to the business of COMPANY, which DEVELOPER shall
      use
      or prepare or come in contact with in the course of, or as a result of its
      association with COMPANY shall, as between the parties hereto, remain the sole
      property of COMPANY. DEVELOPER shall use such materials solely for the benefit
      of COMPANY. DEVELOPER hereby agrees that it immediately will return all such
      materials, including copies, to COMPANY upon demand, or upon the termination
      of
      its association.

    

    
      
         

      

      
        -8-

        
          

        

      

      
         

      

    

    c. Work
      Made for Hire.
      All
      inventions, systems, processes, designs, innovations and improvements (whether
      or not patentable and whether or not copyrightable), and source code written
      in
      APX (the “Client Source Code”) related to the Services provided by DEVELOPER
      (collectively, the “IP”), which are made, conceived, reduced to practice,
      created, written, designed or developed by DEVELOPER, solely or jointly with
      others in connection with the provision of the Services shall be the sole
      property of COMPANY, provided, however, the temp IP shall specifically exclude
      all inventions, systems, processes, designs, innovations and improvements
      (whether or not patentable and whether or not copyrightable), and source code
      which relate to DEVELOPER’S underlying platform (“DEVELOPER’S Platform”), which
      shall remain the sole and exclusive property of DEVELOPER. To the extent that
      any of the Services performed for COMPANY hereunder require the ongoing use
      of
      the DEVELOPER Platform, DEVELOPER hereby grants COMPANY a non-exclusive,
      non-transferable, non-sublicensable, free license to use the DEVELOPER
      Platform.

    

    d. Non-Solicitation
      of Clients.
      DEVELOPER covenants and agrees that, during its association with COMPANY under
      this Agreement, and for a period of two (2) years following the termination
      of
      this Agreement, DEVELOPER will not directly or indirectly, solicit, contact,
      call upon, communicate with or attempt to communicate with any client of COMPANY
      for the purpose of selling or providing a product substantially similar in
      nature with respect to purpose and functionality that DEVELOPER developed for
      the particular client of the COMPANY; provided, however, that the restrictions
      set forth in this paragraph shall apply only to clients with whom DEVELOPER
      had
      regular business contact on behalf of COMPANY within the year immediately
      preceding the termination of its association with COMPANY.

    

    e. Non-Solicitation
      of COMPANY Employees/Contractors.
      DEVELOPER agrees that neither it nor any of its affiliates, nor any of its
      members, will, during DEVELOPER’S association with COMPANY under this Agreement
      and for a period of one (1) year following the termination of this Agreement,
      for any reason, directly or indirectly, solicit, attempt to solicit, induce,
      or
      encourage any employee of COMPANY or any contractor who has worked for COMPANY
      in the year prior to the termination of this Agreement, to work for DEVELOPER;
      provided, however, that the foregoing shall not prohibit DEVELOPER from hiring
      any employee of COMPANY that was contacted through generally accepted employment
      recruiting procedures, not otherwise specifically directed at COMPANY’s
      employees (i.e. “Monster.com”),

    

    f. Contracts
      or Other Agreement with Former Employer or Business.
      The
      DEVELOPER hereby represents and warrants that it is not subject to any
      employment agreement or similar document with a former employer or any business
      with which the DEVELOPER has been associated, which prohibits the DEVELOPER
      during a period of time which extends through the date of execution of this
      Agreement from any of the following: (i) competing with, or in any way
      participating in a business which competes with the DEVELOPER’S former employer
      or business; and (ii) utilizing any knowledge or information which may be
      necessary to assist the COMPANY hereunder.

