UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934


 

Date of Report (Date of earliest event reported): September 20, 2016


[F20160922PRLX8K001.JPG]


PARALLAX HEALTH SCIENCES, INC.

(Exact name of Company as specified in its charter)

 

Nevada

000-52534

46-4733512

(State or other jurisdiction

(Commission File Number)

(IRS Employer

of Incorporation)

 

Identification Number)

 

1327 Ocean Avenue, Suite M

Santa Monica, CA 90401

(Address of principal executive offices)


310-899-4442

(Registrant’s Telephone Number)

 


Copy of all Communications to :

Lawrence I. Washor

Washor & Associates

21800 Oxnard Street, Suite 790

Woodland Hills, CA 91367

(310) 479-2660


Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the Company under any of the following provisions:

 

 

¨

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) 

¨

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

¨

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

¨

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))






As used in this current report and unless otherwise indicated, the terms "we", "us", "our", Company , and Parallax” mean Parallax Health Sciences, Inc., a Nevada corporation, and its subsidiaries, unless otherwise indicated.


FORWARD LOOKING STATEMENTS


This current report contains forward-looking statements as that term is defined in section 27A of the United States Securities Act of 1933, as amended, and section 21E of the United States Securities Exchange Act of 1934, as amended. These statements relate to future events or future financial performance. In some cases, forward-looking statements can be identified by terminology such as "may", "will", "should", "intends", "expects", "plans", "anticipates", "believes", "estimates", "predicts", "potential", or "continue" or the negative of these terms or other comparable terminology. These statements are only predictions and involve known and unknown risks, uncertainties and other factors, which may cause actual results, levels of activity or performance to be materially different from any future results, levels of activity or performance expressed or implied by these forward-looking statements.


Although the Company believes that the expectations reflected in the forward-looking statements are reasonable, the Company cannot guarantee future results, levels of activity or performance. Except as required by applicable law, including the securities laws of the United States, the Company does not intend to update any of the forward-looking statements to conform these statements to actual results.


Unless otherwise specified, all dollar amounts are expressed in United States dollars.


ITEM 1.01

ENTRY INTO A MATERIAL DEFINITIVE AGREEMENT


The information required by this Item 1.01 is set forth in Item 2.01 below, which is incorporated herein by reference.


ITEM 2.01

COMPLETION OF ACQUISITION OR DISPOSITION OF ASSETS


Pursuant to a consent resolution of the board of directors, the Company executed an Agreement to Purchase One Hundred Percent of the Issued and Outstanding Shares of QOLPOM, Inc. an Arizona Corporation (the “QOLPOM”) in the remote healthcare monitoring and compliance and its Assets, Inventory and Intellectual Property (the “Purchase Agreement”) between the Company, QOLPOM and its shareholders (the “Seller”). The Purchase Agreement was fully executed and the transaction  was completed with a Closing Date of September 20, 2016.


Pursuant to the Purchase Agreement, in exchange for 100% of the QOLPOM stock and 100% of QOLPOM’s Assets, Inventory and Intellectual Property, among other things, the Company delivered to the Seller on the Closing Date of September 20, 2016:


1.

A grant provided to QOLPOM’s Shareholders that provides for them to enter into a Stock Purchase Agreement with the Company to purchase five million (5,000,000) shares of the Company’s common stock at par value $.001 or approximately three hundred thousand ($300,000) dollars in value based on a six cents ($.06) share price on the Company’s listed common stock;

2.

A Cash earn-out in the amount of two million ($2,000,000) dollars that is to be derived from revenue generated from the QOLPOM business operations will be paid to QULPOM shareholders.

3.

A Royalty Agreement that will distribute three (3%) percent of the revenue generated by QOLPOM from its technology, will be paid to a third party non-profit organization located in Arizona.

4.

A Grant of two million five hundred thousand (2,500,000) common stock options of the Company to QOLPOM shareholders that vest quarterly over one (1) year and are priced at the following terms:


a.

500,000 common stock options priced at ten ($.10) cents;

b.

1,000,000 common stock options priced at fifteen ($.15) cents; and

c.

1,000,000 common stock options priced at twenty-five ($.25) cents.


The Closing was subject to the Company receiving certain documents standard with a transaction such as the one undertaken by the Company and QOLPOM and included, but was not limited to, the issuance of the five million (5,000,000) shares of common stock and the execution of a stock purchase agreement.  


About QOLPOM


QOLPOM is an acronym that stands for Quality of Life Peace of Mind . Our primary goal at QOLPOM is to deliver a service that will allow clients who operate medically related residential based services to reduce costs, increase revenues and provide a better client experience through the adoption of innovative new technologies of the Internet of Things (“IoT”) and particularly the numerous possible combinations of products represented by the QOLPOM Hub , a medication dispensing, medication compliance/adherence, management and remote monitoring system developed by various health care technology companies in the last few years .


ITEM 3.02

UNREGISTERED SALES OF EQUITY SECURITIES


In connection with the Acquisition, and pursuant to the terms and conditions of the Purchase Agreement, the Company issued 5,000,000 shares of its restricted common stock to the Seller at $0.001 per share.


The Shares are being issued in reliance upon an exemption from registration afforded by Section 4(2) of the Securities Act for transactions by an issuer not involving a public offering.


ITEM 9.01

FINANCIAL STATEMENTS AND EXHIBITS


(a)

Financial Statements of Business Acquired.

Financial statements of QOLPOM, Inc. are not included in this Current Report on Form 8-K. Such financial statements will be filed within 71 calendar days after the date on which this Current Report on Form 8-K is required to be filed.

 

(b)

Pro Forma Financial Information.

Pro forma financial information relative to the Acquisition of QOLPOM, Inc. is not included in this Current Report on Form 8-K. Such pro forma financial information will be filed within 71 calendar days after the date on which this Current Report on Form 8-K is required to be filed.


Exhibit

Number

Description

Filing Reference

(2)

Plan of Purchase, Sale, Reorganization, Arrangement, Liquidation or Succession

 

2.4

Agreement to Purchase and Sell 100% of QOLPOM, Inc, and Its Assets, Intellectual Property and Inventory dated August 31, 2016

Filed herewith

(10)

Material Contracts

 

10.33

Assignment Agreement between La Frontera Community Solutions, Inc. and QOLPOM Inc. dated August 25, 2016

Filed herewith

10.34

License Royalty Agreement between La Frontera Community Solutions, Inc. and  QOLPOM Inc. dated August 29, 2016

Filed herewith




SIGNATURE


Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Company has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.



  

PARALLAX HEALTH SCIENCES, INC.

 

 

 

Date: September 23, 2016

/s/ J. Michael Redmond

 

  

By:  J. Michael Redmond

 

Its:  President and Chief Executive Officer




1


AGREEMENT

TO PURCHASE AND SELL ONE HUNDRED PERCENT (100%)

OF THE ISSUED AND OUTSTANDING SHARES OF

QOLPOM, INC.

AND ITS ASSETS, INTELLECTUAL PROPERTY AND INVENTORY

THIS   AGREEMENT   TO   PURCHASE   AND   SELL   ONE   HUNDRED   PERCENT   (100%)   OF   THE

ISSUED   AND   OUTSTANDING   SHARES   OF   QOLPOM,   INC.   AND   ITS   ASSETS   AND

INVENTORY    ( AGREEMENT )    IS    MADE    AS    OF    AUGUST    31,    2016    (the    EFFECTIVE

DATE ) BY AND BETWEEN:

Parallax    Health    Sciences,    Inc.,    a    Nevada    corporation,    with    its    principal

address     at     1327     Ocean     Avenue     Suite     M     Santa     Monica,     CA     90401

( PARALLAX );

AND

QOLPOM,   Inc.,   an   Arizona   corporation,   with   its   principal   address   at 504   W.

29th St, Tucson, AZ 85713    ( QOLPOM or Selling Entity );

AND

David   Bradley ,   Michael   Prudence,   Daniel   J.   Ranieri   and   the   Intellectual

Property    Network,    Inc.    a    Delaware    corporation    represent    one    hundred

(100%)   percent   of   the   shareholders   of   QOLPOM,   with   an   address   at   504   W.

29th St, Tucson, AZ 85713 ( Selling Shareholders )

WHEREAS ,   Selling   Shareholders   are   the   registered   and   beneficial   owners   of   one   hundred   and

fifty    (150)    shares    of    Common    stock    representing    one    hundred    (100%)    percent    of    the    issued    and

outstanding common shares of the capital stock of QOLPOM (the QOLPOM Shares ) ; and

WHEREAS ,   PARALLAX   desires   to   buy   and   Selling   Shareholders   desires   to   sell   the   QOLPOM

Shares; and

WHEREAS ,   PARALLAX   desires   to   buy   and   Selling   Shareholders   and   QOLPOM   desire   to   sell

all   of   the   assets   used   in   connection   with   the   business   (the   Assets )   and   the   inventory   at   the   date   of

Closing ( Inventory ).

NOW   THEREFORE ,   in   consideration   of   the   premises   and   the   mutual   promises   herein

made, and in consideration of the representations, warranties and covenants herein contained,   and

other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the

Parties agree as follows.

Parllax Health Sciences, Inc QOLPOM, Inc. Purchase and Sale Agreement

Confidential

August 31, 2016




1.

DEFINITIONS

1.1

Definitions.    In  addition  to  definitions  provided  herein,  the  following  terms  have  the

meanings set forth below, unless the context indicates otherwise.

(a)

1933 Act means the Securities Act of 1933, as amended.

(b)

Agreement   means   this   Agreement,   and   all   the   exhibits,   Schedules   and   other

documents    attached    to    or    referred    to    in    this    Agreement,    and    all    amendments    and

supplements, if any, to this Agreement.

(c)

Assets  means  all  of  the  assets  used  in  connection  with  the  business  of  QOLPOM,

whether   owned   by   Selling   Shareholders   or   QOLPOM.   Specifically   included   in   the   term

Assets   shall   be   each   and   every   license   or   authority   of   any   sort   (a)   used   by   the   Sellers   or

any   employee   or   associate   of   the   Sellers   or   (b)   necessary   for   the   conduct   of   the   business

of the Sellers.

(d)

Cash   Earn-out   means   the   cash   which   is   to   be   received   based   on   terms   and   conditions

of the Earn-out provision in Section 2.7 paragraph B.

(e)

Closing   means   the   event   at   which   the   Selling   Shareholders   shall   deliver   to

PARALLAX   the   QOLPOM   Shares   and   QOLPOM   shall   deliver   to   PARALLAX   title   to

the Assets and the Inventory.

(f)

Closing  Date  means  a  date  mutually  agreed  upon  by  the  Parties  hereto  in  writing

following  the  satisfaction  or  waiver  by  PARALLAX  and  Selling  Shareholders  of  the

conditions precedent specified herein, such date to be no later than September 30, 2016.

(g)

Closing  Documents  means  the  papers,  instruments  and  documents  required  to  be

executed    and    delivered    on    or    before    the    Closing    Date    pursuant    to    this    Agreement.

Detailed in Section 7 of this Agreement.

(h)

Contract    means    each    material    contract,    agreement,    license,    permit,    arrangement,

commitment,    instrument    or    contract    to    which    PARALLAX,    QOLPOM    or    Selling

Shareholders is a party.

(i)

Copyrights means all copyrights in both published works and unpublished works.

(j)

COGS   Cost   of   Goods   Sold,   are   the   direct   costs   attributable   to   the   production

of   the   products   sold/leased   by   QOLPOM.   This   amount   includes   the   cost   of   the

materials used in creating the products, cost of the lease from the vendor (Phillips)

and  any  direct  labor  costs  used  to  produce  the  products.  It  excludes  indirect

expenses   such   as   distribution   costs   and   sales   force   costs.   COGS   will   be   deducted

from QOLPOM s gross revenue to calculate the Adjusted Gross Revenue.

(k)

Common   Stock   Purchase   Agreement ,   means   the   legal   Agreement   issued   by

PARALLAX   to   the   Selling   Shareholders   as   part   of   the   Equity   Consideration   that

memorializes   the   purchase   of   Common   Stock   by   the   Selling   Shareholders   herein

as Schedule Q .

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(l)

Disclose,      Disclosed     and      Disclosure     means     any     information     and/or

documentation requested by a Party from another Party.

(m)

Employment   Agreement   means   the   executive   employment   agreement   between

QOLPOM and Nathaniel T.  Bradley.

(n)

Employee   Stock   Option   Plan   of   PARALLAX   means   the   Parallax   Health   Sciences,

Inc  ( PARALLAX )  2016  Stock  Option  Plan  is  intended  to  encourage  ownership  of

Shares    of    PARALLAX    by    certain    employees    of    the    Company    or    of    its    Parents    or

Subsidiaries   and   certain   other   Persons,   to   provide   additional   incentive   for them   to   remain

in   the   employ   of   the   Company   or   its   Parents   or   Subsidiaries,   and   to   promote   the   growth

and   success   of   the   Company   and   such   Parents   and   Subsidiaries.   It   is   intended   that   the

Options   issued   pursuant   to   the   Plan   shall   constitute   either   incentive   stock   options   within

the   meaning   of   Section   422   of   the   Code   and   the   regulations   thereunder   or   non-incentive

stock options.

(o)

Environmental   Laws  means   any   applicable   federal,   state,   municipal   or   local   laws,

regulations,    orders,    governmental    decrees    or    ordinances    concerning    environmental,

health or safety matters.

(p)

Evaluation Date means the period prior to Aug 31, 2016.

(q)

Exchange Act   means the United States Securities Exchange Act of 1934, as amended.

(r)

Exhibits means any supplemental documentation attached hereto and titled Exhibit.

(s)

Equity   Consideration   means a   grant from   PARALLAX   to   the   Selling   Shareholders   to

purchase five million (5,000,000) Shares of PARALLAX Common Stock.

(t)

Equity   Consideration   Purchase   Price   means   the number of   Shares   of Common   stock

that   comprise   the   Equity   Consideration   multiplied   by   the   par   value   of   $.001   per   share   as

well as the Options at the agreed upon strike price below in Section 2.6.

(u)

FINRA means Financial Industry Regulatory Authority.

(v)

GAAP  means  generally  accepted  United  States  accounting  principles  applied  in  a

manner consistent with prior periods.

(w)

Hazardous   Substance   means   any   pollutant,   contaminant,   waste,   special   or   hazardous

waste,   toxic   or   hazardous   substance   which,   when   released   into   the   natural   environment   is

likely   to   cause   harm   or   risk   to   the   natural   environment   or   to   human   or   animal   health,

including   without   limitation,   any   substance   considered   hazardous   under   Environmental

Laws.

(x)

Intellectual   Property   Assets   means   interest   in   all   intellectual   property   assets

necessary for the operation of PARALLAX or Selling Entity as currently conducted.

(y)

Inventory   means   all   of   the   medical   and   office   equipment,   durable   medical   equipment,

dispensing   equipment,   and   any   associated   products   used   by   QOLPOM   or   targeted   for

eventual    delivery    by    sale    or    lease    to    customers/patients    or    already    in    a    customer

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environment,   owned   by   and/or in   the   possession   of   QOLPOM, whether   owned   by   Selling

Shareholders or QOLPOM.

(z)

IRS means Internal Revenue Service.

(aa)

Landlords   means   Worthe   Real   Estate   Group,   LLC   for   PARALLAX   and   La   Frontera

for QOLPOM.

(bb)

La   Frontera   Community   Solutions,   Inc.   is   a   non-profit   Arizona   corporation   at   504

W   29 th   Street,   Tucson,   AZ   85713   that   provides   outpatient   and   residential   mental   health

and   substance   abuse.   QOLPOM   has   partnered   with   La   Frontera   so   that   QOLPOM   can

utilize    La    Frontera s    unique    call    center    services,    which    use    clinical    professional    to

interact with the clients on the phone.

(cc)

Leases   means   each   of   the   leases,   subleases,   claims   or   other   real   property   interests   to

which    Selling    Entity    is    a    party    or    is    bound,    and    which    are    legal,    valid,    binding,

enforceable and in full force and effect in all Material respects.

(dd)

Liability   or    Liabilities   means    any   direct    or    indirect    indebtedness,    guaranty,

endorsement,   claim,   loss,   damage,   deficiency,   cost,   expense,   obligation   or   responsibility,

fixed    or    unfixed,    known    or    unknown,    asserted    choate    or    inchoate,    liquidated    or

unliquidated, secured or unsecured.

(ee)

Loss  or   Losses  mean  any  and  all  demands,  claims,  actions  or  causes  of  action,

assessments,   losses,   damages,   Liabilities,   costs,   and   expenses,   including   without

limitation,    interest,    penalties,    fines    and    reasonable    attorneys,    accountants    and    other

professional  fees  and  expenses,  but  excluding  any  indirect,  consequential  or  punitive

damages,   lost   profits   or   lost   business   opportunities   suffered   by   PARALLAX   or

QOLPOM.

(ff)

Marks     means     all     functional     business     names,     trading     names,     registered     and

unregistered trademarks, and service marks.

(gg)

Material  or   Materially  means  a  matter   that  is  so  substantial  or  important  as  to

reasonably influence the Party to whom   it is made and without which a decision would or

could not be made.

(hh)

Material    Adverse    Effect    means    any    undisclosed    action,    suit,    judgment,    claim,

demand   or   proceeding   outstanding   or   pending,   or   threatened   against   or   affecting   a   Party

or  which  involves  any  of  the  business,  or  the  properties  or  assets  of  a  Party  that,  if

adversely   resolved   or   determined,   would   have   a   Material   adverse   effect   on   the   business,

operations, assets, properties, prospects, or conditions of a Party taken as a whole.

(ii)

OTCQB   means   the   quotation   medium   used   for   over-the-counter   equity   securities   that

are not listed on a national stock exchange.

(jj)

PARALLAX   means   Parallax   Health   Sciences,   Inc.,   a   corporation   organized   under   the

laws of the State of   Nevada, with its principal address as provided on the first page of this

Agreement, including any subsidiaries.

(kk)

PARALLAX Accounting Date   means June 30, 2016.

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(ll)

PARALLAX   Common   Stock   means   as   of   August   30,   2016   the   authorized   capital

stock   and   other   equity   securities   of   PARALLAX   consisting   of   Two   Hundred   and   Fifty

Million  (250,000,000)   shares   of   Common  stock  authorized  and  One   Hundred  Million

Five     Hundred     and     Sixty-Six     Thousand     and     Seven     Hundred     and     Seventy-Four

(100,566,774)    shares  of  Common  stock  issued  and  outstanding  with  a  par  value  of

$0.001.

(mm)      PARALLAX  Documents  means  all  of   PARALLAX s  documents  contemplated  by

this Agreement.

(nn)

PARALLAX   Financial   Statements   means   true,   correct,   and   complete   copies   of   the

audited  balance  sheets  of  PARALLAX  and  related  statements  of  operations,  balance

sheet,   cash   flows,   and   changes   in   shareholder s   equity   and   footnotes   for   the   fiscal   years

ended  December  31,   2013  and  December  31,   2014,  and  the  unaudited  balance  sheet,

statement of operations, cash flows and footnotes for the quarter ended March 31, 2016.

(oo)

PARALLAX  SEC   Documents   means   a   true   and   complete   copy   of   PARALLAX s

Annual   Reports   filed   on   Form   10-K   for   the   year   ending   December   31,   2013,   and   filed   on

Form   10-K   for   the   year   ending   December   31,   2014   and   an   unaudited   draft   10K   for   the

year   ending   December   31,   2015   and   its   Quarterly   Report   filed   on   Form   10-Q   for   the

period   ending   March   31,   2016,   and   Current   Reports,   if   any,   subsequently   filed   with   the

SEC.

(pp)

PARALLAX    Stock    Options ,    means    the    common    stock    options    that    have    been

authorized   by   the   PARALLAX   Employee   Stock   Option   Plan   that   is   further   defined   in

this Agreement in Definitions (S).

(qq)

Party  or   Parties  means  PARALLAX,  QOLPOM  and  the  Selling  Shareholders,

collectively or individually, as the context requires .

(rr)

Patents   means   all   patents,   patent   applications,   and   inventions,   methods,   processes   and

discoveries that may be patentable.

(ss)

Regulatory   Compliance   means   all   State   and   Federal   Agencies   that   regulate   In-home

health Monitoring, State and Federal Pharmacy laws and regulations.

(tt)

QOLPOM   means   QOLPOM,   Inc.,   an   Arizona   Corporation   organized   under   the   laws

of   the   State   of   Arizona,   with   its   principal   address   as   provided   on   the   first   page   of   this

Agreement.

(uu)

QOLPOM Interests means the QOLPOM Shares, Assets and Inventory.

(vv)

QOLPOM Authorized Shares means 1,000,000 shares authorized.

(ww)      QOLPOM   Shares   means   one   hundred   and   fifty   (150)   issued   shares   of   common   stock

that   represent   one   hundred   (100%)   percent   of   the   issued   and   outstanding   common   shares

of QOLPOM, with a par value of $1.00, owned by the Selling Shareholders.

