exhibit 10. 1 termination of agreement this agreement is entered into as of the 10th day of august 2011, by and between wgm services ltd ( " win " ), a corporation incorporated under the laws of cyprus with its offices located at 48 themistokli dervi avenue, nicosia 1066, cyprus, and b option ltd ( " b option " ) a corporation incorporated under the laws of israel with its offices located at 55 igal alon st., tel aviv, 67891 ; and paragonex ltd ( " paragonex " ) located at geneva place, waterfront drive, p. o. box 3469, road town, tortola, british virgin islands ( jointly " the parties " ) ; whereas win and paragonex entered into a services and license agreement on november 18th, 2009 for the provision of a software solutions and applications for enabling online trading of binary options through the web as described in the services and license agreement attached to this agreement as schedule a ( " win services and license agreement " ) ; and whereas b option and paragonex entered into a services and license agreement on february 24th, 2010 for the provision of software solutions and applications for enabling online trading of binary options through the web as described in the services and license agreement attached to this agreement as schedule b ( " b option services and license agreement " ) ; and whereas win, b option and paragonex have agreed to discontinue and dissolve the aforementioned services and license agreements amicably according to the terms stipulated hereinafter ; now, therefore, in consideration of the premises and the mutual promises herein made, and in consideration of the covenants herein contained, the parties agree as follows : 1. the win services and license agreement and b option services and license agreement will be terminated as of the 31st day of july, 2011 ( " termination day " ) ; 1. 1. 2. in consideration of the termination win and b option will settle all of their current debts to paragonex and set compensation in the aggregate amount of us $ 135, 000 ( " consideration amount " ). 2. 2. 3. the sum of us $ 135, 000 will be paid in 9 ( nine ) equal monthly installments by 9 ( nine ) checks of win gaming media inc, ( us $ 15, 000 each ) a copy of which is attached to this agreement as schedule c. a delay in payment that is cured within 14 ( fourteen )