    

    
      
         

      

      
        -9-

        
          

        

      

      
         

      

    

    g. COMPANY’S
      Rights for Breach.
      DEVELOPER acknowledges and agrees that COMPANY would suffer great and
      irreparable harm if DEVELOPER should breach or violate any of the terms or
      provisions of the warranties, covenants and agreements set forth in this
      Paragraph 5 (and subparagraphs (a)-(g) thereof) of this Agreement. In the event
      that DEVELOPER should materially breach or violate any of such provisions,
      DEVELOPER agrees and consents that COMPANY shall be entitled to seek a temporary
      restraining order and a permanent injunction to prevent a breach or threatened
      breach of any of the warranties, covenants or agreements contained
      in this
      Agreement, as well as recovery of its costs and reasonable attorneys’ fees
      expended in enforcing this Agreement. Nothing in this Agreement, however, shall
      be construed to prohibit COMPANY from also pursuing any and all other damages
      and remedies allowed by law, DEVELOPER having agreed that all remedies shall
      be
      cumulative.

    

    h. DEVELOPER’s
      Rights for
      Breach. In the event that COMPANY fails
      to
      satisfy its obligations with respect to the registration of the shares
      represented by the warrant, as set forth in Section 2 above, the obligations
      of
      DEVELOPER set forth in Section 5 (b), (d) and (e) above shall be reduced to
      a
      period of six (6) months following the termination of this
      Agreement.

    

    
      	6.	
              Conflicts
                of Interest

            

    

    

    COMPANY
      acknowledges that DEVELOPER’S primary business purpose is software development,
      specifically in connection with mobile applications, and that in connection
      with
      such business, DEVELOPER may provide services similar in nature to the Services
      provided hereunder to other entities. Subject to the limitations set forth
      in
      Section 5, and all subparts thereof, nothing herein shall limit or restrict
      DEVELOPER’S right or ability to conduct its normal business operations, as
      currently conducted or as hereinafter may be expanded. Provided, however, that
      DEVELOPER represents that it has advised COMPANY in writing prior to the date
      of
      signing this Agreement of any relationship with any third parties, including
      competitors of COMPANY, which would present a conflict of interest with the
      SERVICES or which would prevent DEVELOPER from carrying out the terms of this
      Agreement,

    

    
      	7.	
              Independent
                Contractor

            

    

    

    DEVELOPER
      shall be an Independent Contractor, and DEVELOPER and any employees of DEVELOPER
      performing SERVICES shall not
      be
      employees of COMPANY. The means, methods and manner in which SERVICES are
      rendered by DEVELOPER shall be within DEVELOPER’s sole control and discretion.
      COMPANY shall not be responsible for DEVELOPER’s acts or the acts of its
      employees while performing the services whether on COMPANY premises or
      elsewhere, and DEVELOPER and its employees shall not have authority to speak
      for, represent, obligate, or legally bind COMPANY in any way.

    

    
      	8.	
              Retention
                of Reports

            

    

    

    Unless
      otherwise agreed in writing, DEVELOPER shall retain
      copies of any written
      reports prepared for COMPANY for a period of five (5) years, after which the
      reports may be destroyed. DEVELOPER shall notify COMPANY prior
      to
      destruction of any reports. If COMPANY requests additional copies of any such
      reports during the retention period, an additional charge will apply for the
      preparation and printing of such reports.

    

    
      
         

      

      
        -10-

        
          

        

      

      
         

      

       

    

    
      	9.	
              Term
                and Termination

            

    

    

    The
      term
      of this Agreement will be for two (2) years, commencing upon the execution
      of
      this Agreement (the “Term”), unless otherwise extended by the mutual agreement
      of the parties, upon such terms as may be mutually agreed upon, or earlier
      terminated as set forth below.

    

    In
      the
      event that either party commits a material breach of this Agreement, the
      non-breaching party shall have the right to terminate the Agreement upon thirty
      (30) days written notice (during which period the breaching party may cure
      such
      breach). In the even that DEVELOPER is the breaching party, COMPANY may
      terminate the Agreement without further financial obligation to DEVELOPER,
      other
      than (i) to pay for SERVICES actually performed by DEVELOPER as of the date
      of
      termination; (ii) to reimburse DEVELOPER for any reasonable expenses directly
      related to the performance of the SERVICES contemplated by this Agreement which
      were incurred by DEVELOPER as of the date of termination and in accordance
      with
      the provisions of this Agreement governing such expenses; and (iii) to maintain
      the registration statement with respect to any warrant that has been validly
      issued to and satisfied by DEVELOPER hereunder, in accordance with the terms
      specified herein.