(xx)

Sale Shares means the five million (5,000,000) shares of PARALLAX Common Stock

that    are    being    sold    to    Selling    Shareholders,    through    a    grant,    as    part    of    the    Equity

Consideration of the Transaction, at par value $0.001.

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(yy)

Schedules  means  those  schedules  attached  to  this  Agreement  and  as  described  in

Section 1.2.

(zz)

SEC means the Securities and Exchange Commission.

(aaa)       Securities Act   means the United States Securities Act of 1933, as amended.

(bbb)      Sellers    means    the    Selling    Entity    and    the    Selling    Shareholders,    collectively,    or

individually, as the context requires.

(ccc)       Sellers   Documents   means,   all   documents   to   be   provided   by   Sellers   pursuant   to   this

Agreement.

(ddd)      Selling Entity means QOLPOM, Inc.

(eee)       Selling   Entity s   Accounting   Date   means,   for   QOLPOM,   the   unaudited   balance   sheet,

statement of operations, cash flows and footnotes from inception to July 31, 2016.

(fff)

Selling   Entity s   Documents   means   all   of   Selling   Entity s   documents   contemplated   by

this Agreement.

(ggg)      Selling Entity s   Financial Statements means unaudited financial statements, prepared

under GAAP, which are true, correct, and complete copies of its unaudited balance sheets

for the period since inception.

(hhh)      Selling   Shareholders,   means   David   Bradley,   Michael   Prudence,   Daniel   J.   Ranieri   and

the   Intellectual   Property   Network,   Inc.   that   collectively   represent   one   hundred   (100%)

percent of the issued and outstanding Shares of the common stock of QOLPOM.

(iii)

Stock   Option   Agreement ,   means   the   legal   instrument   that   represents   the   number   of

options of common stock in PARALLAX and their strike price.

(jjj)

Stock   Option   Consideration   means   the   granting   of   Options   to   purchase   the   common

stock   of   PARALLAX   that   PARALLAX   has   provided   as   part   of   its   Consideration   in   the

Sale   and   Purchase   of   one   hundred   (100%)   percent   of   the   issued   and   outstanding   stock   of

QOLPOM and the Assets and Inventory as defined in detail in Section 2

(kkk)      Taxes   includes   international,   federal,   state,   provincial   and   local   income   taxes,   capital

gains   tax,   value-added   taxes,   franchise,   personal   property   and   real   property   taxes,   levies,

assessments,   tariffs,   duties   (including   any   customs   duty),   business   license   or   other   fees,

sales,   use   and   any   other   taxes   relating   to   the   assets   of   the   designated   party   or   the   business

of   the   designated   party   for   all   periods   up   to   and   including   the   Closing   Date, together   with

any   related   charge   or   amount,   including   interest,   fines,   penalties   and   additions   to   tax,   if

any, arising out of tax assessments.

(lll)

Trade Secrets means all know-how, confidential information, customer lists, software,

technical   information,   data,   process   technology,   plans,   drawings,   and   blue   prints   owned,

used,   or   licensed   by   a   Party   for   its   business   to   obtain   advantage   over   competitors   who   do

not know or use it, and which are not generally known to the public.

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(mmm)   Transaction   means   the   purchase   by   PARALLAX   of   the   QOLPOM   Shares,   the   Assets

and the Inventory pursuant to this Agreement.

(nnn)     US Certificate means the Selling Shareholder s affidavit of non-foreign status.

1.2

Schedules.  The following Schedules are attached to and form part of this Agreement:

Schedule   A

-

Selling Shareholders and Consideration

Schedule   B

-

U.S. Certificate of Selling Shareholders

Schedule   C

-

Directors and Officers of Selling Entity

Schedule   D

-

PARALLAX Board Resolution to Approve Acquisition

Schedule   E

-

PARALLAX Treasury Order

Schedule   F

-

QOLPOM s Corporate Documents

Schedule   G

-

QOLPOM Intellectual Property

Schedule   H

-

QOLPOM Intellectual Property Assignment

Schedule   I

-

QOLPOM Board Resolution to Approve Sale

Schedule   J

-

QOLPOM Shares

Schedule   K

-

QOLPOM Regulatory Licenses

Schedule   L

List of all i(in)ventor-y and assets of QOLPOM

Schedule   M

-

Directors and Officers of PARALLAX

Schedule   N

-

PARALLAX Corporate Documents

Schedule   O

-

QOLPOM Power of Attorney to Transfer Shares

Schedule   P

-

Executive Employment Agreement

Schedule   Q

-

PARALLAX Common Stock Purchase Agreement

Schedule   R

-

PARALLAX Employee Stock Option Plan

Schedule   S

-

PARALLAX Common Stock Options

Schedule   T

-

QOLPOM-Lafrontera Royalty Agreement

Schedule   U

-

QOLPOM Agreements

Schedule   V

-

QOLPOM Officers Certificate

Schedule   W

-

PARALLAX Officers Certificate

1.3

Currency.   All   references   to   currency   referred   to   in   this   Agreement   are   in   United   States

Dollars (US $), unless expressly stated otherwise.

2.

PURCHASE AND SALE OF QOLPOM SHARES; INVENTORY, ASSETS &

INTELLECTUAL PROPERTY

2.1

Purchase   and   Sale   of   QOLPOM   Shares.     At   the   Closing   Selling   Shareholders  hereby

sells,   assigns   and   transfers   to   PARALLAX,   and   PARALLAX   hereby   purchases   from   Selling

Shareholders   the   QOLPOM   Shares,   as   long   as   PARALLAX   has   fully   complied   with   Section   2.5   and   2.6

of the Agreement.

2.2

Inventory   Purchase.      Sellers   at   the   Closing   hereby   sell,   assign   and   transfer   to

PARALLAX, and PARALLAX hereby purchases from Sellers the Inventory of QOLPOM.

2.3

Intellectual   Property.

Sellers   agree   to   sell   and   or   assign   all   Intellectual   Property   as

defined    in    Schedule    G ,    to    include    but    not    be    limited    to    Patents,    Patent    Pending    Applications,

Trademarks   and   Copyrights   and   or   draft   versions   of   any   of   the   identified   Intellectual   Property   named   in

Section 2.3 and the Assignment of the Intellectual Property defined in Schedule   H of this Agreement.

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2.4

Asset Purchase.     Sellers   agree   to   sell   and   or   assign   all   assets   of   QOLPOM,   to   include,

but not be limited to physical assets to PARALLAX, as defined in Schedule   L ,

2.5

Equity    Consideration.     As    consideration    for    the    purchase    of    the    QOLPOM    Shares,

PARALLAX   grants to   Selling   Shareholders the   right to   purchase, at par value   $.001, the   PARALLAX   Sale

Shares, which shall be 5,000,000 (Five Million) shares of PARALLAX common stock, which right shall be

exercised by Selling Shareholders by giving written notice by 5:00 p.m. on August 31, 2016 to PARALLAX

of   the   amount   of   Sale   Shares   that   the   Selling   Shareholders   wishes   to   purchase   as   of   the   Closing   and   by

delivering a check to PARALLAX at the Closing for payment of such amount of Sale Shares.

2.6

Stock   Option   Consideration.

QOLPOM   Shareholders   will   be   granted   two   million

five   hundred   thousand   (2,500,000)   options   that   will   vest   over   three   (3)   years   and   have   multiple   strike

prices set forth as:

A.

500,000 options granted for the first full year from the date of the signing of the     Sale

and Purchase Agreement that vest quarterly commencing at the end of the first       quarter

after

the

issuance of the options and the options will have a strike price of ten

($.10)  cents  attached  hereto  in

Schedule S

B.

1,000,000   options   first   full   year   from   the   date   of   the   signing   of   the   Sale   and

Purchase Agreement that vest quarterly commencing at the end of the first quarter after      the

issuance of the options and the options will have a strike price of fifteen ($.15) cents

attached   hereto

in Schedule S

C.

1,000,000   options   first   full   year   from   the   date   of   the   signing   of   the   Sale   and

Purchase Agreement that vest quarterly commencing at the end of the first quarter after      the

issuance of the options and the options will have a strike price of twenty-five ($.25)

cents     attached

hereto in Schedule S

2.7

Cash   Consideration.     As   partial   consideration   for   the   purchase   of   the   QOLPOM   Shares,

Inventory, Assets, Intellectual Property La Frontera Community Solutions, Inc. ( La Frontera ) will be paid

up to two million ($2,000,000) dollars through an Earn-Out from   the Adjusted Gross Revenue generated by

the QOLPOM business.

A.

Adjusted   Gross   Revenue.   For   the   purposes   of   this   Agreement,   Adjusted   Gross   Revenue

will be will be defined as cash available to be distributed after Cost of Goods Sold (COGS).

B.

Cash Earn-Out Schedule.

i.

La Frontera will be paid ten (10%) percent of the Adjusted Gross

Revenue up to one million ($1,000,000) dollars net monies received from the sale

of QOLPOM Hardware and Monitoring services; and

ii.

La Frontera will be paid seven (7%) percent of the Adjusted Gross

Revenue after it has received one million ($1,000,000) dollars of net monies

received from the sale of QOLPOM Hardware and monitoring services.

2.8

Royalty   Fee.     La   Frontera   will   receive   a   Royalty   Fee   equal   to   three   (3%)   percent   of   the

gross  revenue  generated  from  the  sale  of  QOLPOM  hardware  and  Service  Fees  associated  with  the

monitoring service as defined in Schedule T .

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2.9

Key    Management.

Nathan    Bradley    will    enter    into    an    Executive    Employment

Agreement   with   QOLPOM   for   a   period   of   not   less   than   four   (4)   years   from   Closing.   The   BRADLEY

employment agreement is further defined and included in the Agreement as Schedule P ..

2.10

Payment   of   Cash   Consideration.     The   cash   consideration   of   Two   Million   Dollars   paid

through the Cash Earn-Out defined in Section 2.7 of this Agreement.

2.11

Issuance  of  Equity  Consideration.    The  PARALLAX  Sale  Shares  shall  be  issued  to

Selling Shareholders effective on or before September 30, 2016.

2.12

Selling   Shareholders   Share   Delivery   Procedure.   The   Selling   Shareholders   shall   deliver

the    certificate    representing    the    QOLPOM    Shares    at    the    Closing    by    delivering    such    certificate    to

PARALLAX  duly  executed  and  endorsed  in  blank  (or  accompanied  by  duly  executed  stock  powers

endorsed in blank), in each case in proper form for transfer, with signatures guaranteed, and, if applicable,

with   all   stock   transfer   and   any   other   required   documentary   stamps   affixed   thereto,   and   with   appropriate

instructions to allow the transfer agent to transfer the QOLPOM Shares to the name of PARALLAX.

2.13

PARALLAX s   Share   Delivery   Procedure.      PARALLAX    shall   deliver   to   Selling

Shareholders  on  or  before  September  30,  2016  and  after  the  Closing  the  certificate  representing  the

PARALLAX   Sale   Shares   by   delivering   such   certificate   to   Selling   Shareholders   or   Selling   Shareholders

attorney,   duly   executed   and   endorsed   in   blank   (or   accompanied   by   duly   executed   stock   powers   endorsed

in   blank),   in   each   case   in   proper   form   for   transfer,   with   signatures   guaranteed,   and,   if   applicable,   with   all

stock    transfer    and    any    other    required    documentary    stamps    affixed    thereto,    and    with    appropriate

instructions   to   allow   the   transfer   agent   to   transfer   the   PARALLAX   Sale   Shares   to   the   name   of   Selling

Shareholders.

2.14

Closing   Date.   A   date   mutually   agreed   upon   by   the   Parties   hereto   in   writing   following   the

satisfaction   or   waiver   by   PARALLAX   and   Selling   Shareholders   of   the   conditions   precedent   specified

herein, such date to be in any event no later than September 30, 2016.

2.15

Restricted   Shares.    Selling   Shareholders   acknowledges   that   the   PARALLAX   Sale   Shares

will   have   such   hold   periods   as   are   required   under   applicable   securities   laws   and   as   a   result   may   not   be

sold,   transferred   or   otherwise   disposed   of,   except   pursuant   to   an   effective   registration   statement   under   the

Securities  Act,  or  pursuant  to  an  exemption  from,  or  in  a  transaction  not  subject  to  the  registration

requirements of the Securities Act, and in each case only in accordance with all applicable securities laws.

2.16

Exemptions.   Selling   Shareholders   acknowledges   that   PARALLAX   has   advised   Selling

Shareholders   that   PARALLAX   is   relying   upon   the   representations   and   warranties   of   Selling   Shareholders

set    out    in    the    US    Certificate    to    issue    the    PARALLAX    Sale    Shares    under    an    exemption    from    the

prospectus and registration requirements of the 1933 Act and, as a consequence, certain protections, rights

and   remedies   provided   by   the   1933   Act,   including   statutory   rights   of   rescission   or   damages,   will   not   be

available to Selling Shareholders.

2.17

QOLPOM   Bank   Accounts.    The   parties   agree   that   the   funds   in   any   current   bank   accounts

of   Selling   Entity   will   remain   in   place   as   corporate   bank   accounts   and   acknowledge   that   PARALLAX

Chief Financial Officer, Calli Bucci will become a signatory to the corporate bank accounts of QOLPOM.

2.18

Non-Compete.   As   part   of   the   consideration,   Selling   Shareholders   agrees   that   as   of   the

Closing   Date   and   through   September   30,   2020   Bradley   will   work   exclusively   for   PARALLAX   pursuant

to   that   document   titled   Employment   Agreement   made   between   PARALLAX   and   BRADLEY   effective   as

of   September   30,   2016   and   will   not   provide   services   for   any   other   entity   that   provides   remote   healthcare

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monitoring  or  related  services,  without  written  approval  from  the  President  of  PARALLAX.  Selling

Shareholders   acknowledges that because of Selling Shareholders   position, Selling Shareholders   will have

access   to   material   intellectual   property   and   Confidential   Information.   Selling   Shareholders   shall   not,   for

Selling   Shareholders   or   any   third   party,   directly   or   indirectly   through   September   30,   2020   (a)   divert   or

attempt to divert from   PARALLAX any business of any kind, including without limitation the solicitation

of   or   interference   with   any   of   its   customers,   clients,   members,   business   partners   or   suppliers,   or   (b) solicit

or   otherwise   induce   any   person   employed   by   the   PARALLAX   to   terminate   his   or   her   employment   with

PARALLAX.

2.19

Product   Sourcing   Agreements.    The   parties   agree   that   the   acquisition   of   certain   products

on   satisfactory   terms   is   integral   to   the   current   business   of   QOLPOM   and   will   be   integral   to   the   future

development   and   expansion   of   the   business   of   QOLPOM.   The   parties   shall   agree   on   the   identity   of   and

providers of such products and the   Sellers will cause QOLPOM to enter into product sourcing agreements

with  such  providers  on  terms  specified  by  and  satisfactory  to  PARALLAX.  Such  product  sourcing

agreements are Material contracts of QOLPOM

3.

REPRESENTATIONS AND WARRANTIES OF SELLERS

As    of    the    Closing,    Sellers    make    the    following    representations    and    warranties    to

PARALLAX,   and   acknowledge   that   PARALLAX   is   relying   upon   such   representations   and   warranties   in

connection    with    the    execution,    delivery    and    performance    of    this    Agreement,    notwithstanding    any

investigation made by or on behalf of PARALLAX.

3.1

Organization  and  Good  Standing.      Selling    Entity  is  a  corporation  or  company    duly

organized,   validly  existing  and  in  good  standing  under   the   laws   of   the   State   of  Arizona   and  has   the

requisite corporate power and authority to own, lease and to carry on its business as now being conducted.

Complete  and  correct  copies  of  Selling  Entity s  articles  of  incorporation  or  articles  of  organization,

including    amendments,    and    bylaws    or    operating    agreement,    have    been    disclosed    pursuant    to    this

Agreement and are listed on Schedule F .

3.2

Authority.    Sellers   have   all requisite   corporate   power   and   authority   to   execute   and   deliver

this Agreement and Sellers Documents to be signed by Sellers and to perform their obligations hereunder

and   to   consummate   the   transactions   contemplated   hereby.    Selling   Entity s   respective   board   of   directors

has    duly    authorized    the    execution    and    delivery    of    each    of    Sellers    Documents    by    Sellers    and    the

consummation   of   the   transactions   contemplated   hereby.   No   other   corporate   or   shareholder   proceedings

on  the  part  of  Sellers  are  necessary  to  authorize  such  documents  or  to  consummate  the  transactions

contemplated   hereby.   This   Agreement   has   been,   and   the   other   Sellers   Documents   when   executed   and

delivered   by   Sellers   as   contemplated   by   this   Agreement   will   be,   duly   executed   and   delivered   by   Sellers.

This    Agreement    is,    and    the    other    Sellers    Documents    when    executed    and    delivered    by    Sellers    as

contemplated hereby will be, valid and binding obligations of Sellers enforceable in accordance with their

respective terms except as limited by:

(a)

applicable   bankruptcy,   insolvency,   reorganization,   moratorium,   and   other   laws   of   general

application affecting enforcement of creditors rights generally;

(b)

laws    relating    to    the    availability    of    specific    performance,    injunctive    relief,    or    other

equitable remedies; and

(c)

public policy.

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3.3

Capitalization.    The   QOLPOM   Shares   are   set   forth   on   Schedule   J   and   each   have   a   par

value   $1.00   per   share   and   have   been   duly   authorized,   are   validly   issued,   were   not   issued   in   violation   of

any   pre-emptive   rights   and   are   fully   paid   and   non-assessable,   are   not   subject   to   pre-emptive   rights   and

were   issued   in   full   compliance   with   the   laws   of   the   State   of   Arizona   and   each   of   the   Selling   Entity s

articles   of   incorporation, articles   of   organization, bylaws   and/or   operating   agreement   as   applicable.    There

are    no    outstanding    options,    warrants,    subscriptions,    conversion    rights,    or    other    rights,    agreements,    or

commitments   obligating   Selling   Entity   to   issue   any   additional   common   shares   or   units   of   Selling   Entity s

shares or units, or any other securities convertible into, exchangeable for, or evidencing the right to subscribe

for   or   acquire   from   Selling   Entity   any   shares   or   units.   There   are   no   agreements   purporting   to   restrict   the

transfer   of   the   QOLPOM   Shares,   no   voting   agreements,   shareholders   agreements,   voting   trusts,   or   other

arrangements restricting or affecting the voting of the QOLPOM Shares.

3.4

Shareholder   of   the   Selling   Entity.    As   of   the   Closing   Date, the   Selling   Shareholders   owns

all QOLPOM Shares.

3.5

Directors   and   Officers   of   Selling   Entity.     The   duly   elected   or   appointed   directors   and

officers of Selling Entity are as set out in Schedule C .

3.6

Corporate   Records   of   Selling   Entity.    The   corporate   records   of   Selling   Entity,   as   required

to   be   maintained   by   it   pursuant   to   all   applicable   laws,   are   accurate,   complete   and   current   in   all   Material

respects,   and   the   minute   books   of   Selling   Entity   are,   in   all   Material   respects,   correct   and   contain   all

records   required   by   all   applicable   laws,   as   applicable,   in   regards   to   all   proceedings,   consents,   actions   and

meetings of the shareholders, unit holders and board of directors of Selling Entity.

3.7

Non-Contravention.    The   Parties   acknowledge   and   agree   that   Sellers   are   parties to   certain

Disclosed  Contracts  provided  pursuant  to  this  Agreement,  which  may  contain  various  provisions  or

conditions  that   may  affect   the  Transaction  contemplated  hereunder.     The  Parties  agree  that   they  will

discuss   these   issues   and   that   at   or   prior   to   Closing,   these   issues   will   be   addressed   and   resolved   to   the

reasonable   satisfaction   of   the   Parties,   and   any   other   parties   to   the   Contracts,   such   that   the   Transaction   can

be   completed.   Upon   such   satisfaction   by   and   among   the   Parties   and   the   other   parties   to   the   Contracts,

Sellers   represent   that   to   the   best   knowledge   of   Sellers,   neither   the   execution,   delivery   or   performance   of

this Agreement, nor the consummation of the Transaction, will:

(a)

conflict   with,   result   in   a   violation   of,   cause   a   default   under   (with   or   without   notice,   lapse

of  time  or  both)  or  give  rise  to,  a  right  of  termination,  amendment,  cancellation  or

acceleration   of   any   obligation   contained   in   or   the   loss   of   any   Material   benefit   under,   or

result in the creation of any lien, security interest, charge or encumbrance upon any of the

Material   properties   or   assets   of   Selling   Entity   under   any   term,   condition   or   provision   of

any  loan  or  credit  agreement,  note,  Note,  bond,  mortgage,  indenture,  lease  or  other

agreement,   instrument,   permit,   license,   judgment,   order,   decree,   statute,   law,   ordinance,

rule   or   regulation   applicable   to   Selling   Entity,   or   any   of   its   respective   Material   property

or assets;

(b)

violate   any   provision   of   the   articles   of   incorporation,   articles   of   organization,   bylaws,

operating  agreement  or  any  other  organizational  documents  of  Selling  Entity  or  any

applicable laws; or

(c)

violate  any  order,  writ,  injunction,  decree,  statute,  rule,  or  regulation  of  any  court  or

governmental   or   regulatory   authority   applicable   to   Selling   Entity   or   any   of   its   respective

Material property or assets.

