exhibit 10. 3 ghost technology, inc www. ghost - technology. com first draft technology service agreement between ghost technology inc. with registered offices at 20801 biscayne blvd suite 403, aventura, miami, fl 33180 usa, listed on nasdaq otcbb usa under stock symbol ghst, and represented here by its president gianfranco gracchi, who declares to be in possession of the power of attorney and authorisation of the board directors to undersign this contract, hereinafter referred to as ghost inc. and ghost technology spa with registered offices at via nino bixio no. 46, piacenza 29121 ( italy ), vat number # # # - # # # - # # # #, represented here by its sole administrator esterino castellazzi, who declares on his own responsibility to have the powers necessary to undersign the present contract, hereinafter referred to as ghost spa. provided that − ghost inc. has purchased ownership and rights of use of the patent called “ defender ” for the us, canadian and mexican markets and intends to organize the functioning of the same in these countries, guaranteed by the patent in all its forms and measures ; − ghost spa has purchased and developed the functioning of the defender system, through research performed in the past 8 years and a feasibility study executed by ibm, and is the exclusive agent for the operating system for the management of all operational functions of the defender patented technology ; − the sole interest of ghost spa is to develop an operating system, implementing the technology in order to continually update the system, thus allowing ghost inc. always to obtain the best results ; − ghost spa has no other interest other than that stated in the previous paragraph. given the above, the parties represented and identified as above, agree the following : art. 1 scope and territory of the contract ghost inc. assigns exclusive management of technical operations and any other necessary requirement for the use of the defender technology for the usa to ghost spa, for the sole purposes indicated above, and to manage the defender operational functions together. ghost spa commits exclusively towards ghost inc., or other entity indicated by ghost inc., to use the operating system in order to manage the entirety of the defender functions exclusively for the usa. art. 2 documents for the purposes described as above, the parties exchange the documents indicated as annexes to the present agreement, which form an integral part of the agreement. ghost