SEC Contract Filing

Filing Date: 2015-02-12

Document Content:
<DOCUMENT>
<TYPE>EX-10.06
<SEQUENCE>3
<FILENAME>ex1006form8k020915.htm
<DESCRIPTION>LICENSE AGREEMENT BETWEEN LOYL.ME LLC AND CANNASYS, LLC DATED FEBRUARY 12, 2015
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<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0.9pt" align="center"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold"><font style="DISPLAY: inline; TEXT-DECORATION: underline">SERVICES AGREEMENT</font></font></div>

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<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">THIS SERVICES AGREEMENT (&#8220;Agreement&#8221;) is effective as of the 12th day of February, 2015 (&#8220;<font style="DISPLAY: inline; TEXT-DECORATION: underline">Effective Date</font>&#8221;), and is entered into by and between <font style="DISPLAY: inline; FONT-WEIGHT: bold">Loyl.Me, LLC</font>, a Colorado limited liability company (&#8220;Loyl.Me&#8221;), with principal offices located at 7687 Grizzly Ct., Littleton, CO 80125, and <font style="DISPLAY: inline; FONT-WEIGHT: bold">CannaSys, Inc.</font>, a Colorado corporation (&#8220;CannaSys&#8221;), with principal offices located at 1720 South Bellaire Street, Suite 325, Denver, CO 80222.&#160;&#160;Loyl.Me and CannaSys are also referred to singularly or collectively as a &#8220;<font style="DISPLAY: inline; TEXT-DECORATION: underline">Party</font>&#8221; or the &#8220;<font style="DISPLAY: inline; TEXT-DECORATION: underline">Parties.</font>&#8221;</font></div>

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<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0.9pt" align="center"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold"><font style="DISPLAY: inline; TEXT-DECORATION: underline">RECITALS</font></font></div>

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<div style="TEXT-INDENT: 0pt; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt"><font style="DISPLAY: inline; FONT-WEIGHT: bold">A.</font></font></div>
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<div align="justify"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">The Parties are the parties to that certain License Agreement dated February 9, 2015 (&#8220;License&#8221;).</font></div>
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<div align="justify"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">The Parties want to provide for CannaSys&#8217;s option to purchase Technology (as defined in the License) updates (&#8220;Updates&#8221;).</font></div>
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<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0.9pt" align="justify"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">Considering the foregoing and for good and valuable consideration, the receipt and sufficiency of which the Parties acknowledge, the Parties agree:</font></div>

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<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt"><font style="DISPLAY: inline; FONT-WEIGHT: bold">NOW, THEREFORE</font>, upon these premises, and for and in consideration of the mutual covenants and conditions in this Agreement and other valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the Parties hereby agree as follows:</font></div>

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<div align="justify"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt"><font style="DISPLAY: inline; FONT-WEIGHT: bold; TEXT-DECORATION: underline">Recitals Incorporated</font>.&#160;&#160;The recitals set forth above are incorporated in this Agreement as though they were fully set forth herein.</font></div>
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