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3.8

Actions   and   Proceedings.     To   the   best   knowledge   of   Sellers,   there   is   no   basis   for   and

there   is   no   undisclosed   action,   suit,   judgment,   claim,   demand   or   proceeding   outstanding   or   pending,   or

threatened   against   or   affecting   Selling   Entity   or   which   involves   any   of   the   business,   or   the   properties   or

Assets   of   Selling   Entity   that,   if   adversely   resolved   or   determined,   would   have   a   Material   Adverse   Effect

on the business, operations, Assets, properties, prospects, or conditions of Selling Entity taken as a whole.

There   is   no   reasonable   basis   for   any   claim   or   action   that   based   upon   the   likelihood   of   its   being   asserted

and its success if asserted, would have such a Material Adverse Effect on Sellers.

3.9

Environmental.     To   the   best   knowledge   of   Sellers,   Selling   Entity   has   not   violated   any

Environmental   Laws   and   for   greater   certainty,   without   limitation,   to   the   best   knowledge   of   Sellers,   other

than as contained in Disclosures provided pursuant to this Agreement:

(a)

Selling   Entity   has,   at   all   times   in   relation   to   its   business,   received,   handled,   used,   stored,

treated,    shipped    and    disposed    at    all    times    of    all    Hazardous    Substances    in    strict

compliance with all Environmental Laws;

(b)

There have been   no   spills, releases, deposits or discharges of Hazardous Substances on   or

near the land or premises subject to the Leases;

(c)

Except  as  contained  in  Disclosures  provided  pursuant  to  this  Agreement,  there  are  no

underground storage vessels located on land subject to Selling Entity s Leases;

(d)

No   orders,   directions   or   notices   have   been   issued   under   any   Environmental   Laws   relating

to Selling Entity.

3.10

Compliance.

(a)

To the best knowledge of Sellers, Selling   Entity is in   compliance with, is   not in default or

violation   in   any   Material   respect   under,   and   has   not   been   charged   with   or   received   any

notice   at   any   time   of   any   Material   violation   of   any   statute,   law,   ordinance,   regulation,

rule, decree or other regulation applicable to the business or operations of Selling Entity;

(b)

To   the   best   knowledge   of   Sellers,   Selling   Entity   is   not   subject   to   any   judgment,   order   or

decree   entered   in   any   lawsuit   or   proceeding   applicable   to   its   business   and   operations   that

would constitute a Material Adverse Effect;

(c)

Selling  Entity  has  duly  filed  all  reports  and  returns  required  to  be  filed  by  it    with

governmental     authorities     and     has     obtained     all     governmental     permits     and     other

governmental   consents,   except   as   may   be   required   after   the   execution   of   this   Agreement.

All   of   such   permits   and   consents   are   in   full   force   and   effect,   and   no   proceedings   for   the

suspension   or cancellation   of any   of them, and   no   investigation   relating   to   any   of them, is

pending  or  to  the  best  knowledge  of  Sellers,  threatened,  and  none  of  them  will  be

adversely affected by the consummation of the Transaction; and

(d)

To the best knowledge of Sellers, Selling Entity has operated in Material compliance with

all   laws,   rules,   statutes,   ordinances,   orders   and   regulations   applicable   to   Selling   Entity s

business.   Sellers   have   not   received   any   notice   of   any   violation   thereof,   nor   are   Sellers

aware of any valid basis therefore.

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3.11

Financial    Representations.       Selling    Entity    has    provided    Selling    Entity s    Financial

Statements   which   are   true,   correct,   and   complete   copies   for   the   three   (3)   months   ending   July   31,   2016   for

the Selling Entity s   Accounting Date which are:

(a)

in accordance with the books and records of Selling Entity;

(b)

present   fairly   the   financial   condition   of   Selling   Entity   as   of   the   respective   dates   indicated

and the results of operations for such periods; and

(c)

have been prepared in accordance with GAAP.

Selling   Entity   has   not   received   any   advice   or   notification   from   its   independent   certified   public

accountants   that   Selling   Entity   has   used   any   improper   accounting   practice   that   would   have   the   effect   of

not  reflecting  or  incorrectly  reflecting  in  the  Selling  Entity s  Financial  Statements  or  the  books  and

records   of   Selling   Entity,   any   properties,   assets,   Liabilities,   revenues,   or   expenses.   The   books,   records,

and   accounts   of   Selling   Entity   accurately   and   fairly   reflect,   in   reasonable   detail,   the   assets   and   Liabilities

of   Selling   Entity.     Selling   Entity   has   not   engaged   in   any   transaction,   maintained   any   bank   account,   or

used   any   funds   of   Selling   Entity,   except   for   transactions,   bank   accounts,   and   funds,   which   have   been   and

are reflected in the normally maintained books and records of Selling Entity.

3.12

Absence  of  Undisclosed  Liabilities.     Except   as   contained   in   Selling  Entity s  Financial

Statements,    Schedules    and    Disclosures    provided    pursuant    to    this    Agreement,    Selling    Entity    has    no

Material   Liabilities   or   obligations   either   direct   or   indirect,   matured   or   unmatured,   absolute,   contingent   or

otherwise, which:

(a)

are   not   set   forth   in   Selling   Entity s   Financial   Statements   or   have   not   heretofore   been   paid

or discharged;

(b)

did   not   arise   in   the   regular   and   ordinary   course   of   business   under   any   written   agreement,

contract, commitment, lease or plan; or

(c)

have   not   been   incurred   in   amounts   and   pursuant   to   practices   consistent   with   past   business

practice,   in   or   as   a   result   of   the   regular   and   ordinary   course   of   its   business   since   the   date

of the last Selling Entity s Financial Statements.

3.13

Tax Matters.

(a)

Other  than  as  has  been  Disclosed  pursuant  to  this  Agreement,  Selling  Entity  is  not

presently   under,   and   has   not   received   notice   of,   any   contemplated   investigation   or   audit

by   the   IRS   or   any   foreign   or   state   taxing   authority   concerning   any   fiscal   year   or   period

ended prior to the date hereof;

(b)

All   Taxes   required   to   be   withheld   on   or   prior   to   the   date   hereof   from   employees   for

income   taxes,   social   security   taxes,   unemployment   taxes   and   other   similar   withholding

taxes   have   been   properly   withheld   and,   if   required   on   or   prior   to   the   date   hereof,   have

been deposited with the appropriate governmental agency; and

To  the  best  knowledge  of  Sellers,  other  than  as  has  been  Disclosed  pursuant  to  this

Agreement,   the   Selling   Entity s   Financial   Statements   contain   full   provision   for   all   Taxes

including   any   deferred   taxes   that   may   be   assessed   to   Selling   Entity   for   the   accounting

period ended on the Selling Entity s   Accounting Date or for any prior period in respect of

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any   transaction,   event   or   omission   occurring,   or   any   profit   earned,   on   or   prior   to   the

Selling   Entity s   Accounting   Date   or   for   any   profit   earned   by   Selling   Entity   on   or   prior   to

the   Selling   Entity s   Accounting   Date   or   for   which   Selling   Entity   are   accountable   up   to

such   date,   and   all   contingent   Liabilities   for   Taxes   have   been   provided   for   or   Disclosed

pursuant to this Agreement in the Selling Entity s Financial Statements.

3.14

Filings,   Consents   and   Approvals.     No   filing   or   registration   with,   no   notice   to   and   no

permit,   authorization,   consent,   or   approval   of,   any   public   or   governmental   body   or   authority   or   other

person   or   entity   is   necessary   for   the   consummation   by   Sellers   of   the   Transaction   contemplated   by   this

Agreement   or   to   enable   PARALLAX   to   continue   to   conduct   Selling   Entity s   business   after   the   Closing

Date in a manner which is consistent with that in which the business is presently conducted.

3.15

Personal   Property.     Selling   Entity   possesses,   and   has   good   and   marketable   title   of   all

property   necessary   for   the   continued   operation   of   the   business   of   Selling   Entity   as   presently   conducted

and   as   represented   to   PARALLAX.    All   such   property   is   used   in   the   business   of   Selling   Entity.    All   such

property   is   in   reasonably   good   operating   condition   (normal   wear   and   tear   excepted),   and   is   reasonably   fit

for   the   purposes   for   which   such   property   is   presently   used.   Other   than   as   contained   in   the   Disclosures

provided    pursuant    to    this    Agreement,    all    equipment,    furniture,    fixtures    and    other    tangible    personal

property   and   assets   owned   or   leased   by   Selling   Entity   is   owned   by   Selling   Entity   free   and   clear   of   all

liens, security interests, charges, encumbrances, and other adverse claims.

3.16

Intellectual Property.  To the best of knowledge of Sellers:

(a)

Intellectual   Property   Assets.    As   set   out   in   Schedule   G ,   Selling   Entity   owns   or   holds   an

interest   in   all   Intellectual   Property   Assets   necessary   for   the   operation   of   the   business   of

Selling   Entity   as   it   is   currently   conducted,   including   all   Marks,   Patents,   Copyrights   and

Trade Secrets.

(b)

Agreements.       Schedule    U    contains    a    complete    and    accurate    list    and    summary

description,   including   any   royalties   paid   or   received   by   Selling   Entity,   of   all   Contracts

and   agreements   relating   to   the   Intellectual   Property   Assets   to   which   Selling   Entity   is   a

party   or   by   which   Selling   Entity   is   bound,   except   for   any   license   implied   by   the   sale   of   a

product and perpetual, paid-up licenses for commonly available software programs with a

value of less than $500 under which Selling Entity is the licensee.  To the best knowledge

of   Sellers,   there   are   no   outstanding   or   threatened   disputes   or   disagreements   with   respect

to    any    such    license    agreement    other    than    as    contained    in    the    Disclosures    provided

pursuant to this Agreement.

(c)

Intellectual   Property   and   Know-How   Necessary   for   the   Business.    Except   as   set   forth   in

Schedule U and as Disclosed pursuant to this Agreement, Selling   Entity is the   owner of

all right, title, and interest in and to each of the Intellectual Property Assets, free and clear

of   all   liens,   security   interests,   charges,   encumbrances,   and   other   adverse   claims,   and   has

the   right   to   use,   without   payment   to   a   third   party,   all   of   the   Intellectual   Property   Assets.

Other  than  as  has  been  disclosed  pursuant  to  this  Agreement,  no  employee,  director,

officer   or   shareholder   of   Selling   Entity   owns,   directly   or   indirectly,   in   whole   or   in   part,

any  Intellectual  Property  Asset,  which  Selling  Entity  is  presently  using  or  which  is

necessary   for   the   conduct   of   its   business.    To   the   best   knowledge   of   Sellers,   no   employee

or   contractor   of   Selling   Entity   has   entered   into   any   contract   or   agreement   that   restricts   or

limits   in   any   way   the   scope   or   type   of   work   in   which   the   employee   may   be   engaged   or

requires   the   employee   to   transfer,   assign,   or   disclose   information   concerning   his   work   to

anyone other than Selling Entity.

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(d)

Patents.   Sellers   do   not   hold   any   right,   title   or   interest   in   and   to   any   Patent   not   already

disclosed to PARALLAX, and Sellers have not filed any patent application with any third

party   not   already   disclosed   to   PARALLAX.   To   the   best   knowledge   of   Sellers,   none   of

the   products   manufactured   and   sold,   nor   any   process   or   know-how   used   by   Selling   Entity

infringes   or   is   alleged   to   infringe   any   patent   or   other   patent   proprietary   right   of   any   other

person  or  entity  other  than  as  contained  in  the  Disclosures  provided  pursuant  to  this

Agreement.

(e)

Trademarks.    Selling  Entity  holds  title  and  interest  in  a  Mark  and  Selling  Entity  has

registered   and   filed   an   application   to   register   the   Mark   with   the   United   States   Patent   and

Trademark   Office.    To   the   best   knowledge   of   Sellers,   none   of   the   Marks,   if   any,   used   by

Selling   Entity   infringes   or   is   alleged   to   infringe   any   trade   name,   trademark,   or   service

mark   of   any   third   party   other   than   as   contained   in   the   Disclosures   provided   pursuant   to

this Agreement.

(f)

Copyrights.    Sellers   do   not   hold   any   right,   title   or   interest   in   and   to   any   Copyright,   which

has   been   filed   with   the   United   States   Copyright   Office   that   has   not   been   disclosed   to

PARALLAX, and Sellers have not filed any copyright application with any third party.

(g)

Trade   Secrets.   Each   Seller   has   taken   all   reasonable   precautions   to   protect   the   secrecy,

confidentiality,  and  value  of  its  Trade  Secrets.    Selling  Entity  has  good  title  and  an

absolute   right   to   use   the   Trade   Secrets.     The   Trade   Secrets   are   not   part   of   the   public

knowledge  or  literature,  and  to  the  best  knowledge  of  Sellers,  have  not  been  used,

divulged,   or   appropriated   either   for   the   benefit   of   any   person   or   entity   or   to   the   detriment

of Selling   Entity.    No   Trade   Secret is   subject to   any   adverse   claim   or has   been   challenged

or threatened in any way.

(h)

Licensed   Intellectual   Property.   Sellers   are   the   licensees   of   various   patents,   trademarks

and copyrights, all of which are set forth in Schedule G .

3.17

Employees   and   Consultants.    All   employees   and   consultants   of   Selling   Entity   have   been

paid   all   salaries,   wages,   income   and   any   other   sum   due   and   owing   to   them   by   Selling   Entity   at   the   end   of

the   most   recent   completed   pay   period.   Sellers   are   not   aware   of   any   Labor   conflict   with   any   employees

that   might   reasonably   be   expected   to   have   a   Material   Adverse   Effect   on   Selling   Entity.     To   the   best

knowledge  of   Sellers,   no  employee  of   Selling  Entity   is  in  violation  of  any  term  of  any  employment

contract,    non-disclosure    agreement,    non-competition    agreement    or    any    other    contract    or    agreement

relating   to   the   relationship   of   such   employee   with   Selling  Entity   or   any   other   nature   of   the   business

conducted or to be conducted by Selling Entity.

3.18

Real   Property.    Selling   Entity   does   not   own   any   real   property   of   material   value.    Each   of

the   Leases   to   which   Selling   Entity   is   a   party   or   is   bound,   is   legal,   valid,   binding,   enforceable   and   in   full

force   and   effect   in   all   material   respects.   All   rental   and   other   payments   required   to   be   paid   by   Selling

Entity   pursuant   to   any   such   Leases   have   been   duly   paid   and   no   event   has   occurred   which,   upon   the

passing   of   time,   the   giving   of   notice,   or   both,   would   constitute   a   breach   or   default   by   any   Party   under   any

of   the   Leases.     The   Leases   will   continue   to   be   legal,   valid,   binding,   enforceable   and   in   full   force   and

effect  on  identical  terms  following  the  Closing  Date  unless  otherwise  renegotiated  by  PARALLAX.

Selling   Entity   has   not   assigned,   transferred,   conveyed,   mortgaged,   deeded   in   trust,   or   encumbered   any

interest in the Leases or the leasehold property pursuant thereto.

3.19

Material   Contracts   and   Transactions.   Schedule   U   attached   hereto   lists   each   Material

Contract   to   which   Selling   Entity   is   a   party.    Each   Contract   is   in   full   force   and   effect,   and   there   exists   no

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Material   breach   or   violation   of   or   default   by   Selling   Entity   under   any   Contract,   or   any   event   that   with

notice   or   the   lapse   of   time,   or   both,   will   create   a   Material   breach   or   violation   thereof   or   default   under   any

Contract  by  Selling  Entity.      Other  than  as  Disclosed  pursuant  to  this  Agreement,  the  continuation,

validity,  and  effectiveness  of  each  Contract  will  in  no  way  be  affected  by  the  consummation  of  the

Transaction   and   there   exists   no   actual   or   threatened   termination,   cancellation,   or   limitation   of,   or   any

amendment, modification, or change to any Contract.

3.20

Certain   Transactions.    Selling   Entity   is   not   a   guarantor   or   indemnitor   of   any   indebtedness

of any third party, including any person, firm or corporation.

3.21

No Brokers.    Selling   Entity has not incurred any independent obligation or liability to any

party for any brokerage fees, agent s commissions, or finder s fees in connection with the Transaction.

3.22

Completeness of Disclosure.    No representation or warranty by Sellers in this Agreement,

nor   any   certificate,   Schedule,   statement,   document   or   instrument   furnished   or   to   be   furnished   to   Sellers

pursuant   hereto,   contains   or   will,   to   the   best   of   Seller s   knowledge,   contain   any   untrue   or   misleading

statement of a Material fact or omit or will omit to state a Material fact required to be stated herein.

3.23

Absence   of   Certain   Changes   or   Events.    Other   than   as   set   forth   in   this   Agreement   or   the

Schedules,   or   as   contained   in   the   Disclosures   provided   pursuant   to   this   Agreement,   since   the   Selling

Entity s   Accounting   Date,   there   has   been   no   Material   change   in   the   business   and   assets   of   Selling   Entity

and   to   the   best   knowledge   of   Selling   Entity s   management,   Selling   Entity   has   not   become   subject   to   any

law  or  regulation  which  Materially  and  adversely  affects,  or  in  the  future  may  adversely  affect  the

business, operations, properties, assets, or condition of Selling Entity.

3.24

PARALLAX     Requests.

Sellers     represent     that     they     have     responded     to     all     of

PARALLAX s  requests  for  information  and  Disclosures  to  the  best  of  their  knowledge  and  agree  to

supplement their responses and Disclosures if additional information is received.

4.

REPRESENTATIONS AND WARRANTIES OF PARALLAX

As   of   the   Closing,   PARALLAX   represents   and   warrants   to   Sellers,   and   acknowledges   that   Sellers   are

relying    upon    such    representations    and    warranties    in    connection    with    the    execution,    delivery    and

performance   of   this   Agreement,   notwithstanding   any   investigation   made   by   or   on   behalf   of   Sellers,   as

follows:

4.1

Organization   and   Good   Standing.    PARALLAX   is   duly   incorporated,   organized,   validly

existing   and   in   good   standing   under   the   laws   of   the   State   of   Nevada   and   has   all   requisite   corporate   power

and  authority  to  own,  lease  and  to  carry  on  its  business  as  now  being  conducted.    PARALLAX  is

qualified   to   do   business   and   is   in   good   standing   as   a   foreign   corporation   in   each   of   the   jurisdictions   in

which it does business, or is otherwise required to do so, where the failure to be so qualified would have a

Material Adverse Effect on the businesses, operations, or financial condition of PARALLAX.

4.2

Authority.   PARALLAX   has   all   requisite   corporate   power   and   authority   to   execute   and

deliver   this   Agreement   and   the   PARALLAX   Documents   to   be   signed   by   PARALLAX   and   to   perform   its

obligations  hereunder  and  to  consummate  the  transactions  contemplated  hereby.    The  execution  and

delivery   of   each   of   the   PARALLAX   Documents   by PARALLAX   and   the   consummation   by   PARALLAX

of   the   transactions   contemplated   hereby   have   been   duly   authorized   by   its   board   of   directors   and   no   other

corporate    or    shareholder    proceedings    on    the    part    of    PARALLAX    is    necessary    to    authorize    such

documents   or   to   consummate   the   transactions   contemplated   hereby.   This   Agreement   has   been,   and   the

other   PARALLAX   Documents   when   executed   and   delivered   by   PARALLAX   as   contemplated   by   this

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Agreement   will   be,   duly   executed   and   delivered   by   PARALLAX   and   this   Agreement   is,   and   the   other

PARALLAX   Documents   when   executed   and   delivered   by   PARALLAX,   as   contemplated   hereby   will   be,

valid  and  binding  obligations  of  PARALLAX  enforceable  in  accordance  with  their  respective  terms,

except as limited by:

(a)

applicable   bankruptcy,   insolvency,   reorganization,   moratorium,   and   other   laws   of   general

application affecting enforcement of creditors rights generally;

(b)

laws    relating    to    the    availability    of    specific    performance,    injunctive    relief,    or    other

equitable remedies; and

(c)

public policy.

4.3

Capitalization   of   PARALLAX.    The   authorized   capital   stock   and   other   equity   securities

of   PARALLAX   consists   of   Two   Hundred   and   Fifty   Million   (250,000,000)   shares   of   the   PARALLAX

Common   Stock   and   Ten   Million   (10,000,000)   shares   of   preferred   stock.     As   of   August   3,   2016,   there

were,   One   Hundred   Million   Five   Hundred   and   Sixty-Six   Thousand   and   Seven   Hundred   and   Seventy-Four

(100,566,774)   shares   of   Common   stock   and   outstanding   with   a   par   value   of   $0.001   and   outstanding   with

Eight   Hundred  and  Twenty  Three  Thousand  Six  Hundred  and  Ninety  One  Shares  of  Preferred  stock

issued.