    

    COMPANY
      may terminate this Agreement upon thirty (30) days prior written notice to
      DEVELOPER. Notwithstanding anything to the contrary contained herein, the
      termination of this Agreement by the COMPANY or the DEVELOPER shall not effect
      or limit any rights DEVELOPER may have with respect to any warrant issued
      hereunder, for which the underlying financial milestones related to such warrant
      were satisfied prior to the date of termination.

    

    
      	10.	
              Indemnification

            

    

    

    DEVELOPER
      shall defend, indemnify, and hold harmless COMPANY from and against all
      liabilities, claims, costs, fines, penalties and damages of any type (including
      attorneys’ fees) arising out of or in any way related to this Agreement,
      including, but not limited to, any such claims arising out of DEVELOPER’S
      alleged breach of the provisions of Paragraph 5 (and subparagraphs (a) - (g)
      thereof) or DEVELOPER’S provision of services to COMPANY under this Agreement.
      This indemnification expressly includes, but is not limited to, any fines or
      penalties imposed by the Department of Labor, the Internal Revenue Service,
      or
      any other local, state or federal governmental agency.

    

    COMPANY
      shall, to the extent legally permissible, indemnify the DEVELOPER against all
      liabilities and expenses, including amounts paid in satisfaction of judgments,
      in compromise or as fines and penalties, and counsel fees, reasonably incurred
      by him in connection with the defense or disposition of any action, suit or
      other proceeding, whether civil or criminal, in which he may be involved or
      with
      which he may be threatened, while in office or
      thereafter, by reason of his being or having been a member of the Board of
      Advisors of the Company, except with respect to any matter as to which he shall
      have been adjudicated in any proceeding not to have acted in good faith in
      the
      reasonable belief that his action was in the best interests of the
      COMPANY.

    

    
      
         

      

      
        -11-

        
          

        

      

      
         

      

       

    

    
      	11.	
              Assignment

            

    

    

    Neither
      party shall be entitled to assign this Agreement or any of its rights, duties
      or
      obligations hereunder, without the non-assigning party’s prior written consent.
      Notwithstanding the foregoing, solely in connection with a sale of all or
      substantially all of the COMPANY’s assets or equity securities, or in connection
      with a consolidation or merger of the COMPANY, the COMPANY shall have the right
      to assign this Agreement in its sole discretion, upon prior written notice
      to
      the DEVELOPER.

    

    
      	12.	
              Entire
                Agreement

            

    

    

    This
      Agreement contains the entire agreement of the parties relating to the subject
      matter hereof, and supersedes all prior agreements and understandings between
      the parties related to the subject matter hereof.

    

    
      	13.	
              No
                Alteration, Change or Amendment Without Sinned
                Writing

            

    

    

    This
      Agreement may not be altered, changed or amended except by a writing signed
      by
      each of the parties hereto.

    

    
      	14.	
              Waiver

            

    

    

    The
      waiver by either party of a breach of any provision of this Agreement by the
      breaching party shall not operate or be construed as a waiver of any subsequent
      similar or other breach by the non-breaching party.

    

    
      	15.	
              Specific
                Performance/Injunctive
                Relief

            

    

    

    In
      the
      event of the actual or threatened breach by either party of any of the terms
      or
      paragraphs of this Agreement, including, without limitation, the obligation
      of
      the COMPANY to register the shares represented by the warrants, the
      non-breaching party shall have the right to seek specific performance and
      injunctive relief. The rights granted by this paragraph are in addition to
      all
      other remedies and rights available at law or in equity.

    

    
      	16.	
              Governing
                Law

            

    

    

    This
      Agreement shall be construed according to the laws of Georgia.

    

    
      	17.	
              Jurisdiction
                and Venue

            

    

    

    Any
      proceedings or actions commenced hereunder shall be brought in Atlanta,
      Georgia.

