Mutual Cooperation Agreement - MVSI Inc. and e-Net Inc.
jointly and severally as the "Stockholders").
relationship and conduct business in the future.
further liability to any party, effective as of the Effective Date.
pursuant to this Section 3.
Effective Date of any presently or previously existing fact or circumstance.
understandings among them with respect thereto.
party that is waiving the term, condition or right.
all such counterparts together shall constitute one Agreement.
Agreement as of the Effective Date first above written.
terminated as of the date of the execution of this Debenture.
prior written notice from the Holder to the Corporation.
make adjustment therefor in cash.
property thereafter deliverable upon the conversion of this Debenture.
and other securities and property receivable in respect of such Common Stock.
to Holder approval, which shall not be unreasonably withheld.
registration of the securities being offered.
registration statement filed pursuant to Section 2 hereof.
accrue on the portion of the Debenture that has been redeemed.
consent of the Corporation and Holder.
Holder a late charge of five percent (5%) of the amount of such payment.
other encumbrances in favor of Holder).
Stock to provide for the conversion of this Debenture.
convert this Debenture as herein provided.
MAKE THE LOAN EVIDENCED BY THIS DEBENTURE.
require, be deemed to include its respective successors and assigns.
shall forthwith be refunded to the Corporation.
the bringing of an action or proceeding in such respective jurisdictions.
be retained in the locations listed in Attachment A.
the locations listed in Attachment A.
1.4    Term.  This License shall be perpetual.
1.5    License and Support Fees.  The license granted herein is fully paid.
with e-Net's then current standard rates.
proprietary and confidential and constitutes valuable trade secrets of e-Net.
NEGLIGENT VIOLATION OF CLAUSES 1.1 or 1.2.
bankrupt or makes an assignment for the benefit of creditors.
return all T-2000 SOFTWARE licensed hereunder.
SOFTWARE and the use thereof hereunder by Licensee.
the venue for which shall be the Eastern District of Virginia.
request for meeting. The request shall contain a description of the problem.
is waiving the term, condition or right.
undersigned authorized representatives of the parties.
end-use in the locations listed in Attachment A.
compilation, or reverse assembly of INTELLI-SERIES SOFTWARE.
1.5    License and Support Fees. The license granted herein is fully paid.
Licensee's own most proprietary and confidential materials.
other than as set forth herein.
included in INTELLI-SERIES SOFTWARE when delivered to Licensee by E-NET.
e-Net if it determines that Licensee has material breached this Agreement.
insolvent or bankrupt or makes an assignment for the benefit of creditors.
return all INTELLI-SERIES SOFTWARE licensed hereunder.
5.0    COMPLIANCE WITH LOCAL LAWS.
INTELLI-SERIES SOFTWARE and the use thereof hereunder by Licensee.
control of the affected party.
unless agreed in advance in writing by the other party.