With   the   exception   of   Shares   in   the   amount   of   11,459,279,   which   were   authorized   and   issued

pursuant   to   a   Common   Stock   Purchase   Agreement   entered   into   by   the   Company   on   December   31,   2013,

but   were   never   paid   for   and   are   currently   deemed   by   the   Company   to   be   invalid   and   as   such   are   not

included   on   its   capitalization   table   for   issued   and   outstanding   stock,   all   of   the   issued   and   outstanding

shares   of   PARALLAX   Common   Stock   have   been   duly   authorized,   are   validly   issued,   were   not   issued   in

violation   of   any   pre-emptive   rights   and   are   fully   paid   and   non-assessable,   are   not   subject   to   pre-emptive

rights   and   were   issued   in   full   compliance   with   all   federal,   state,   and   local   laws,   rules   and   regulations.

Except   as   stated   herein,   there   are   no   other   outstanding   options,   warrants,   subscriptions,   phantom   shares,

conversion  rights,  or  other  rights,  agreements,  or  commitments  obligating  PARALLAX  to  issue  any

additional   shares   of   PARALLAX   Common   Stock,   or   any   other   securities   convertible   into,   exchangeable

for,   or   evidencing   the   right   to   subscribe   for   or   acquire   from   PARALLAX   any   shares   of   PARALLAX

Common   Stock   as   of   the   date   of   this   Agreement.     There   are   no   agreements   purporting   to   restrict   the

transfer   of   the   PARALLAX   Common   Stock,   no   voting   agreements,   voting   trusts,   or   other   arrangements

restricting or affecting the voting of the PARALLAX Common Stock.

4.4

Directors  and  Officers  of   PARALLAX.     The  duly  elected  or  appointed  directors  and

officers of PARALLAX are as listed on Schedule M .

4.5

Corporate   Records   of   PARALLAX.    The   corporate   records   of   PARALLAX,   as   required

to   be   maintained   by   it   pursuant   to   the   laws   of   the   State   of   Nevada,   are   accurate,   complete   and   current   in

all material respects, and   the   minute   book   of   PARALLAX is, in   all material respects, correct and   contains

all   material   records   required   by   the   law   of   the   State   of   Nevada   in   regards   to   all   proceedings,   consents,

actions and meetings of the shareholders and the board of directors of PARALLAX.

4.6

Non-Contravention.   Neither   the   execution,   delivery   or   performance   of   this   Agreement,

nor the consummation of the Transaction, will:

(a)

conflict   with,   result   in   a   violation   of,   cause   a   default   under   (with   or   without   notice,   lapse

of  time  or  both)  or  give  rise  to  a  right  of  termination,  amendment,  cancellation  or

acceleration   of   any   obligation   contained   in   or   the   loss   of   any   Material   benefit   under,   or

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result in the creation of any lien, security interest, charge or encumbrance upon any of the

Material   properties   or   assets   of   PARALLAX   under   any   term,   condition   or   provision   of

any  loan  or  credit  agreement,  note,  Note,  bond,  mortgage,  indenture,  lease  or  other

agreement,   instrument,   permit,   license,   judgment,   order,   decree,   statute,   law,   ordinance,

rule or regulation applicable to PARALLAX or any of its Material property or assets;

(b)

violate     any     provision     of     the     applicable     incorporation     or     charter     documents     of

PARALLAX, or any applicable law; or

(c)

violate  any  order,  writ,  injunction,  decree,  statute,  rule,  or  regulation  of  any  court  or

governmental   or   regulatory   authority   applicable   to   PARALLAX   or   any   of   its   Material

property or assets.

4.7

Validity     of   PARALLAX     Common     Stock     Issuable     upon     the     Transaction.

The

PARALLAX   Sale   Shares   to   be   issued   to   Selling   Shareholders   upon   consummation   of   the   Transaction   in

accordance   with   this   Agreement   will,   upon   issuance,   have   been   duly   and   validly   authorized   and,   when   so

issued   in   accordance   with   the   terms   of   this   Agreement,   will   be   duly   and   validly   issued,   fully   paid   and

non-assessable.

4.8

Actions   and   Proceedings.     To   the   best   knowledge   of   PARALLAX,   there   is   no   claim,

charge,   arbitration,   grievance,   action,   suit,   investigation   or   proceeding   by   or   before   any   federal   or   state

court,    arbiter,    administrative    agency    or    other    governmental    authority    now    pending    or,    to    the    best

knowledge   of   PARALLAX,   threatened   against   PARALLAX   which   involves   any   of   the   stock,   business,

or  the  properties  or  assets  of  PARALLAX  that,  if  adversely  resolved  or  determined,  would  have  a

Material    Adverse    Effect    on    the    business,    operations,    assets,    properties,    prospects    or    conditions    of

PARALLAX   taken   as   a   whole,   other   than   the   lawsuit   disclosed   to   Selling   Shareholders   brought   against

PARALLAX   by   the   former   owner   of   Roxsan   Pharmacy,   Inc.   Shahla   Melamed,   and   the   lawsuit   brought

against   Shahla   Melamed   by   PARALLAX.     Management   believes   that   there   is   no   reasonable   basis   for

Shahla   Melamed s   claim   or   action   that,   based   upon   the   likelihood   of   it   being   asserted   and   its   success   if

asserted, would have such a Material Adverse Effect on PARALLAX.

4.9

Compliance.

(a)

To   the   best   knowledge   of   PARALLAX,   PARALLAX   is   in   compliance   with,   is   not   in

default  or  violation  in  any  Material  respect  under,  and  has  not  been  charged  with  or

received   any   notice   at   any   time   of   any   Material   violation   of   any   statute,   law,   ordinance,

regulation,   rule,   decree   or   other   applicable   regulation   to   the   business   or   operations   of

PARALLAX,  with  the  exception  of  those  violations,  that  include  the  delinquency  in

timely filing of SEC reporting obligations, that has been disclosed to the Seller;

(b)

To   the   best   knowledge   of   PARALLAX,   PARALLAX   is   not   subject   to   any   judgment,

order  or  decree  entered  in  any  lawsuit  or  proceeding  applicable  to  its  business  and

operations that would constitute a Material Adverse Effect;

(c)

PARALLAX    has    duly    filed    all    reports    and    returns    required    to    be    filed    by    it    with

governmental     authorities     and     has     obtained     all     governmental     permits     and     other

governmental   consents,   except   as   may   be   required   after   the   execution   of   this   Agreement.

All   of   such   permits   and   consents   are   in   full   force   and   effect,   and   no   proceedings   for   the

suspension   or cancellation   of any   of them, and   no   investigation   relating   to   any   of them, is

pending   or   to   the   best   knowledge   of   PARALLAX,   threatened,   and   none   of   them   will   be

affected in a Material adverse manner by the consummation of the Transaction; and

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(d)

To   the   best   knowledge   of   PARALLAX,   PARALLAX   has   operated   in   Material

compliance   with   all   laws,   rules,   statutes,   ordinances,   orders   and   regulations   applicable   to

its   business.     PARALLAX   has   not   received   any   notice   of   any   violation   thereof,   nor   is

PARALLAX aware of any valid basis therefore.

4.10

Filings,   Consents   and   Approvals.     No   filing   or   registration   with,   no   notice   to   and   no

permit,   authorization,   consent,   or   approval   of   any  public  or   governmental   body  or   authority  or   other

person   or   entity   is   necessary   for   the   consummation   by   PARALLAX   of   the   Transaction   contemplated   by

this   Agreement   to   continue   to   conduct   its   business   after   the   Closing   Date   in   a   manner   which   is   consistent

with that in which it is presently conducted.

4.11

SEC   Filings.   PARALLAX   has   furnished   or   made   available   to   Sellers   the   PARALLAX

SEC   Documents.   As   of   their   respective   dates,   to   the   best   knowledge   of   PARALLAX,   the   PARALLAX

SEC   Documents   complied   in   all   material   respects   with   the   requirements   of   the   Securities   Act,   or   the

Exchange   Act,   as   the   case   may   be,   and   the   rules   and   regulations   of   the   SEC   thereunder   applicable   to   such

PARALLAX   SEC   Documents,   with   the   exception   of   those   violations,   that   include   the   delinquency   in

timely   filing   of   SEC   reporting   obligations,   that   has   been   disclosed   to   the   Seller.    The   PARALLAX   SEC

Documents   constitute   all   of   the   documents   and   reports   that   PARALLAX   was   required   to   file   with   the

SEC pursuant to the Exchange Act and the rules and regulations promulgated thereunder by the SEC.

4.12

Financial  Representations.     Included  with  the  PARALLAX  SEC  Documents  are  true,

correct,  and  complete  copies  of  audited  and/or  unaudited  Financial  Statements  for  PARALLAX  and

ROXSAN for the interim periods 2013, 2014 and 2015, which are:

(a)

in accordance with the books and records of PARALLAX;

(b)

present   fairly   the   financial   condition   of   PARALLAX   as   of   the   respective   dates   indicated

and the results of operations for such periods; and

(c)

have been prepared in accordance with GAAP.

PARALLAX   has not received any advice or notification from   its independent certified public accountants

that   PARALLAX   has   used   any   improper   accounting   practice   that   would   have   the   effect   of   not   reflecting

or    incorrectly    reflecting    in    the    PARALLAX    Financial    Statements    or    the    books    and    records    of

PARALLAX,   any   properties,   assets,   Liabilities,   revenues,   or   expenses.    The   books,   records,   and   accounts

of    PARALLAX    accurately    and    fairly    reflect,    in    reasonable    detail,    the    assets,    and    Liabilities    of

PARALLAX.   PARALLAX   has   not   engaged   in   any   transaction,   maintained   any   bank   account,   or   used

any   funds   of   PARALLAX,   except   for   transactions,   bank   accounts,   and   funds,   which   have   been   and   are

reflected in the normally maintained books and records of PARALLAX.

4.13

Absence  of  Undisclosed  Liabilities.    Except  as  Disclosed  in  this  Agreement  and  the

PARALLAX   SEC   Documents,   PARALLAX   has   no   Material   Liabilities   or   obligations   either   direct   or

indirect, matured or unmatured, absolute, contingent or otherwise, which:

(a)

are   not   set   forth   in   the   PARALLAX   Financial   Statements   or   have   not   heretofore   been

paid or discharged;

(b)

did    not    arise    in    the    regular    and    ordinary    course    of    business    under    any    agreement,

contract, commitment, lease or plan specifically provided in writing to PARALLAX; or

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(c)

have   not   been   incurred   in   amounts   and   pursuant   to   practices   consistent   with   past   business

practice,   in   or   as   a   result   of   the   regular   and   ordinary   course   of   its   business   since   the   date

of the last PARALLAX Financial Statements.

4.14

Tax Matters.

(a)

PARALLAX   is   not   presently   under   and   has   not   received   notice   of,   any   contemplated

investigation  or  audit  by  the  Internal  Revenue  Service  or  any  foreign  or  state  taxing

authority concerning any fiscal year or period ended prior to the date hereof;

(b)

To   the   best   knowledge   of   PARALLAX,   all   Taxes   required   to   be   withheld   on   or   prior   to

the   date   hereof,   including   but   not   limited   to,   those   pertaining   to   employees   for   income

taxes,  social  security  taxes,  unemployment  taxes  and  other  similar  withholding  taxes,

have   been   properly   withheld   and,   if   required   on   or   prior   to   the   date   hereof,   have   been

deposited with the appropriate governmental agency; and

(c)

To   the   best   knowledge   of   PARALLAX,   the   PARALLAX   Financial   Statements   contain

full    provision    for    all    Taxes    including    any    deferred    taxes    that    may    be    assessed    to

PARALLAX   for   the   accounting   period   ended   on   the   PARALLAX   Accounting   Date   or

for   any   prior   period   in   respect   of   any   transaction,   event   or   omission   occurring,   or   any

profit earned, on or prior to the PARALLAX   Accounting Date or for any profit earned by

PARALLAX   on   or   prior   to   the   PARALLAX   Accounting   Date   or   for   which   PARALLAX

is   accountable   up   to   such   date and   all contingent Liabilities   for Taxes   have   been   provided

for or Disclosed in the PARALLAX Financial Statements.

4.15

Absence   of   Changes.   Since   the   PARALLAX   Accounting   Date,   except   as   Disclosed   in

the   PARALLAX   SEC   Documents   and   or   as   Disclosed   to   Sellers   pursuant   to   this   Agreement,

PARALLAX has not:

(a)

incurred   any   Liabilities,   other   than   Liabilities   incurred   in   the   ordinary   course   of   business

consistent   with   past   practice,   or   discharged   or   satisfied   any   lien   or   encumbrance,   or   paid

any   Liabilities, other   than   in   the   ordinary   course   of   business   consistent   with   past   practice,

or   failed   to   pay   or   discharge   when   due   any   Liabilities   of   which   the   failure   to   pay   or

discharge   has   caused   or   will   cause   any   Material   damage   or   risk   of   Material   loss   to   it   or

any of its assets or properties;

(b)

sold, encumbered, assigned or transferred any Material fixed assets or properties;

(c)

created,    incurred,    assumed    or    guaranteed    any    indebtedness    for    money    borrowed,    or

mortgaged,   pledged   or   subjected   any   of   the   Material   assets   or   properties   of   PARALLAX

to    any    mortgage,    lien,    pledge,    security    interest,    conditional    sales    contract    or    other

encumbrance of any nature whatsoever;

(d)

made   or   suffered   any   amendment   or   termination   of   any   Material   agreement,   contract,

commitment,   lease   or   plan   to   which   it   is   a   party   or   by   which   it   is   bound,   or   cancelled,

modified   or   waived   any   substantial   debts   or   claims   held   by   it   or   waived   any   rights   of

substantial value, other than in the ordinary course of business;

(e)

declared,   set   aside   or   paid   any   dividend   or   made   or   agreed   to   make   any   other   distribution

or   payment   in   respect   of   its   capital   shares   or   redeemed,   purchased   or   otherwise   acquired

or agreed to redeem, purchase or acquire any of its capital shares or equity securities;

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(f)

suffered  any  damage,  destruction  or  loss,  whether  or  not  covered  by  insurance,  that

Materially and adversely effects its business, operations, assets, properties or prospects;

(g)

suffered    any    Material    adverse    change    in    its    business,    operations,    assets,    properties,

prospects or condition (financial or otherwise);

(h)

received   notice   or   had   knowledge   of   any   actual   or   threatened   labor   trouble,   termination,

resignation,   strike   or   other   occurrence,   event   or   condition   of   any   similar   character   which

has   had   or   might   have   an   adverse   effect   on   its   business,   operations,   assets,   properties   or

prospects;

(i)

made    commitments    or    agreements    for    capital    expenditures    or    capital    additions    or

betterments exceeding in the aggregate $1,000;

(j)

other than in the ordinary course of business, increased the salaries or other compensation

of,    or    made    any    advance    (excluding    advances    for    ordinary    and    necessary    business

expenses)   or   loan   to,   any   of   its   employees   or   directors   or   made   any   increase   in,   or   any

addition to, other benefits to which any of its employees or directors may be entitled;

(k)

entered   into   any   transaction   other   than   in   the   ordinary   course   of   business   consistent   with

past practice; or

(l)

agreed, whether in writing or orally, to do any of the foregoing.

4.16

Absence   of   Certain   Events.   Since   the   PARALLAX   Accounting   Date,   except   as   and   to

the extent Disclosed in the PARALLAX SEC Documents, there has not been:

(a)

any PARALLAX Material Adverse Effect; or

(b)

any Material change by PARALLAX in its accounting methods, principles or practices.

4.17

No   Brokers.   PARALLAX   has   not   incurred   any   obligation   or   Liability   to   any   party   for

any   brokerage   fees,   agent s   commissions,   or   finder s   fees   in   connection   with   the   Transaction

contemplated by this Agreement.

4.18

Internal   Accounting   Controls.     PARALLAX   maintains   a   system   of   internal   accounting

controls   sufficient   to   provide   reasonable   assurance   that   (i)   transactions   are   executed   in   accordance   with

management s   general   or   specific   authorizations,   (ii)   transactions   are   recorded   as   necessary   to   permit

preparation   of   financial   statements   in   conformity   with   GAAP   and   to   maintain   asset   accountability,   (iii)

access   to   assets   is   permitted   only   in   accordance   with   management s   general   or   specific   authorization,   and

(iv)   the   recorded   accountability   for   assets   is   compared   with   the   existing   assets   at   reasonable   intervals   and

appropriate  action  is  taken  with  respect  to  any  differences.    PARALLAX s  certifying  officers  have

evaluated    the    effectiveness    of    PARALLAX s    controls    and    procedures    as    of    the    Evaluation    Date.

PARALLAX   presented   in   its   most   recently   filed   Form   10-K   the   conclusions   of   the   certifying   officers

about   the   effectiveness   of   the   disclosure   controls   and   procedures   based   on   their   evaluations   as   of   the

Evaluation   Date.   Since   the   Evaluation   Date,   there   have   been   no   significant   changes   in   PARALLAX s

internal    controls    or,    to    PARALLAX s    knowledge,    in    other    factors    that    could    significantly    affect

PARALLAX s internal controls.

4.19

Public   Listing.      PARALLAX   is   currently   quoted   on   the   OTC   Quotation   Board

( OTCQB ) under the symbol PRLX .

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4.20

Application   of   Takeover   Protections.    PARALLAX   and   its   board   of   directors   have   taken

all  necessary    action,  if    any,  in    order    to    render    inapplicable    any    control  share    acquisition,  business

combination,   poison   pill   (including   any   distribution   under   a   rights   agreement)   or   other   similar

anti-takeover   provision   under   PARALLAX s   certificate   or   articles   of   incorporation   (or   similar   charter

documents)   or   the   laws   of   its   state   of   incorporation   that   is   or   could   become   applicable   to   PARALLAX   as

a result of the transactions under this Agreement or the exercise of any rights pursuant to this Agreement.

4.21

SEC    or    FINRA    Inquiries.      On    March    8,    2013,    the    Company    was    notified    that    the

Securities   and   Exchange   Commission   ( SEC )   had   suspended   the   trading   of   the   Company s   securities   for

10  days,  until  March  21,  2013.  This  temporary  suspension  of  trading  arose  out  of  concerns  that  the

Company had incorrectly stated within its public filings and press releases that certain components related

to   the   Company s   Target   Antigen   Detection   System   ( Target   System )   are   patented,   when   these   patents

have   expired.       The   Company,   after   discussions   with   the   SEC   and   with   the   Company s   counsel,   has

addressed   any   questions   raised   regarding   the   accuracy   of   assertions   in   the   Company s   public   filings.    The

Company   has   clarified   the   status   of   the   patents   in   question,   and   the   way   in   which   the   Company   refers   to

its   Target   System   components.   The   Company   has   also   clarified   that   it   currently   has   filed   four   patent

applications   with   the   USPTO,   which   are   deemed   patent   pending ,   and   the   Company   has   disclosed   that

there   can   be   no   assurance   that   the   patents   will   be   granted.     On   May   10,   2013,   the   Company   filed   its   new

form   15c211   with   a   FINRA   Member   Market   Maker,   in   order   that   the   Company s   shares   can   resume

trading   on   the   OTCBB   and   OTCQB   markets,   pursuant   to   Rule   15c2-11   under   the   Exchange   Act,   which

states   that   at   the   termination   of   the   trading   suspension,   no   quotation   may   be   entered   unless   and   until   the

Company   has   strictly   complied   with   all   of   the   provisions   of   the   rule,   including   the   filing   of   a   new   Form

15c2-11  and  obtaining  FINRA  approval  to  commence  trading.   The  Company  received  a  letter  from

FINRA   that   the   Agency   had   approved   the   Company   for   trading   and   the   Company   commenced   trading   on

August 19 th 2013.

4.22

Completeness  of  Disclosure.    No  representation  or  warranty  by  PARALLAX  in  this

Agreement,   nor   any   certificate,   Schedule,   statement,   document   or   instrument   furnished   or   to   be   furnished

by   PARALLAX   pursuant   hereto,   contains   or   will,   to   the   best   of   PARALLAX s   knowledge,   contain   any

untrue   or   misleading   statement   of   a   Material   fact   or   omits   or   will   omit   to   state   a   Material   fact   required   to

be stated herein.

4.23

Information    from    Sellers.      PARALLAX    has    made    all    requests    for    information    and

Disclosures that it requires and Sellers have responded to all those requests.

5.

CLOSING CONDITIONS

5.1

Conditions   Precedent   to   Closing   by   PARALLAX.     The   obligation   of   PARALLAX   to

consummate   the   Transaction   is   subject   to   the   satisfaction   or   written   waiver   of   the   conditions   set   forth

below  by  a  date  mutually  agreed  upon  by  the  Parties  hereto  in  writing  and  in  accordance  with  this

Agreement, which   shall in   any   event be   no   later than   5:00   p.m. PST   on   September 30, 2016.    The Closing

of   the   Transaction  will   be   deemed  to  mean  a   waiver   of   all   conditions   to  Closing.     These   conditions

precedent are for the benefit of PARALLAX and may be waived by PARALLAX in its sole discretion.