    

    
      
         

      

      
        -12-

        
          

        

      

      
         

      

       

    

    
      	18.	
              Execution
                In Counterparts

            

    

    

    This
      Agreement may be executed in any number of counterparts, each of which, when
      executed, shall be deemed to be an original and all of which together shall
      constitute one and the same document.

    

    
      	19.	
              Acknowledgement
                of Opportunity to Review and Rules of
                Construction

            

    

    

    The
      parties acknowledge that they have had an opportunity to review each and every
      provision contained in this Agreement and to submit the same to legal
      counsel for review and comment. Based on the foregoing, the parties agree that
      any rule of construction
      that a contract be construed against the drafter will not be applied in the
      interpretation and construction of this Agreement.

    

    
      	20.	
              Severability

            

    

    

    The
      invalidity or unenforceability of any provisions of this Agreement, whether
      in
      whole or in part,
      shall
      not
      in any way affect the validity and/or enforceability of any other
      provision of this Agreement. Any invalid or unenforceable provision shall be
      deemed severable to the extent of any such
      invalidity or unenforceability.

    

    
      	
              21.

            	
              Third Party
                Beneficiaries:
                There are no third party beneficiaries of this Agreement and no party
                other than COMPANY and DEVELOPER shall have any legal rights
                hereunder.

            

    

    

    
      	
              22.

            	
              Limitation
                of Liability.
                IN NO EVENT WILL EITHER PARTY BE LIABLE TO THE OTHER PARTY
                FOR ANY
                INDIRECT, SPECIAL, INCIDENTAL, EXEMPLARY, MULTIPLE, PUNITIVE OR
                CONSEQUENTIAL DAMAGES OF ANY KIND, WHETHER BASED ON CONTRACT, TORT
                (INCLUDING NEGLIGENCE), WARRANTY, GUARANTEE, PRODUCT LIABILITY OR
                STRICT
                LIABILITY OR ANY OTHER LEGAL OR EQUITABLE GROUNDS,
                EVEN IF SUCH PARTY HAS BEEN ADVISED IN ADVANCE OF THE POSSIBILITY
                OF SUCH
                DAMAGES. IN NO EVENT WILL EITHER PARTY BE LIABLE TO THE OTHER PARTY
                FOR
                ANY REPRESENTATION OR WARRANTY MADE TO ANY THIRD PARTY BY SUCH
                PARTY.

            

    

    

    
      	
              23.

            	
              Notice.
                All notices, requests, demands and other communications required
                hereunder
                shall be in writing and shall be deemed to have been-duly given if
                delivered or if mailed, by United States certified or registered
                mail,
                prepaid to the party to
                which the same is directed at the following addresses (or at such
                other
                addresses as shall be given in writing by the parties to one
                another).

            

    

    

    
      
         

      

      
        -13-

        
          

        

      

      
         

      

    

    

    
      	If
              to the Company:	
              SmartVideo
                Technologies,
                Inc.

            

    

    3505
      Koger Boulevard, Suite 400

    Duluth,
      Georgia 30096

    Attn:
      President

    w/
      an
      additional copy to the attention of the General Counsel

    

    
      	If
              to the DEVELOPER:	
              Skyward
                Mobile, LLC

            

    

    130
      New
      Boston Street

    Woburn,
      Massachusetts 01801

    Attn:
      Jeremy DeBonet, Manager

    

    IN
      WITNESS WHEREOF, the parties hereto have caused this Agreement to be executed
      by
      their duly authorized representatives.

     

     

    
      	 	
              
                
                  SMARTVIDEOTM
                    TECHNOLOGIES, INC. (COMPANY)

                

              

              

              

              By:
                /s/
                David R. Ross

              Signature:
                David R. Ross

              Title:
                President and Interim CEO

              Date:
                July 24, 2006

              

              

              SKYWARD
                MOBILE, LLC

              (DEVELOPER)

              

              

              By:
                /s/
                Jeremy DeBonet

              Name:
                Jeremy DeBonet

              Title:
                Manager

              Date:
                July 24, 2006

            

    

     

    
      
         

      

      
        -14-

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00110-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00110-of-00352.parquet"}]]