(a)

Representations   and   Warranties.   The   representations   and   warranties   of   Sellers   set   forth

in   this   Agreement   will   be   true,   correct   and   complete   in   all   Material   respects   as   of   the

Closing   Date,   to   the   best   of   Sellers   knowledge,   as   though   made   on   and   as   of   the   Closing

Date   and   Sellers   will   have   delivered   to   PARALLAX   a   certificate   dated   as   of   the   Closing

Date,    to    the    effect    that    the    representations    and    warranties    made    by    Sellers    in    this

Agreement are true and correct to the best of Sellers knowledge.

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(b)

Performance.    All   of   the   covenants   and   obligations   that   Sellers   are   required   to   perform   or

to   comply   with   pursuant   to   this   Agreement   at   or   prior   to   the   Closing   must   have   been

performed and complied with in all Material respects.

(c)

Transaction   Documents.

This   Agreement,   Schedules   and   Exhibits,   the   Sellers

Documents,   and   all   other   documents   necessary   or   reasonably   required   to   consummate   the

Transaction,   all   in   form   and   substance   reasonably   satisfactory   to   PARALLAX,   will   have

been executed and delivered to PARALLAX.

(d)

Third   Party   Consents.    PARALLAX   will   have   received   duly   executed   copies   of   all   third

party   consents   and   approvals   contemplated   by   this   Agreement,   in   form   and   substance

reasonably satisfactory to PARALLAX.

(e)

No   Material   Adverse   Effect.     No   Material   Adverse   Effect   by   Selling   Entity   will   have

occurred since the date of this Agreement.

(f)

No  Action.    No  suit,  action,  or  proceeding,  except  as  already  disclosed  between  the

former  owner  of  the  PARALLAX  subsidiary  Roxsan  Pharmacy,    will  be  pending  or

threatened which would:

(i)

prevent    the    consummation    of    any    of    the    transactions    contemplated    by    this

Agreement; or

(ii)

cause the Transaction to be rescinded following consummation.

(g)

Due   Diligence   Generally.    PARALLAX   and   its   legal   counsel   will   be   reasonably   satisfied

with   their   due   diligence   investigation   of   Selling   Entity   that   is   reasonable   and   customary

in a transaction of similar nature to that contemplated by this Transaction, including:

(i)

receipt   and   review   of   materials,   documents,   third   party   contracts   and   information

in   the   possession   and   control   of   Sellers   which   are   reasonably   germane   to   the

Transaction;

(ii)

a    physical    inspection    of    the    assets    of    Selling    Entity    by    PARALLAX    or    its

representatives; and

(iii)

title to the Material assets of Selling Entity.

5.2

Conditions   Precedent   to   Closing   by   Sellers.    The   obligation   of   Sellers   to   consummate   the

Transaction   is   subject   to   the   satisfaction   or   written   waiver   of   the   conditions   set   forth   below   by   a   date

mutually   agreed   upon   by   the   Parties   hereto   in   writing   and   in   accordance   with this   Agreement,   which   shall

in  any  event  be  no  later  than  5:00  p.m.  PST  on  September  30,  2016  or  as  otherwise  stated  in  this

Agreement.    The Closing of the Transaction will be deemed to mean a waiver of all conditions to Closing.

These conditions precedent are for the benefit of Sellers and may be waived by Sellers in their discretion.

(a)

Employment   Agreement.    QOLPOM   and   Selling   Shareholders   will   agree   to   and   execute

that   employment   agreement   with   Nathaniel   Bradley   ( Bradley   Employment   Agreement )

attached hereto as Exhibit A .

(b)

Representations   and   Warranties.    The   representations   and   warranties   of   PARALLAX   set

forth   in   this   Agreement will be   true, correct and   complete   in   all respects   as   of   the   Closing

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Date, as though made on and as of the Closing Date and PARALLAX will have delivered

to   Sellers   a   certificate   dated   as   of   the   Closing   Date,   to   the   effect   that   the   representations

and warranties made by PARALLAX in this Agreement are true and correct.

(c)

Performance.    All  of  the  covenants  and  obligations  that  PARALLAX  is  required  to

perform    or    to    comply    with    pursuant    to    this    Agreement    at    or    prior    to    the    Closing,

including   delivery   of   PARALLAX   Documents,   must   have   been   performed   and   complied

with   in   all   Material   respects,   which   in   some   instances   is   by   no   later   than   3:00   p.m.   on   the

day before the Closing.

(d)

Transaction   Documents.      This   Agreement,   including   Schedules,   the   PARALLAX

Documents   and   all   other   documents   necessary   or   reasonably   required   to   consummate   the

Transaction,   all   in   form   and   substance   reasonably   satisfactory   to   Sellers,   will   have   been

executed and delivered by PARALLAX.

(e)

No    Material    Adverse    Effect.     No    PARALLAX    Material    Adverse    Effect    will    have

occurred since the date of this Agreement.

(f)

No   Action.     No   suit,   action,   or   proceeding,  will   be   pending   or   threatened   before   any

governmental   or   regulatory   authority   wherein   an   unfavorable   judgment,   order,   decree,

stipulation, injunction or charge would result in and/or:

(i)

prevent    the    consummation    of    any    of    the    transactions    contemplated    by    this

Agreement; or

(ii)

cause the Transaction to be rescinded following consummation.

(g)

Public   Market.    On   the   Closing   Date,   the   shares   of   PARALLAX   Common   Stock   will   be

quoted on the OTC Quotation Board.

(h)

Due Diligence Generally.  Sellers and their legal counsel will be reasonably satisfied with

their   due   diligence   investigation   of   PARALLAX   that   is   reasonable   and   customary   in   a

transaction   of   a   similar   nature   to   that   contemplated   by   the   Transaction,   including   receipt

of PARALLAX s Disclosures and any information reasonably requested by Sellers.

6.

ADDITIONAL COVENANTS OF THE PARTIES

6.1

Notification of Financial Liabilities.  Sellers will immediately give notice to PARALLAX

if   Selling   Entity   receives   any   advice   or   notification   from   its   independent   certified   public   accounts   that

Selling   Entity   has   used   any   improper   accounting   practice   that   would   have   the   effect   of   not   reflecting   or

incorrectly    reflecting    in    the    books,    records,    and    accounts    of    Selling    Entity,    any    properties,    assets,

Liabilities,   revenues,   or   expenses.     This   covenant   will   survive   Closing   and   continue   in   full   force   and

effect.

6.2

Access   and   Investigation.     Between   the   date   of   this   Agreement   and   the   Closing   Date,

Selling Entity and PARALLAX will cause each of their respective representatives to:

(a)

afford  the  other  and  its  representatives  reasonable  access  to  its  personnel,  properties,

assets, Contracts, books and records, and other documents and data;

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(b)

furnish   the   other   and   its   representatives   with   copies   of   all   such   Contracts,   books   and

records,   and   other   existing   documents   and   data   as   required   by   this   Agreement   and   as

reasonably requested; and

(c)

furnish   the   other   and   its   representatives   with   such   additional   financial,   operating,   and

other data and information as reasonably requested.

All   of   such   access,   investigation   and   communication   by   a   Party   and   its   representatives   will   be   conducted

during   normal   business   hours   and   in   a   manner   designed   not   to   interfere   unduly   with   the   normal   business

operations of the other Party.  Each Party will instruct its auditors to cooperate with the other Party and its

representatives in connection with such investigations.

6.3

Confidentiality.      All    information    regarding    the    business    of    Selling    Entity  including,

without   limitation,   financial   information   that   Sellers   provide   to   PARALLAX   during   PARALLAX s   due

diligence,   will   be   kept   in   strict   confidence   by   PARALLAX   and   will   not   be   used   (except   in   connection

with   due   diligence   and   presentation   of   the   material   to   PARALLAX s   investors),   dealt   with,   exploited   or

commercialized   by   PARALLAX   or   disclosed   to   any   third   party   (other   than   PARALLAX s   accountant

and    legal    advisors)    without    the    prior    written    consent    of    Selling    Shareholders.      If    the    Transaction

contemplated   by   this   Agreement   does   not   proceed   for   any   reason,   then   PARALLAX   will   immediately

return   to   Sellers   (or   as   directed   by   Sellers)   any   information   received   regarding   Selling   Entity s   business.

Likewise,   all   information   regarding   the   business   of   PARALLAX   including,   without   limitation,   financial

information    that    PARALLAX    provides    to    Sellers    during    its    due    diligence,    will    be    kept    in    strict

confidence by Sellers and will not be used (except in connection with due diligence), dealt with, exploited

or   commercialized   by   Sellers   or   disclosed   to   any   third   party   (other   than   Sellers   accountant   and   legal

advisors)    without    PARALLAX s    prior    written    consent.     If    the    Transaction    contemplated    by    this

Agreement   does   not   proceed   for   any   reason,   then   Sellers   will   immediately   return   to   PARALLAX   (or   as

directed by PARALLAX) any information received regarding PARALLAX s business.

6.4

Notification.    Between   the   date   of   this   Agreement   and   the   Closing   Date,   each   Party   will

promptly   notify   the   other   Parties   in   writing   if   it   becomes   aware   of   any   fact   or   condition   that   causes   or

constitutes   a   Material   breach   of   any   of   its   representations   and   warranties   as   of   the   date   of   this   Agreement,

or   if   it   becomes   aware   of   the   occurrence   after   the   date   of   this   Agreement   of   any   fact   or   condition   that

would   cause   or    constitute   a   Material    breach   of    any   such   representation   or    warranty   had   such

representation   or   warranty   been   made   as   of   the   time   of   occurrence   or   discovery   of   such   fact   or   condition.

Should   any   such   fact   or   condition   require   any   change   in   the   Schedules   relating   to   such   Party,   such   Party

will   promptly   deliver   to   the   other   Parties   a   supplement   to   the   Schedules   specifying   such   change.    During

the   same   period,   each   Party   will   promptly   notify   the   other   Parties   of   the   occurrence   of   any   Material

breach   of   any   of   its   covenants   in   this   Agreement   or   of   the   occurrence   of   any   event   that   may   make   the

satisfaction of such conditions impossible or unlikely.

6.5

Conduct   of   Selling   Entity   and   PARALLAX   Business   Prior   to   Closing.    From   the   date   of

this   Agreement   to   the   Closing   Date,   and   except   to   the   extent   agreed   to   in   writing   by   the   Parties,   Selling

Entity   and   PARALLAX   will   each   operate   their   businesses   substantially   as   presently   operated   and   only   in

the ordinary course and in compliance with all applicable laws, and use their best efforts to preserve intact

their   good   reputation   and   present   business   organization   and   to   preserve   their   relationships   with   persons

having business dealings with them.

6.6

Certain  Acts  Prohibited    Selling  Entity.    Except  as  expressly  contemplated  by  this

Agreement   or   for   purposes   in   furtherance   of   this   Agreement,   between   the   date   of   this   Agreement   and   the

Closing Date, Selling Entity   will not, without the prior written consent of PARALLAX:

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(a)

amend   its   articles   of   incorporation,   articles   of   organization,   bylaws,   operating   agreement

or other corporate documents;

(b)

incur    any    Liability    or    obligation    other    than    in    the    ordinary    course    of    business    or

encumber   or   permit   the   encumbrance   of   any   properties   or   assets   of   Selling   Entity   except

in the ordinary course of business;

(c)

dispose   of   or   contract   to   dispose   of   any   Selling   Entity s   property   or   assets,   including   the

Intellectual   Property   Assets,   except   in   the   ordinary   course   of   business   consistent   with

past practice;

(d)

issue,   deliver,   sell,   pledge   or   otherwise   encumber   or   subject   to   any   lien   any   shares   of   the

QOLPOM   Shares,   or   any   rights,   warrants   or   options   to   acquire,   any   such   shares,   voting

securities or convertible securities;

(e)

except as provided in this Agreement:

(i)

declare,   set   aside   or   pay   any   dividends   on,   or   make   any   other   distributions   in

respect of the QOLPOM Shares, or

(ii)

split,    combine    or    reclassify    any    QOLPOM    Shares    or    issue    or    authorize    the

issuance   of   any   other   securities   in   respect   of,   in   lieu   of   or   in   substitution   for

shares of the QOLPOM Shares; or

(f)

Materially   increase   benefits   or   compensation   expenses   of   Selling   Entity,   other   than   as

contemplated   by   the   terms   of   any   employment   agreement   in   existence   on   the   date   of   this

Agreement, increase the cash compensation of any director, executive officer or other key

employee   or   pay   any   benefit   or   amount   not   required   by   a   plan   or   arrangement   as   in   effect

on the date of this Agreement to any such person.

6.7

Certain    Acts    Prohibited    -    QOLPOM.       Except    as    expressly    contemplated    by    this

Agreement,   between   the   date   of   this   Agreement   and   the   Closing   Date,   PARALLAX   will   not,   without   the

prior written consent of Sellers:

(a)

amend its articles, bylaws or other incorporation documents;

(b)

incur    any    Liability    or    obligation    or    encumber    or    permit    the    encumbrance    of    any

properties   or   assets   of   QOLPOM   except   in   the   ordinary   course   of   business   consistent

with past practice;

(c)

dispose  of  or  contract  to  dispose  of  any  QOLPOM  property  or  assets  except  in  the

ordinary course of business consistent with past practice;

(d)

Materially   increase   benefits   or   compensation   expenses   of   QOLPOM,   increase   the   cash

compensation   of   any   director,   executive   officer   or   other   key   employee   or   pay   any   benefit

or amount to any such person.

6.8

Public   Announcements.    PARALLAX   and   Sellers   each   agree   that   they   will   not   release   or

issue   any   reports   or   statements   or   make   any   public   announcements   relating   to   this   Agreement   or   the

Transaction   contemplated   herein   without   the   prior   written   consent   of   the   other   Party,   except   as   may   be

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required   upon   written   advice   of   counsel   to   comply   with   applicable   laws   or   regulatory   requirements   after

consulting with the other Party hereto and seeking their reasonable consent to such announcement.

6.9

Purchase   and   Sale   of   QOLPOM   Shares   not   occur   by   September   30,   2016.   Should   the

purchase   and   sale   of   the   QOLPOM   Shares   as   provided   for   by   Section   2.1   herein   not   occur   by   September

30,    2016,    then    no    matter    what    the    reason    therein    the    terms    and    conditions    and    provision    of    this

Agreement   shall   be   null   and   void   and   of   no   legal   effect   and   no   party   hereto   shall   have   any   rights   or

obligations arising out of this Agreement unless the parties in writing agree to extend the Closing Date. In

any   event,   however,   and   even   if   the   parties   so   extend   the   Closing   Date,   Sellers   shall   have   the   right   to

discuss   and   negotiate   with   and   agree   with   any   third   party   as   to   the   sale   of   the   business   or   assets   or   any   of

the capital stock of Selling Entity.

7.

CLOSING

7.1

Closing.   The   Closing   shall   take   place   at   the   offices   of   PARALLAX.   Notwithstanding

the   location   of   the   Closing,   each   Party   agrees   that   the   Closing   may   be   completed   by   the   exchange   of

undertakings    between    the    respective    legal    counsel    for    the    Sellers    and    PARALLAX,    provided    such

undertakings are satisfactory to each Party s respective legal counsel.

7.2

Closing Deliveries of Sellers.    At Closing, Sellers will deliver or cause to be delivered the

following, fully executed and in the form and substance reasonably satisfactory to PARALLAX:

(a)

copies   of   all   resolutions   and/or   consent   actions   adopted   by   or   on   behalf   of   the   board   of

directors   of   the   Selling   Entity   evidencing   approval   of   this   Agreement   and   the

Transaction;

(b)

share certificates representing the QOLPOM Shares;

(c)

all certificates and other documents required by this Agreement; and

(d)

the   Selling   Entity s   Documents   and   any   other   necessary   documents,   each   duly   executed

by Selling Entity or Selling Shareholders, as required to give effect to the Transaction.

(e)

Philips TeleMonitoring Sales and Service Agreement.

(f)

Trapollo, LLC Master Service Agreement.

(g)

Victory Medical Solutions, LLC.

(h)

Telivita, Inc.  Service Agreement

(i)

QOLPOM, La Frontera, Inc. Service Agreement

(j)

Office Lease Agreement

(k)

the QOLPOM-Lafrontera Royalty Agreement;

7.3

Closing   Deliveries   of   PARALLAX.    At   Closing,   PARALLAX   will   deliver   or   cause   to   be

delivered   within   ten   days   following,   fully   executed   and   in   the   form   and   substance   reasonably   satisfactory

to Sellers:

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(a)

its delivery of a Common Stock Purchase Agreement granting to Selling Shareholders the

right   to   purchase   Five   Million   (5,000,000)   Shares   of   PARALLAX   common   stock   with   a

par   value   of   $.001,   which   shall   have   been   received   by   Selling   Shareholders   no   later   than

September   30,   2016   at   such   location   as   stated   in   Section   2.6   herein   or   by   payment   at   the

Closing by an escrow company reasonably acceptable to Sellers;

(b)

the Cash Earn-Out Agreement;

(c)

copies   of   all   resolutions   and/or   consent   actions   adopted   by   or   on   behalf   of   the   board   of

directors of PARALLAX evidencing approval of this Agreement and the Transaction;

(d)

all other certificates, amendments and other documents required by this Agreement; and

(e)

the   PARALLAX   Documents   and   any   other   necessary   documents,   each   duly   executed   by

PARALLAX, as required to give effect to the Transaction.

8.

TERMINATION

8.1

Termination.    This   Agreement   shall   be   terminated   at   any   time   prior   to   the   Closing   Date

contemplated hereby by:

(a)

mutual agreement of PARALLAX and Sellers;

(b)

PARALLAX,   if   there   has   been   a   Material   breach   by   Sellers   of   any   Material

representation, warranty, covenant or agreement set forth in this Agreement on the part of

Sellers   that   is   not   cured,   to   the   reasonable   satisfaction   of   PARALLAX,   within   ten   (10)

business   days   after   notice   of   such   breach   is   given   to   PARALLAX   (except   that   no   cure

period will be provided for a breach by Sellers that by its nature cannot be cured);

(c)

Sellers,   if   there   has   been   a   Material   breach   by   PARALLAX   of   any   Material

representation, warranty, covenant or agreement set forth in this Agreement on the part of

PARALLAX   that   is   not   cured,   to   the   reasonable   satisfaction   of   Sellers,   within   ten   (10)

business   days   after   notice   of   such   breach   is   given   to   Sellers,   except   that   no   cure   period

will   be   provided   for   a   breach   by   PARALLAX   of   its   obligation   to   make   the   timely   and

full   payments   stated   in   Sections   7.3   (a)   and   7.3   (b),   and   PARALLAX s   failure   to   make

any   such   full   and   timely   payment   shall   in   any   such   case   be   a   material   breach   of   this

Agreement and shall entitle Sellers to all rights and remedies therein;

(d)

the  parties  pursuant  to  Section  6.10  herein,  if  the  Transaction  contemplated  by  this

Agreement   has   not   been   consummated   on   or   before   September   30,   2016   unless   such   date

is extended by both parties in writing; and

(e)

PARALLAX   or   Sellers   if   any   permanent   injunction   or   other   order   of   a   governmental

entity     of     competent     authority     preventing     the     consummation     of     the     Transaction

contemplated by this Agreement has become final and non-appealable.

8.2

Effect   of   Termination.    In   the   event   of   the   termination   of   this   Agreement   pursuant   to   its

terms,   this   Agreement   will   be   of   no   further   force   or   effect;   provided,   however,   that   no   termination   of   this

Agreement   will   relieve   any   Party   of   liability   for   any   breaches   of   this   Agreement   that   are   based   on   a

wrongful refusal or failure to perform any obligations.

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9.

INDEMNIFICATION, REMEDIES, SURVIVAL

9.1

Agreement   of   Selling   Entity   to   Indemnify.     Selling   Entity   will   indemnify,   defend,   and

hold   harmless,   to   the   full   extent   of   the   law,   PARALLAX   and   its   Directors,   Officers   and   shareholders

from,   against,   and   in   respect   of   any   and   all   Losses   asserted   against,   relating   to,   imposed   upon,   or   incurred

by PARALLAX and its shareholders by reason of, resulting from, based upon or arising out of:

(a)

the   breach   by   Selling   Entity   of   any   representation   or   warranty   of   Selling   Entity   contained

in   or   made   pursuant   to   this   Agreement,   any   Selling   Entity   Document   or   any   certificate   or

other instrument delivered pursuant to this Agreement; or

(b)

the   breach   or   partial   breach   by   Selling   Entity   of   any   covenant   or   agreement   of   Sellers

made   in   or   pursuant   to   this   Agreement,   any   Selling   Entity   Documents   or   any   certificate

or other instrument delivered pursuant to this Agreement.

9.2

Agreement   of   the   Selling   Shareholders   to   Indemnify.      Selling   Shareholders   will

indemnify,   defend,   and   hold   harmless,   to   the   full   extent   of   the   law,   PARALLAX   and   its   shareholders

from,   against,   and   in   respect   of   any   and   all   Losses   asserted   against,   relating   to,   imposed   upon,   or   incurred

by PARALLAX and its shareholders by reason of, resulting from, based upon or arising out of:

(a)

any breach by Selling Shareholders of this Agreement.

9.3

Agreement of PARALLAX to Indemnify.  PARALLAX will indemnify, defend, and hold

harmless,   to   the   full   extent   of   the   law,   Sellers   from,   against,   for,   and   in   respect   of   any   and   all   Losses

asserted   against,   relating   to,   imposed   upon,   or   incurred   by   Sellers   by   reason   of,   resulting   from,   based

upon or arising out of:

(a)

the   breach   by   PARALLAX   of   any   representation   or   warranty   of   PARALLAX   contained

in   or   made   pursuant   to   this   Agreement,   any   PARALLAX   Document   or   any   certificate   or

other instrument delivered pursuant to this Agreement; or

(b)

the   breach   or   partial   breach   by   PARALLAX   of   any   covenant   or   agreement   of

PARALLAX   made   in   or   pursuant   to   this   Agreement,   any   PARALLAX   Document   or   any

certificate or other instrument delivered pursuant to this Agreement.

10.

MISCELLANEOUS PROVISIONS

10.1

Effectiveness    of    Representations;    Survival.     Each    Party    is    entitled    to    rely    on    the

representations,  warranties  and  agreements  of  each  of  the  other  Parties  and  all  such  representations,

warranties   and   agreements   will   be   effective   regardless   of   any   investigation   that   any   Party   has   undertaken

or   failed   to   undertake.    Unless   otherwise   stated   in   this   Agreement,   and   except   for   instances   of   fraud,   the

representations,   warranties   and   agreements   will   survive   the   Closing   Date   and   continue   in   full   force   and

effect until one (1) year after the Closing Date.

10.2

Further Assurances.    Each of the Parties hereto will cooperate with the others and execute

and   deliver   to   the   other   Parties   hereto   such   other   instruments   and   documents   and   take   such   other   actions

as   may   be   reasonably   requested   from   time   to   time   by   any   other   Party   hereto   as   necessary   to   carry   out,

evidence, and confirm the intended purposes of this Agreement.

10.3

Amendment.   This   Agreement   may   not   be   amended   except   by   an   instrument   in   writing

signed by each of the Parties.

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10.4

Expenses.     PARALLAX    and    Seller    will    bear    all    their    respective    costs    incurred    in

connection   with   the   preparation,   execution   and   its   performance   of   this   Agreement   and   the   Transaction

contemplated   hereby,   including   all   fees   and   expenses   of   agents,   representatives   and   accountants,   except

the    fee    of    the    professional    independent    valuer    of    the    Inventory,    which    shall    be    borne    equally    by

PARALLAX and QOLPOM.

10.5

Entire    Agreement.     This    Agreement,    the    Schedules    attached    hereto    and    the    other

documents  in  connection  with  this  transaction  contain  the  entire  agreement  between  the  Parties  with

respect to   the   subject matter   hereof   and   supersede   all prior   arrangements   and   understandings, both   written

and    oral,    expressed    or    implied,    with    respect    thereto.      Any    preceding    correspondence    or    offers    are

expressly superseded and terminated by this Agreement.

10.6

Notices.     All    notices    and    other    communications    required    or    permitted    under    this

Agreement  must  be    in    writing    and    will  be    deemed    given    if    sent  by    personal  delivery,  faxed    with

electronic   confirmation   of   delivery,   internationally-recognized   express   overnight   courier,   or   registered   or

certified   mail   (return   receipt   requested),   postage   prepaid,   to   the   Parties   at   the   addresses   provided   on   the

first page of this Agreement.

All such notices and other communications will be deemed to have been received:

(a)

in the case of personal delivery, on the date of such delivery;

(b)

in   the   case   of   a   fax,   when   the   party   sending   such   fax   has   received   electronic   confirmation

of its delivery;

(c)

in   the   case   of   delivery   by   internationally-recognized   express   overnight   courier,   on   the

business day following dispatch; and

(d)

in the case of mailing, on the fifth (5 th ) business day following mailing.

10.7

Headings.    The   headings   contained   in   this   Agreement   are   for   convenience   purposes   only

and will not affect in any way the meaning or interpretation of this Agreement.

10.8

Benefits.     This    Agreement    is    and    will    only    be    construed    as    for    the    benefit    of    or

enforceable by those persons who are parties to this Agreement.

10.9

Assignment.    This   Agreement   may   not   be   assigned   (except   by   operation   of   law)   by   any

Party   without the consent of the other Parties in this sole discretion and any purported assignment without

such consent shall be null and void and of no legal effect whatsoever.

10.10

Governing   Law.    This   Agreement   will   be   governed   by   and   construed   in   accordance   with

the   laws   of   the   State   of   California   applicable   to   contracts   made   and   to   be   performed   therein.   If   a   party

should   commence   an   action   alleging   a   breach   of   this   Agreement,   venue   will   lie   in   any   federal   or   state

court   of   competent   jurisdiction   in   Los   Angeles   County,   California.   In   such   action,   the   prevailing   party

therein as part of its award shall be entitled to receive its attorneys fees and costs of such action.

10.11

Construction.   The   language   used   in   this   Agreement   will   be   deemed   to   be   the   language

chosen   by   the   Parties   to   express   their   mutual   intent,   and   no   rule   of   strict   construction   will   be   applied

against any Party.

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10.12

Gender.  All references to any Party will be read with such changes in number and gender

as the context or reference requires.

10.13

Business   Days.   If   the   last   or   appointed   day   for   the   taking   of   any   action   required   or   the

expiration   of   any   rights   granted   herein   shall   be   a   Saturday,   Sunday   or   a   United   States   legal   holiday,   then

such   action   may   be   taken   or   right   may   be   exercised   on   the   next   succeeding   day   which   is   not   a   Saturday,

Sunday or such a legal holiday.

10.14

Counterparts.  This Agreement may be executed in one or more counterparts, all of which

will   be   considered   one   and   the   same   agreement   and   will   become   effective   when   one   or   more   counterparts

have   been   signed   by   each   of   the   Parties   and   delivered   to   the   other   Parties,   it   being   understood   that   all

Parties need not sign the same counterpart.

10.15

Electronic    Execution.     This    Agreement    may    be    executed    by    delivery    of    executed

signature   pages   by   electronic   reproduction,   email,   fax   and   such   email   or   fax   reproduction   execution   will

be effective for all purposes.

10.16

Schedules   and   Exhibits.    The   Schedules   and   Exhibits   are   attached   to   this   Agreement   and

incorporated herein.

(The remainder of this page intentionally left blank)

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IN   WITNESS   WHEREOF   the   parties   hereto   have   executed   this   Agreement   as   of   the   effective

date first above written.

PARALLAX HEALTH SCIENCES, INC.

Per:

Authorized Signatory

Name: J. Michael Redmond

Title:  CEO/President

QOLPOM, INC.

Per:

_________________________________

Authorized Signatory

Name: Nathanial T. Bradley

Title:  President

SELLING SHAREHOLDERS:

INTELLECTUAL PROPERTY NETWORK, INC.

Per:

Name: Nathanial T. Bradley

Title: President

Shares:  100

DANIEL J. RANIER

Per:  _______________________________

Name: Daniel J. Ranieri

Shares:  20

DAVID BRADLEY

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Per:  _______________________________

Name:  David Bradley

Shares: 20

MICHAEL PRUDENCE

Per: _______________________________

Name:  Michael Prudence

Shares: 10

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SCHEDULES

Schedule   A     -

Selling Shareholders and Consideration

Schedule   B     -

U.S. Certificate of Selling Shareholders

Schedule   C     -

Directors and Officers of Selling Entity

Schedule   D     -

PARALLAX Board Resolution to Approve Acquisition

Schedule   E       -

PARALLAX Board Resolution to sell Shares

Schedule   F      -

QOLPOM s Corporate Documents

Schedule   G     -

QOLPOM Intellectual Property

Schedule   H     -

QOLPOM Intellectual Property Assignment

Schedule   I

-

QOLPOM Board Resolution to Approve Sale

Schedule   J

-

QOLPOM Shares

Schedule   K     -

QOLPOM Regulatory Licenses

Schedule   L

List of all i(in)ventor-y and assets of QOLPOM

Schedule   M    -

Directors and Officers of PARALLAX

Schedule   N     -

PARALLAX Corporate Documents

Schedule   O     -

QOLPOM Power of Attorney to Transfer Shares

Schedule   P      -

Executive Employment Agreement

Schedule   Q     -

PARALLAX Common Stock Purchase Agreement

Schedule   R     -

PARALLAX Employee Stock Option Plan

Schedule   S      -

PARALLAX Common Stock Options

Schedule   T       -

QOLPOM-Lafrontera Royalty Agreement

Schedule   U     -

QOLPOM Agreements

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SCHEDULE A

Selling Shareholders & Consideration

Intellectual Property Network, Inc.

100 Shares

Daniel J. Ranieri

20 Shares

David Bradley

20 Shares

Michael Prudence

20 Shares

__________________________________________________________________

SCHEDULE B

U.S Certificate of Selling Shareholders

SCHEDULE C

Directors and Officers of Selling Entity

Nathaniel T. Bradley

President, Director

Debbie Hughes

Secretary, Treasurer

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SCHEDULE D

Parallax Board Resolution to Approve Acquisition

SCHEDULE E

Parallax Board Resolution to Sell Shares & Issue Options

SCHEDULE F

QOLPOM S Corporate Documents:

By Laws, Article of Incorporation & Certificate of Good Standing

SCHEDULE G

QOLPOM s Intellectual Property

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SCHEDULE H

QOLPOM s Assignment of Intellectual Property

SCHEDULE I

QOLPOM s Board Resolution to Approve Sale

SCHEDULE J

QOLPOM Shares

SCHEDULE K

QOLPOM Regulatory Licenses

SCHEDULE L

List of all Inventory and Assets of QOLPOM

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SCHEDULE M

Directors and Officers of PARALLAX

SCHEDULE N

PARALLAX Corporate Documents

SCHEDULE O

QOLPOM Power of Attorney to Transfer Shares

SCHEDULE P

QOLPOM Executive Employment Agreement

SCHEDULE Q

PARALLAX Common Stock Purchase Agreement

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SCHEDULE R

PARALLAX Employee Stock Option Plan

SCHEDULE S

PARALLAX Common Stock Options

SCHEDULE T

QOLPOM - La Frontera Royalty Agreement

SCHEDULE U

QOLPOM Agreements

(a)

Philips TeleMonitoring Sales and Service Agreement.

(b)

Trapollo, LLC Master Service Agreement.

(c)

Victory Medical Solutions, LLC.

(d)

Telivita, Inc.  Service Agreement

(e)

QOLPOM, La Frontera, Inc. Service Agreement

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[EX1033002.GIF]



[EX1033004.GIF]



[EX1033006.GIF]



[EX1033008.GIF]



LICENSE ROYALTY AGREEMENT

Effective   August   29,   2016   (the   Effective   Date )   La   Frontera   Community   Solutions,   Inc.,   an

Arizona    nonprofit    corporation,    with    offices    at    504    W    29 th ,    Tucson,    AZ.    85713    ( Licensor )    and

QOLPOM,   Inc,   an   Arizona   corporation   with   offices   at   P.   O.   Box   186Vail,   AZ,   85641   United   States

( Licensee ),  for  good  and  valuable  consideration,  the  receipt  and  sufficiency  of  which  are  hereby

acknowledged, enter into this agreement (this Agreement ) as set forth below:

ARTICLE I

BACKGROUND

SECTION 1.1. Licensor is a nonprofit corporation that links job-seeking persons with disabilities

with   potential   employers,   and   in   furtherance   thereof,   Licensor   has   developed   a   web-based   job   search

platform   (the   Platform )   that   contributes   importantly   to   the   accomplishment   of   Licensor s   tax-exempt

purpose.

SECTION 1.2. Licensor is the owner of certain Intellectual Property Rights (as defined below) in

the Platform and other aspects of its business, including its trademarks and service marks.

SECTION   1.3.   Licensee   is   engaged   in   the   development   of   software   products   for   use   in   the   job

search   field,   and   desires   to   use   certain   aspects   of   the   Platform   and   Licensee s   intellectual   property   in   the

development  of  Licensee s  software  applications,  and  use  certain  trademarks  and  service  marks  of

Licensor in the promotion thereof.

SECTION   1.4.   Licensee   desires   to   obtain   from   Licensor   licenses   under   aspects   of   Licensor s

intellectual property for the development of Integrated Applications (as defined herein) in the Field in the

Territory,  as  provided  herein,  and  Licensor  is  willing  to  grant  those  licenses  under  the  terms  and

conditions of this Agreement.

ARTICLE II

DEFINITIONS

In  addition  to  the  terms  defined  elsewhere  in  this  Agreement,  the  following  terms  have  the

following meanings:

Documentation   means the documentation, materials, and manuals associated   with the Platform

provided by Licensor to Licensee under this Agreement.

Field  means  the  development  and  use  of  software  products  in  the  provision  of  job  search

services on the Internet for persons with disabiliõ က M

Improvements means any modification of any Licensed IP.

Integrated   Application   means   any   of   Licensee s   software   products,   platforms,   services,   and

applications   for   use   within   the   Field   and   within   the   Territory   that:   (a)   incorporate,   integrate,   embody,

contain,    or    reference    any    Licensed    IP    or    reproductions    or    derivative    works    thereof;    or    (b)    the

development,   use,   marketing,   or   commercialization   of   which   have   been   supported   by,   or   benefitted   from

access to, any Licensed IP.

Intellectual Property Rights means rights granted under applicable law to a person with respect

to:   (a)   works   of   authorship,   including,   without   limitation,   all   exclusive   exploitation   rights,   copyrights,



moral   rights,   and  mask-works;   (b)   trade   secret   rights   and   other   confidential   information;   (c)   patents,

patent   applications,   and   disclosures   (including,   without   limitation,   reissues,   divisions,   reexaminations,

extensions,   provisionals,   continuations   and   continuations-in-part   thereof),   designs,   and   other   industrial

property   rights;   (d)   trademark,   trade   dress,   and   similar   rights   based   on   designation   of   origin;   and   (e)   all

registrations,   applications,   renewals,   extensions,   continuations,   divisions,   reissues,   and   the   like   based   on

or deriving from any of the foregoing.

Licensed Copyrights means Licensor s copyright rights in the Licensed Technology.

Licensed   Information   means   the   following   information   owned   or   controlled   by   Licensor   that

may   contribute or be reasonably   necessary to the development or sale of products or services based on or

containing  the  Licensed  Technology,  including  Integrated  Applications,  including:  (a)  all  know-how

owned   or   controlled   by   Licensor   relating   to   the   Licensed   Technology,   including   but   not   limited   to   the

Documentation;   (b)   all   data   owned   or   controlled   by   Licensor   relating   to   the   Licensed   Technology   that

may   be   useful   to   exercise   the   rights   granted   under   this   Agreement,   including   the   Licensor   Database;   and

(c) the source code of the Platform.

Licensed IP means the Licensed Information, Licensed Copyrights, Licensed Technology, and

Licensed Trademarks.

Licensed    Technology    means:    Licensor s    know  how    in    connection    with    the    creation    and

maintenance of the Licensed  technology.

Licensed   Trademarks  means   the  marks   shown   on   Exhibit   A .   QOLPOM   &   QOLPOM

Stylized

Licensee s  Technology  means  the  technology  currently  owned  by  Licensee  or  created  by

Licensee as more fully described and defined in Section 5.4 below.

Representative   means   any   director,   officer,   employee,   agent,   consultant,   attorney,   accountant,

or subcontractor of a party.

Royalty   Reporting   Period   means   each   six-month   period   ending   on   the   last   days   of   June   and

December of every year.

Territory means the United States.

ARTICLE III

GRANT OF RIGHTS

SECTION 3.1. Grant of License to the Licensed Trademarks . Subject to the terms and conditions

of   this   Agreement,   Licensor   grants   to   Licensee   a   non-assignable   (except   as   expressed   provided   herein),

exclusive,   non-sublicensable   license   to   use   the   Licensed   Trademarks,   within   the   Field   occurring   within

the   Territory,   to:   (a)   identify   Licensor   as   the   source   of   content   embodied   in   an   Integrated   Application;

and (b) indicate that Licensee is a sponsor or supporter of Licensor.

Subsection   3.1.1.   Approval   of   Form .   Licensee   will   not   use   the   Licensed   Trademarks   in

any    form  or    in    connection    with    goods    and    services    without    the    prior  written    approval    of

Licensor.    Any  modification  of  a  form  of  use  approved  by  Licensor  must  be  approved  by

Licensor.    Licensor   may   at   its   discretion   specify,   from   time   to   time,   which   marks   comprise   the

Licensed   Trademarks,   the   form   in   which   Licensee   may   use   the   Licensed   Trademarks,   and   the



goods   and   services   with   which   the   Licensed   Trademarks   may   be   associated.   Licensee   will   only

use the Licensed Trademarks as so specified by Licensor.

Subsection    3.1.2.    Proper    Notice    and    Acknowledgment .    Every    use    of    the    Licensed

Trademarks   by   Licensee   will   incorporate   in   an   appropriate   manner   an   R   enclosed   by   a   circle

for    federally    registered    marks,    or    TM    enclosed    in    a    circle    for    unregistered    marks,    as

appropriate.

Subsection   3.1.3.   Licensor’s   Rights   and   Remedies .   Licensor   has,   will   retain,   and   may

exercise, both during the term of this Agreement and thereafter,   all rights and remedies   available

to   Licensor, whether   derived   from this   Agreement,   from statute,   or   otherwise,   as   a   result   of   or   in

connection   with   Licensee s   breach   of   this   Agreement,   misuse   of   the   Licensed   Trademarks,   or

any   other   use   of   the   Licensed   Trademarks   by   Licensee   that   is   not   expressly   permitted   by   this

Agreement.

Subsection  3.1.4.  Goodwill .  Any    and  all  goodwill  or  other  benefit  arising  from  or

connected   with   Licensee s   use   of   the   Licensed   Trademarks   will   inure   to   the   exclusive   benefit   of

Licensor.

Subsection    3.1.5.  Inspection .  Licensor  may    at  any  time,  upon  reasonable  notice  to

Licensee,   examine   representative   samples   of   the   goods   and   services   provided   by   Licensee   under

the   Licensed   Trademarks   to   determine   whether   the   quality   of   those   goods   and   services   conforms

to the quality standards approved by Licensor.

SECTION   3.2.   Grant   of   License   to   the   Licensed   Copyrights .   Subject   to   the   terms   and   conditions

of   this   Agreement,   Licensor   grants   to   Licensee   a   non-assignable   (except   as   expressed   provided   herein),

exclusive, non-sublicensable license under the Licensed Copyrights, within the Field occurring within the

Territory,   to   reproduce   and   prepare   derivative   works   of   the   Licensed   Technology   for   the   purpose   of

integrating   those   reproductions   or   derivative   works   into   Integrated   Applications;   provided,   however,   that

preparation   of   such   derivative   works   must   be   limited   to   the   extent   reasonably   necessary   to   integrate

components   of   the   Licensed   Technology   into   the   Integrated   Applications.   No   right   is   granted   under   this

license   to   distribute,   publicly   perform,   or   publicly   display   the   Licensed   Technology.   However,   Licensee

may  present,  to  third  parties,  the  functionality  of  Licensor s  job  board  and  may  provide  a  link  to

Licensor s job board, on Licensee s website.

Subsection   3.2.1.   Licensor   Ownership .   Licensor   will   own   the   copyright   and   all   other

rights  in  any  derivative  works  created  by    Licensee  and  retains  ownership  of  the  Licensed

Copyrights   and   Licensed   Technology.   However,   Licensee   will   own   the   copyright   and   all   other

rights   in   any   derivative   works   created   by   Licensee   with   respect   to   Licensee s   copyrighted   and

patented works, including but not limited to its HR Assistant software.

Subsection    3.2.2.    Attribution .    All    uses,    reproductions,    and    derivative    works    of    the

Licensed   Technology,   and   any   other   documentation,   material,   or   expression   protected   under   the

Licensed    Copyrights,    must    include    the    copyright    notice:    ©    Copyright    Linkages,    Inc.    or

substantial equivalent.

SECTION 3.3. Grant of License to the Licensed Information. Subject to the terms and conditions

of   this   Agreement,   Licensor   grants   to   Licensee   a   non-assignable   (except   as   express   provided   herein),

exclusive,   non-sublicensable   license   to   use   the   Licensed   Information   solely   in   the   development,   use,

marketing,    and    maintenance    of    the    Integrated    Applications    within    the    Field    occurring    within    the



Territory.   No   license   or   rights   are   granted   or   implied   under   any   information   or   know-how   outside   the

Licensed Information, as it may be constituted from time to time.

SECTION 3.4. Obligations Beyond Licensing. Subject to any   confidentiality   or legal constraints,

Licensor   will   provide   Licensee,   at   the   request   of   Licensee,   Licensor   Database   so   that   Licensee   can   assist

in connecting Licensor s clients with potential employers.

SECTION    3.5.    Reservation    of    Rights .    All    rights  of    Licensor    not    expressly    granted    in    this

Agreement   are   hereby   reserved   to   Licensor.   Without   limiting   the   generality   of   the   foregoing,   Licensor

reserves   and   retains   for   itself:   (a)   the   right   to   practice   under   and   use   the   Licensed   IP,   including   the

Licensed   Technology,   and   all   related   Intellectual   Property   Rights   for   its   own   purposes   in   all   Fields   in   all

Territories;  (b)  the  right  to  grant  licenses  and  sublicenses,  as  appropriate,  to  third  parties  under  the

Licensed   IP   and   all   related   Intellectual   Property   Rights   in   any   field   outside   the   Field   and   in   all   countries

outside    the    Territory;    and    (c)    the    right    to    file    and    control    prosecution    of    patent    and    trademark

applications,   copyright   registrations,   and   other   Intellectual   Property   Rights   corresponding to the   Licensed

IP   worldwide.    Licensee   may   not   sublicense   any   of   the   licenses   or   grants   under   this   Agreement   to   third

parties.

SECTION   3.6.    Covenants .   Licensee   will,   at   all   times,   limit   the   exercise   of   its   rights   under   the

licenses   and   rights   granted   herein   to   the   Field   and   the   Territory.   Licensee   will   not   at   any   time,   whether

during   or   after   the   term   of   this   Agreement,   do   or   cause   to   be   done   any   act   or   anything   challenging,

contesting, impairing, invalidating, or tending to impair or invalidate any of the Licensed IP or Licensor s

Intellectual   Property   Rights   or   registrations   derived   from   such   rights.     Licensee   will   not   file   state   or

federal trademark applications for marks that may be, in Licensor s sole discretion, confusingly similar to

the Licensed Trademarks or other of Licensor s trademarks, whether registered or not.

SECTION   3.7.     Confidential   Treatment   of   the   Licensed   Information .   During   the   term   of   this

Agreement,   and   at   all   times   thereafter,   Licensee   must:   (a)   treat   the   Licensed   Information   as   strictly   and

absolutely   confidential;   (b)   use   the   Licensed   Information   only   for   purposes   expressly   permitted   under

this     Agreement;     (c)     protect     the     Licensed     Information     from     unauthorized     use,     disclosure,     or

misappropriation    by    using    the    same    degree    of    care    as    its    uses    to    protect    its    most    valuable    and

competitively sensitive confidential information and trade secrets, but no less than a reasonable degree of

care;   and   (d)   limit   access   to   the   Licensed   Information   in   the   manner   set   forth   below.   Except   as   provided

in Subsection 3.7.2, the foregoing obligations and restrictions are perpetual.

Subsection   3.7.1.      Permitted   Disclosures .      Licensee   may   disclose   the   Licensed

Information,   and   will   limit   access   to   the   Licensed   Information,   solely   as   may   be   required   to

further  the  purposes  of  performing  under  this  Agreement  and  solely  to  those  of  its  trusted

Representatives  who  require  access  to  the  Licensed  Information  for  purposes  of  Licensee s

enjoying   the   rights   and   benefits   of   this   Agreement   and   who   are   aware   of   Licensee s   obligations

and   restrictions   under   this   Agreement   (each,   an   Authorized   Representative ).   Disclosures   to

Authorized    Representatives    must    be    kept    to    the    minimum    necessary    for    that    Authorized

Representative to perform his or her duties effectively for the purposes of this Agreement only. If

the   repository   of   Licensed Information   maintained   by   Licensee   is   on   a   computer,   server,   or   other

electronic   medium,   the   restriction   on   access   required   hereunder   and   the   other   measures   taken   to

ensure and confirm limited access must be taken electronically.

Subsection   3.7.2.   Compelled   Disclosure .   If   Licensee   is   required   to   disclose   one   or   more

elements  of  the  Licensed  Information  by  an  order  of  a  court  of  competent  jurisdiction  or  a

government   agency   properly   exercising   its   delegated   authority,   Licensee   must   promptly   inform

Licensor   in   writing   of   those   circumstances,   and   consult   with   Licensor   on   the   steps   to   be   taken   to



avoid   or   restrict   the   disclosure,   and   give   Licensor   the   opportunity   to   contest,   defend   against,   or

limit   the   ordered   disclosure   at   Licensor   expense.   If   disclosure   of   the   Licensed   Information   is

nonetheless   required,   License   must   endeavor   to   put   in   place   arrangements   designed   to   maintain

the   confidentiality   and   commercial   value   of   the   Licensed   Information   and,   in   any   event,   must

limit   its   disclosure   of   any   portion   of   the   Licensed   Information   pursuant   to   that   order,   law   or

regulation to the minimum required to comply with its terms.

Subsection   3.7.3.   Unauthorized   Disclosure.   If   Licensee   becomes   aware   that   it   or   any

authorized  recipient  of  any  portion  of  the  Licensed  Information  hereunder  has  breached  the

provisions   of   this   SECTION,   then   Licensee   must   notify   Licensor   as   soon   as   practicable,   and   the

parties   must   promptly   confer   as   to   the   course   of   action   to   take   as   may   be   appropriate   under   the

circumstances   to   cure   the   breach   and   to   mitigate   the   harm or   damage   arising   from it.   Any   breach

of  the  provisions  of  this  SECTION  by  a  Representative  of  Licensee  of  any  portion  of  the

Licensed   Information   will   be   deemed   a   breach   by   Licensee   of   this   SECTION.   In   the   case   of   any

breach   of   this   SECTION,   Licensee   must   promptly   notify   the   third   party   improperly   receiving   or

using the Licensed Information that its receipt or use of the Licensed Information is unlawful and

must   request   the   third   party   promptly   return   all   Licensed   Information   and   agree   not   to   further

disclose or use it for any   purpose. Licensee   must promptly   pay   for or reimburse   Licensor for   any

fees,   costs,   and   expenses   incurred   by   Licensor   in   remedying   the   unauthorized   disclosure   or   use,

for  taking  any    action  to  protect  its  rights  in,  and  benefits  from,    the    Licensed    Information

improperly disclosed, and to mitigate the damages or harm arising from that improper disclosure.

At   its   sole   cost   and   expense,   Licensee   must   assist   and   cooperate   with   Licensor   in   any   effort   of

that type.

Subsection   3.7.4.   Remedies .   The   Licensed   Information   is   valuable,   special,   and   unique,

constitutes    a    trade    secret    of    Licensor,    and    gives    Licensor    a    commercial    and    competitive

advantage because it is not generally   known or readily   available to the public or those competing

with   Licensor.    Thus,   if   Licensee   or   any   authorized   recipient   breaches   or   threatens   to   breach   any

provision  of  this  SECTION,  Licensor  may  be  irreparably  damaged  or  injured  such  that  no

remedy   at   law   will   afford   it   adequate   protection   against,   or   appropriate   compensation   for,   that

damage   or   injury.   Accordingly,   notwithstanding   SECTION   11.9,   Licensor   may:   (a)   enforce   the

provisions   of   this   SECTION   by   equitable   remedies,   including   without   limitation   injunction   and

specific    performance,    although    those    remedies    are    not    the    exclusive    remedies    under    this

Agreement   but   will   be   in   addition   to   all   other   remedies   available   at   law   or   equity;   and   (b)   bring

any   action   seeking   any   of   those   remedies   in   any   court   of   the   United   States   or   any   state   having

subject   matter   jurisdiction.   Licensee   will   submit   to   the   jurisdiction   of   any   such   court   and   hereby

waives any claim or defense that there is an adequate remedy at law for such breach or threatened

breach.   Licensee   hereby   waives   any   requirement   for   the   posting   of   any   bond   or   other   collateral

that   may   be   required   to   seek   equitable   relief.   However,   nothing   in   this   SECTION   will   prevent

Licensee from enforcing any other rights it may have.

SECTION   3.8.   Confidentiality   Generally .   Each   party   will   protect   any   information,   identified   at

the time of disclosure as confidential, or ought reasonably to be considered confidential given the

nature    of    the    information    or    the    circumstances    of    disclosure,    of    the    other    party    against

unauthorized   disclosure   by   using   the   same   degree   of   care   as   it   take   to   preserve   and   safeguard   its

own   confidential   information   of   similar   nature,   being   at   least   a   reasonable   degree   of   care.   Such

information   may   be   disclosed   by   the   receiving   party   to   its   employees,   affiliates,   and   professional

advisors,    provided    that    that    the    recipient    is    bound    to    maintain    the    confidentiality    of    such

information received.



SECTION  3.9.   Term .  Unless  earlier  terminated,  this  Agreement  and  the  licenses  and  rights

granted    hereunder    will    automatically    expire    on    the    date    20    years    after    the    Effective    Date.    If    this

Agreement  is  terminated  before  expiration  as  provided  above,  then  the  licenses  and  rights  granted

hereunder will cease upon termination.    Expiration of this Agreement does not constitute a termination or

a   waiver   of   any   rights   of   either   party   against   the   other   party   accruing   at   or   before   the   time   of   expiration,

nor   does   it   terminate   or   waive   either   party's   surviving   obligations   under   this   Agreement,   as   specified   in

ARTICLE   VI.   On   or   before   the   date   30   days   after   the   effective   date   of   expiration   or   termination   of   this

Agreement,   Licensee   must   prepare   and   deliver   to   Licensor   a   Royalty   Report   (as   defined   herein)   with

respect   to   all   Licensee s   activities   in   the   Royalty   Reporting   Period   before   the   expiration   occurred,   which

must   be   accompanied   by   payment   of   any   earned   royalties   or   other   amounts   due   in   respect   of   Licensee s

activities    covered    by    that    Royalty    Report,    and    the    obligation    to    make    such    payment    will    be    so

accelerated.   Without   limiting   the   generality   of   the   foregoing,   Licensee s   obligations   to   pay   any   amount

payable  to  Licensor  under  this  Agreement,  to  report  and  pay  royalties  to  Licensor  accrued  before

expiration   of   this   Agreement,   even   if   a   transaction   or   a   portion   thereof   occurs   after   the   expiration   of   this

Agreement, survive the expiration of this Agreement.

SECTION   3.11.    No   Further   Rights   or   Licenses.   Except   as   expressly   provided   in   this   ARTICLE

III,   no   further,   other,   or   different   license,   sublicense,   option,   or   right   is   granted   to   Licensee   or   implied.

No additional rights hereunder are or may be deemed granted by estoppel or otherwise.

ARTICLE IV

CONSIDERATION

SECTION   4.1.   License   Issue   Fee .   Upon   Licensee s   execution   and   delivery   of   this   Agreement,

Licensee   must   pay   to   Licensor   non-refundable,   non-creditable   license   issue   fee   of   $1,500   (the   Issue

Fee ).   Licensor   hereby  acknowledges   receipt   of   the   Issue   Fee.   All  amounts   described  herein   are   in

United States dollars.

SECTION   4.2.   Running   Royalties .   As   consideration,   for   the   licenses   granted   herein,   Licensee

must   pay   to   Licensor   a   non-refundable   earned   royalty   equal   to   3   (three)   percent   of   all   amounts   received

( Gross   Sales )   for   services   transacted   or   products   sold   through,   for,   or   with   the   use   of   any   Integrated

Application,   including   amounts   for   subscriptions   or   other   access   to   the   Integrated   Application   (each,   a

Sales   Transaction )   Licensee s   obligation   to   pay   a   royalty   accrues,   and   is   earned   by   Licensor,   at   the

time   a   Sales   Transaction   is   invoiced   by   Licensee   to   a   third   party.   Earned   royalties   in   a   given   Royalty

Reporting   Period   must   be   paid   by   Licensee   to   Licensor   on or   before   the   date   31   days   after   the   end   of   the

pertinent Royalty Reporting Period.

SECTION   4.3.   Use   of   Licensee s   Trade   Marks.   Licensee   will   provide   Licensor   with   trademark

materials,   either   by   hard   copy   or   electronically,   for   Licensor s   use   and   presentation   both   on   Licensor s

website    and    in    other    marketing    and    business    material    used    by    Licensor.    During    the    term    of    this

Agreement,   Licensor   may   use   these   materials.   In   the   event   Licensee   purchases   a   fully   paid   up   license   in

accordance with SECTION 4.9, Licensor may continue to use the materials in perpetuity. The trade mark

materials   supplied   by   Licensee   will   include   all   marks   used   by   Licensee   in   conjunction   with   the   Licensed

IP, including, but not limited to, the Audioeye, People Assistant, and Linkages Experience marks.

SECTION 4.4.   Periodic Reports .

Subsection   4.4.1.    Frequency   of   Reports.   Upon   each   January   31   and   July   31   during   the

term   of   this   Agreement,   Licensee   must   deliver   to   Licensor   a   true,   correct,   and   complete   written   report

showing   the   items   specified   in   Subsection   4.3.3   below   as   they   pertain   to   Licensee s   activities   under   this



Agreement  in  the  Royalty  Reporting  Period  just  ended  (each,  a   Royalty  Report ).  A  responsible

financial   officer   of   Licensee   or   a   responsible   representative   of   Licensee s   independent   accounting   firm

must   certify   in   writing   that   each   Royalty   Report   delivered   under   this   Subsection   is   true,   correct,   and

complete.   Licensee s   payment   of   the   earned   royalties   based   on   the   Royalty   Report   must  be   paid   in

accordance with SECTION 4.5 below on or before the date on which the Royalty Report is due.

Subsection   4.4.2.   Reports   After   Expiration .   After   the   expiration   or   earlier   termination   of

this   Agreement,   Licensee   must   continue   to   provide   Royalty  Reports   and   corresponding   payments   in

accordance   with this SECTION for so long as Licensee conducts Sales Transactions or bills, invoices, or

receives   amounts   in   connection   with   Sales   Transactions.   If,   notwithstanding   its   obligation   to   cease   all

activities   under   this   Agreement   upon   termination   of   this   Agreement   pursuant   to   ARTICLE   VI   below,

Licensee   conducts   Sales   Transactions   or   bills,   invoices,   or   receives   amounts   in   connection   with   Sales

Transactions   after   termination   of   this   Agreement,   Licensee   must   provide   a   Royalty   Report   with   respect

to  those  unauthorized  activities  that  complies  in  all  respects  with  this  SECTION,  accompanied  by

payment   of   royalties   equal   to   three   times   the   royalty   payment   that   would   have   been   due   under   this

Agreement as if this Agreement had not been terminated.

Subsection   4.4.3.   Content   of   Royalty   Reports.     Each   Royalty   Report   must   provide   the

following   information   as   it   pertains   to   the   preceding   Royalty   Reporting   Period   just   ended:   (a)   the   type

and   number   of   each   Sales   Transaction   billed   by   Licensee;   (b)   the   U.S.   dollar   value   of   the   billings   on   the

quantities   in   clause   (a)   immediately   above;   and   (c)   the   total   amount   of   earned   royalties   to   be   paid   with

respect to the Royalty Reporting Period that is the subject of that Royalty Report.

SECTION   4.5.   Payment   Procedure .   Licensee   must   pay   all   amounts   due   to   Licensor   under   this

Agreement   in   United   States   currency,   collectible   at   par   and   without   deduction   of   any   fees,   by   check   or

other immediately available funds.

SECTION 4.6.   Late Payment .  All amounts not timely paid will be subject to a charge of interest

compounded   monthly   until   payment,   at   a   rate   of   10%   per   annum   or   $500,   whichever   is   greater.   If   that

interest rate exceeds the rate allowed by applicable law, then the highest interest rate allowed by   law will

apply. Licensor must apply any   payments received first to the satisfaction of unpaid, accrued interest and

then to the satisfaction of unpaid principal.

SECTION   4.7.   Taxes .   Licensee   is   responsible   for   the   payment   of   all   taxes,   duties,   levies,   and

other   charges   imposed,   on   Licensee,   by   any   taxing   authority   with   respect   to   the   royalties   and   other   fees

payable   to   Licensor   under   this   agreement.   If   Licensee   is   required   under   any   law   or   regulation   of   any

government   entity   or   authority   to   withhold   or   deduct   any   portion   of   the   payments   on   royalties   due   to

Licensor,  then  the  sum  payable  to  Licensor  will  be  increased  by  the  amount  necessary  to  yield  to

Licensor   an   amount   equal   to   the   sum   it   would   have   received   had   no   withholdings   or   deductions   been

made.   Licensor   will   cooperate   reasonably   with   Licensee   in   the   event   Licensee   elects   to   assert,   at   its   own

expense, any exemption from any such tax or deduction.

SECTION   4.8.   Recordkeeping   and   Audit .   Licensee   must   keep   true,   correct   and   complete   books

and  records,  with  reasonable  supporting  documentation,  containing  data  reasonably  required  for  the

computation   and   verification   of   payments   due   under   this   Agreement   and   Licensee s   compliance   in   other

respect    with    its    obligations    under    this  Agreement.      Licensee    must  keep  those  books,  records  and

documentation   at   its   principal   place   of   business   for   at   least   six   years   beyond   the   Royalty   Reporting

Period  applicable  to  which  they  pertain  and  Licensee s  access  to  those  books  may  not  be  denied

thereafter if they   are reasonably   available.    Licensor may, during the Term of this Agreement, appoint an

auditor   to   inspect   and   copy   those   books,   records,   and   documentation   during   Licensee s   business   hours

and   without   unreasonably   interfering   with   Licensee s   business   and   operations   to   verify   the   accuracy   of



the   Royalty   Reports   and   Licensee s   compliance   with   this   Agreement.   Licensor   must   provide   Licensee

with   reasonable   advance   notice   of   its   desire   for   such   audit.    All   audits   by   Licensor   will   be   at   Licensor s

own   expense   unless   the   audit   reveals   an   underpayment   of   more   than   5%   of   the   amounts   actually   due   for

any   Royalty   Reporting   Period,   in   which   case   Licensee   must   reimburse   Licensor   for   the   cost   of   the   audit,

in addition to the amount of the underpayment plus interest. If audit reveals that Licensee paid   more than

required under this Agreement, Licensor must, at Licensee s election, either fully reimburse Licensee for

the   underpayment   within   30   days   after   advising   Licensor   in   writing   of   its   election,   or   offset   any   future

payments under this Agreement by the amount of the overpayment.

SECTION   4.9.   Licensee s   Option   to   Purchase   Lifetime   Paid   Up   License .     Licensee   is   hereby

granted   an   option   to   purchase   a   royalty-free,   fully   paid-up,   perpetual,   exclusive,   irrevocable,   license,   of

the   Integrated   Applications   for   use   within   the   Territory   and   within   the   Field,   with   the   right   to   assign   the

paid up license and to grant sublicenses, for a one-time fee of $2,000,000.

SECTION  4.11.   Non-Profit  Status .  Licensee  understands  that  Licensor  is  a  tax-exempt  non-

profit   qualified   under   section   501   (c)   (3)   of   the   United   States   Internal   Revenue   Code   (the   Code ).   This

Agreement   is   intended   to   comply   with   the   provisions   of   the   Code   and   applicable   Regulations   which

permit   qualified   tax-exempt   non-profits   to   receive   royalty   income   without   having   such   income   treated   as

unrelated   business   income,   as   that   income   is   defined   in   the   Code   and   applicable   Regulations.   This

Agreement will interpreted and enforced consistent with this intent.

ARTICLE V

RIGHTS TO INTELLECTUAL PROPERTY

SECTION   5.1.    Rights   of   Each   Party .   As   between   the   parties   the   Licensed   IP   is,   and   at   all   times

will remain, solely   and exclusively   owned or controlled by   Licensor. Licensor will solely   and exclusively

own   any   and   all   other   Intellectual   Property   Rights   that   it   may   develop   or   obtain   in   connection   with   the

Licensed IP.

SECTION 5.2.    License Grant to Licensor of Licensee s Improvements . As further consideration,

in   part,   for   the   licenses   and   rights   granted   to   Licensee,   Licensee   hereby   grants   to   Licensor   a   royalty-free,

fully    paid-up,    perpetual,    irrevocable,    worldwide    license,    without    the    right    to    grant    sublicenses,    to

Licensee s  Improvements  and  to  use  Licensee s  Improvements,  including  all  Licensee s  patents  and

patent   applications   claiming   any   such   Improvements.   Without   limiting   the   generality   of   the   foregoing,

Licensee s   Improvements   includes   any   improvements   or   modifications   made   by   Licensee   to   the   Licensed

Technology, including the Platform.

SECTION   5.3.   Derivative   Works.   Licensee   retains   and   will   retain   all   its   right,   title,   and   interest

worldwide   to   all   derivative   works   under   the   Licensed   Copyrights   and   expressions   thereof,   the   Licensed

Technology,  and  all  expressions  or  embodiments  contained  therein  or  relating  thereto,  and  all  other

documentation   and   materials   protected   under   Licensor s   copyright   rights,   immediately   upon   its   creation,

authorship, or expression.

SECTION   5.4.   Mutual   Disclosure   ;   Cooperation;   and   Future   Use.   Licensor   maintains   a   patent

applications   and   technologies   related   to   home   healthcare   monitoring   and   medicine   regime   compliance

systems    ( Licensee s    Technology ).     Licensee s    Technology    may    include,    but    is    not    limited    to

Integrated  Applications  and  Improvements.  Licensor  and  Licensee  have  agreed  to  cooperate  so  that

Licensee   can   utilize   the   Licensed   Technology   to   assist   Licensee   in   developing,   refining,   and   marketing

the  Licensee s  Technology.  Licensee  herby  grants  Licensor  a  perpetual  fully  paid  up  license  in  the

Licensee s    Technology    for    use    by    Licensor    both    during    the    term    and    after    the    expiration    of    this

Agreement.



SECTION  5.5.   Inspection  of  Integrated  Applications .  Upon  reasonable  notice,  Licensee  will

demonstrate  the  Integrated  Applications  and  Licensee s  use  of  the  Licensed  IP.  Licensee  will  keep

Licensor reasonably   informed as   to the progress of development of Integrated Applications, and any   bugs

or   technical   issues   discovered   by   Licensee   pertaining   to   the   Platform.   Licensee   may   at   any   time,   upon

reasonable notice to Licensor, at Licensee s expense,   examine   any   modifications   made by   Licensor to the

Integrated   Applications   or   embodiments   of   Licensed   IP   developed   by   Licensor,   and   the   source   code,

documentation, and data related thereto.

ARTICLE VI

TERMINATION

SECTION   6.1.   Termination   for   Breach   or   Insolvency.     If   Licensee   or   Licensor   breaches   this

Agreement,   or   Licensee   becomes   Insolvent   (as   defined   below),   the   non-breaching   party   may   terminate

this   Agreement   by   giving   written   notice   of   that   breach   to   the   breaching   party   and   affording   breaching

party   the   opportunity   to   cure   that   breach   on   or   before   the   date   30   days   after   the   date   of   written   notice.   If

that   breach   is   not   timely   cured,   this   Agreement   and   the   licenses   granted   hereunder   will   then   terminate,

subject   to   each   party s   surviving   obligations.     Licensee   will   be   Insolvent   if   Licensee   becomes   the

subject   of   a   voluntary   or   involuntary   petition   in   bankruptcy   or   any   proceeding   relating   to   insolvency,

receivership,   liquidation,   or   composition   for   the   benefit   of   creditors   if   such   petition   or   proceeding   is   not

dismissed with prejudice within sixty days after filing.

SECTION    6.2.      Termination    for    IP    Challenge .    Licensor    may    terminate    this    Agreement    if

Licensee    files    any    claims    of    invalidity,    unenforceability,    or    non-infringement    of    the    Licensed    IP.

Licensee   must   notify   Licensor   in   advance   of   any   claims   of   that nature   that   Licensee   intends   to   assert   and

include   in   that   notice   the   details   and   bases   for   those   claims.    Failure   to   provide   that   notice   constitutes   a

material breach of this Agreement.

SECTION 6.3.   Termination by Termination of Underlying Licenses .  The licenses granted under

this   Agreement   pertaining   to   the   Licensed   IP   will   terminate   immediately   upon   the   termination   of   any

underlying third party   software or other license under which Licensor developed or used the Licensed IP.

Licensor  will  promptly  provide  Licensee  written  notice  of  termination  of  such  license,  whereupon

Licensee   must   cease   all   activities   under   the   affected   Licensed   IP,   subject   to   any   successor   license   that

Licensee may later obtain from the third party.

SECTION   6.4.   Termination   by   Notice   from   Licensor .   Licensor   may   terminate   this   Agreement   at

its   sole   discretion   for   any   reason   upon   90   days   written   notice   to   Licensee;   provided,   however,   should

Licensor   provide   Licensee   a   notice   of   termination   in   accordance   with   this   SECTION,   Licensee   will   have

the   right   to   elect   to   purchase   a   fully   paid-up,   perpetual,   exclusive,   irrevocable,   license,   of   the   Integrated

Applications   for   use   within   the   Territory   and   within   the   Field   as   provided   in   SECTION   4.9   prior   to   the

expiration of the 90 day notice period.

SECTION   6.5.    Effect   of   Expiration   or   Termination .   Upon   termination   of   this   Agreement,   all

licenses and rights granted under this Agreement will terminate and Licensee must immediately: (a) cease

using   any  Licensed   IP  and   any  embodiments   thereof;   (ii)   cease   using   the   Licensed   Trademarks,  and

destroy  or  delete  all  materials  bearing  the  Licensed  Trademarks;  (iii)  cease  using,  reproducing,  and

making derivative works of the Licensed Technology, and all other materials protected under the Licensed

Copyrights;   (v)   cease   any   and   all   activity   that   infringes   upon   the   Licensed   IP;   (vi)   cease   and   refrain   from

entering into Sales Transactions; (vii) cease use of all Integrated Applications; and (viii) return or destroy,

at   Licensor s   option,   all   Confidential   Information   and   all   documentation,   expressions,   and   other   materials

protected   under   the   Licensed   IP,   including   all   instances   and   portions   of   the   Licensed   Technology   and



derivative   works   thereof.     On   or   before   the   date   30   days   after  the   Termination   Date,   Licensee  must

disclose to Licensor all undisclosed Licensee Improvements.

SECTION   6.6.   Surviving   Obligations .     Termination   of   this   Agreement   does   not   constitute   a

  termination   or   a   waiver   of   any   rights   of   either   party   against   the   other   party   accruing   at   or   before   the

Termination    Date,    nor    does    it    terminate    or    waive    either    party's    surviving    obligations    under    this

Agreement. In addition to any   provision of this Agreement that expressly   provides for acts or   obligations

to   continue   beyond   the   expiration   or   earlier   termination   of   this   Agreement,   the   provisions   of   ARTICLES

II,   IV,   VIII,   IX,   and   X,   and   SECTIONS   3.5-3.9, 5.1, and   5.2   survive   the   expiration   or   earlier termination

of this Agreement, together with any other provisions necessary to effect the intent of this Agreement.

SECTION   6.7.    Reverter.   Upon   termination   of   this   Agreement,   except   as   otherwise   expressly

provided   in   this   Agreement,   all   the   licenses   and   rights   granted   herein   will   immediately,   automatically,

and completely revert to Licensor for its sole benefit.

ARTICLE VII

ENFORCEMENT

SECTION    7.1.    Notice    of    Infringement    or    Misappropriation.      Licensee    and    Licensor    must

promptly   inform   the   other   party   in   writing   if   either   learns   that   a   third   party   (an   Infringer ):   (a)   is

infringing,   or   is   suspected   of   infringing,   any   Licensed   IP;   (b)   has   misappropriated   or   is   suspected   of

misappropriating    any    Licensed    IP;    or    (c)    has    brought    any    proceeding    alleging    invalidity    or    non-

infringement of any Licensed IP (collectively, Infringing Activities ).

SECTION   7.2.    Licensor s   Rights .    (a)   As   between   the   parties,   Licensor   has   the   sole   right   to   sue

for    infringement    or    misappropriation  of    the    Licensed    IP;    and    (b)    Licensor    has    no    duty    to    pursue

Infringers.   Licensor   has   the   exclusive   right   in   the   first   instance,   but   not   the   obligation,   to   defend   any

proceeding   alleging   invalidity   or   non-infringement   of   any   of   the   Licensed   IP.   If   Licensor   initiates   or

conducts   any   legal   proceedings   to   enjoin   or   seek   damages   caused   by   Infringing   Activities   or   any   other

relief   or   remedy   in   response   to   the   Infringing   Activities,   Licensee   must   fully   cooperate   with   Licensor   in

that   effort.   Licensor   is   entitled   to   keep   for   its   own   account   all   damages   are   awarded   to   it   or   paid   in

settlement thereof, subject to Arizona s rights under the Arizona License.

ARTICLE VIII

CONFIDENTIAL INFORMATION

This ARTICLE applies to Confidential Information other than the Licensed Information.  The

parties respective obligations regarding the confidential treatment of the Licensed Information is

governed by SECTION 3.7.

SECTION 8.1. Confidential Information.    Licensee   and Licensor may   choose, from time to   time,

to    disclose    confidential    information    as    defined    herein.    Confidential    Information    means:    (a)    all

information   provided   by   one   party   (the   Disclosing   Party )   to   the   other   party   (the   Receiving   Party )

pertaining  to  the  Disclosing  Party s  employees,  officers,  directors,  customers,  or  contractors,  or  the

business, research, products, or finances of the Disclosing Party, including but not limited to all technical

information   and   data,   marketing   data,   techniques   and   plans,   suppliers,   business   proposals   to   customers,

customer   lists   and   contact   information,   trade   secrets,   computer   software,   medical   records,   information

provided   to   Receiving   Party   in   confidence   by   a   third   party,   financial   information,   costs   of   providing

services    to    customers,    pricing    and    profit    information,    technology    solutions    developed    and    being

developed   for   customers,   methods   of   doing   business,   sales   information,   and   any   other   information   about

the   Disclosing   Party's   business   that   is   not   publicly   available   or   has   or   could   have   commercial   value   or



other   utility   in   the   Field;   (b)   the   terms   of   this   Agreement;   (c)   disclosures   of   Licensee   Improvements;   and

(d)   any   information   or   communication,   written   or   otherwise,   concerning   the   prosecution,   prosecution

strategy,   defense,   or   assertion   of   the   Licensed   IP.   The   definition   of   Confidential   Information   is   to   be

broadly  interpreted.   Confidential   Information   is   deemed   to   be   owned   by  the   party  who   disclosed   it,

except   that   Confidential   Information   falling   under   clause   (d)   is   deemed   to   be   Licensor s   Confidential

Information.

SECTION  8.2.      Obligations  of  Confidentiality  and  Limited  Use .      During  the  term  of  this

Agreement, and at all times thereafter, the Receiving Party must maintain the Confidential Information in

confidence,   and   may   not   disclose,   divulge   or   otherwise   communicate   it   or   any   portion   of   it   to   any   third

party,    except    to    its    directors,    officer,    employees,    agents,    investors,    potential    investors,    advisors

(accounting,   legal   and   investment   banking),   and   prospective   assigns   who   are   bound   by   like   terms   of

confidentiality,   nor   use   it   for   any   purpose,   except   pursuant   to,   and   in   order   to   carry   out,   the   terms   and

objectives   of   this   Agreement,   or   to   assert   or   enforce   its   rights   or   the   other   party s   obligations   under   this

Agreement.   The   Receiving   Party   will   exercise   every   reasonable   precaution   to   prevent   and   restrain   the

unauthorized disclosure of such Confidential Information by any of its directors, officers, employees, and

agents.

SECTION   8.3.    Exceptions .    The   foregoing   obligations   do   not   apply   to   Confidential   Information

that:   (a)   is   generally   known   to   the   public   through   no   act   or   omission   of   the   Receiving   Party;   (b)   is

received   by   the   Receiving   Party   on   a   non-confidential   basis   from   a   third   party   who   has   come   to   lawfully

know   or   possess   the   Confidential   Information   without   any   breach   of   an   obligation   of   confidentiality   or

non-use   to   the   Disclosing   Party   or   any   third   party,   and   whose   disclosure   to   the   Receiving   Party   does   not

result  in  any  breach  of  any  obligation  of  confidentiality  or  non-use  to  the  Disclosing  Party;  (c)  is

independently known by the Receiving Party at the time of receipt; (d) is reported by the Receiving Party

in   strict   confidence   solely   to   a   United   States   state   or   federal   securities   agency,   including   the   Securities

and Exchange Commission, under applicable state or federal securities laws, including Section 21F of the

Securities   Exchange   Act   of   1934,   for   the   sole   purpose   of   reporting   a   violation   of   United   States   state   or

federal securities laws and meeting all of the requirements for whistleblower protection described in such

laws;   (e)   is   required   to   be   disclosed   under   applicable   governmental   laws   or   regulations   or   under   order   of

a   court   of   competent   jurisdiction,   but   then   only   to   the   extent   minimally   required   to   comply   with   the

order s terms; or (f) the Disclosing Party consents to its disclosure.

SECTION 8.4.   Press Releases and Other Public Statements .  No party will make any other public

statements about this Agreement without the other party s prior written consent.

ARTICLE IX

INSURANCE, INDEMNIFICATION, AND LIMITATION OF LIABILITY

SECTION    9.1.    Insurance.    Licensee    must    maintain    commercial    general    liability    insurance,

including   professional   and   products   liability   insurance   and   errors   and   omissions   insurance,   that   protects

Licensee   and   Licensor   with   respect   to   the   events   covered   by   SECTION   9.2.    Each   insurance   policy   must

provide   reasonable   coverage   for   all   claims   with   respect   to   the   Licensed   IP   and   must   specify   Licensor   as

additional insured. Licensee will furnish certificate(s) of such insurance to Licensor upon request.

SECTION   9.2.    Indemnification   by   Licensee .   During   the   term   of   this   Agreement   and   for   two

years   beyond   the   term   of   any   statute   of   limitations   with   respect   to   any   claim   described   below,   Licensee

must   indemnify,   defend,   and   hold   harmless   Licensor,   and   their   respective   governing   boards,   officers,

agents,   and   employees,   from   and   against   any   liability,   loss,   or   damage   resulting   from   claims,   demands,

costs,   or   judgments   that   arise   out   of   or   are   related   to   Licensee s   use   of   the   Licensed   IP   or   practice

thereunder,   or   Licensee s   breach   of   this   Agreement.   Licensee   is   not   obligated   to   defend   Licensor   for



claims    arising    from    Licensor s    negligence,    willful    misconduct,    or    failure    to    apply    with    applicable

governmental requirements.

SECTION   9.3.    Procedures   for   Indemnification.   Licensee   is   responsible   for   the   management   of

defense of any actions or claims at its own expense, and will pay Licensor s reasonable expenses to assist

Licensee   in   such   defense.    Licensee   will   not   compromise   or   settle   any   claim   or   action   without   the   prior

written   approval   of   Licensor.    Licensor   may   participate   at   its   option   and   expense   through   counsel   of   its

own selection.

SECTION   9.4.   Licensee   Responsible   for   Use   of   Licensed   IP.    It is   the   full and   sole   responsibility

of   Licensee   to   use   appropriate   care   in   the   practice   or   use   of   any   Licensed   IP   and   Integrated   Applications.

Licensor does not: (a) control the   manner in which any   Licensed IP or Integrated Application is practiced

or used by   Licensee;   or (b)   make   any   representation or warranty whatsoever   with respect to   any   Licensed

IP,   including   but   not   limited   to   the   Licensed   Technology,   the   Platform,   or   the   Licensed   Information,   or

Integrated Application.

SECTION   9.5.   Limitation  of   Liability .   In   no   event   is   Licensor  liable   for   damages,   losses   or

claims,   whether   direct   or   otherwise,   arising   out   of   or   related   to:   (a)   Licensee s   use   or   practice   of   the

Licensed IP or Integrated Applications; (b) the performance of any service or use or sale of any product or

application   by   any   person,   including   the   Integrated   Application,   that   benefits   from   use   or   availability   of

the   Licensed   IP;   or   (c)   any   claim   by   a   third   party   against   Licensee;   except   to   the   extent   those   damages,

losses,  or  claims  arise  from  Licensor s  gross  negligence  or  willful  misconduct.  IN  NO  EVENT  IS

LICENSOR  OR  LICENSEE  LIABLE  TO  THE  OTHER,  WHETHER  BASED  IN  CONTRACT  OR

TORT,  FOR  ANY  LOSS  OF  PROFITS  (DEMONSTRATED  OR  PROSPECTIVE)  OR  BUSINESS

REVENUE,  OR  FOR  ANY  INCIDENTAL,  INDIRECT,  SPECIAL,  EXEMPLARY,  PUNITIVE  OR

CONSEQUENTIAL   DAMAGES,   HOWEVER   CAUSED,   WHETHER   DIRECTLY   OR   INDIRECTLY,

ARISING OUT OF THIS   AGREEMENT. EACH PARTY   HEREBY RELEASES THE OTHER   PARTY

FROM   ANY   LOSSES   OR   DAMAGES   OF   THAT   TYPE.   THE   FOREGOING   LIMITATION   WILL

APPLY   WHETHER   OR   NOT   A   PARTY   HAS   BEEN   ADVISED   OF   THE   POSSIBLITY   OF   THOSE

LOSSES     OR     DAMAGES.     EACH     PARTY     ACKNOWLEDGES     AND     AGREES     THAT     THE

FOREGOING   LIMITATIONS   ON   LIABILITY   ARE   ESSENTIAL   ELEMENTS   OF   THE   BASIS   OF

THE     BARGAIN     BETWEEN     THE     PARTIES     AND     THAT     IN     THE     ABSENCE     OF     SUCH

LIMITATIONS,   THE   MATERIAL   AND   ECONOMIC   TERMS   OF   THIS   AGREEMENT   WOULD   BE

SUBSTANTIALLY   DIFFERENT.   The   provisions   of   this   SECTION   survive  the   expiration   or   earlier

termination of this Agreement.

SECTION  9.6.     Warranties  and  Disclaimers .    Nothing  contained  in  this  Agreement  may  be

construed   as   a   representation   or   warranty   by   Licensor:   (a)   that   the   Licensed   IP   and   related   Intellectual

Property  Rights  are  valid  or  enforceable;  (b)  that  any  performance  or  practice  under  or  use  of  the

Licensed IP is not an infringement of any Intellectual Property Rights of others; (c) that the Licensed IP is

suitable for commercial use or free from infringement of any   third party s Intellectual Property   Rights; or

(d)   that   the   Licensed   IP   is   suitable   for   integration   into   Integrated   Applications   or   compatible   with   any   of

Licensee s    software    products,    platforms,    services,    and    applications.    To    the    maximum    extent    not

prohibited by   applicable   law,   the   Licensed   IP   is   being   licensed   and   provided   to   and   accepted   by   Licensee

AS   IS,   WITH   ALL   FAULTS   AND   AS   AVAILABLE.   LICENSOR   HEREBY   DISCLAIMS,   TO

THE   MAXIMUM   EXTENT   NOT   PROHIBITED   BY   APPLICABLE   LAW,   ANY   AND   ALL

WARRANTIES,  TERMS  OR  CONDITIONS,  WHETHER  EXPRESS,  IMPLIED,  STATUTORY  OR

OTHERWISE,   INCLUDING   WITHOUT   LIMITATION   ANY   (IF   ANY)   AND   ALL   WARRANTIES

OR    CONDITIONS    OF    OR    RELATED    TO    MERCHANTABILITY,    FITNESS    FOR    ANY

PARTICULAR    PURPOSE,    SATISFACTORY      QUALITY      OR    PERFORMANCE,    RESULTS,

CONDITIONS   OF   TITLE,   QUIET   POSSESSION,   CORRESPONDENCE   WITH   DESCRIPTION,   OR



NON-INFRINGEMENT,   THAT   MAY   ARISE   FROM   OR   BE   IMPLIED,   EITHER   IN   FACT   OR   BY

OPERATION   OF   LAW,   STATUTORY   OR   OTHERWISE,   THIS   AGREEMENT,   LICENSEE S

RECEIPT  AND  USE  OF,  OR  RELIANCE  ONE,  THE  LICENSED  IP,  OR  ARISING  FROM  THE

COURSE   OF   DEALING   BETWEEN   THE   PARTIES   OR   USAGE   OF   TRADE,   THAT   MAY   APPLY

OR    RELATE    TO    THE    LICENSED    IP    OR    ITS    USE    OR    INTEGRATION    INTO    INTEGRATED

APPLICATIONS.   THERE   ARE   NO   WARRANTIES   THAT   EXTEND   BEYOND   THE   DESCRIPTION

  ON   THE   FACE   HEREOF.

THESE   DISCLAIMERS   OF   WARRANTY   CONSTITUTE   AN

ESSENTIAL PART OF THIS AGREEMENT.

SECTION   9.7

No   Inconsistent   Statements .   Neither   party   may   make   any   statements,

representations,   or   warranties   whatsoever   to   any   person   or   entity,   or   accept   any   liabilities   or

responsibilities   whatsoever   from   any   person   or   entity   that   are   inconsistent   with   this   ARTICLE   IX.     A

party   making   any   such   statement,   representation,   or   warranty   assumes   and   accepts   all   liability   arising

therefrom.     Licensee   assumes   full   and   absolute   responsibility   and   liability   for   any   and   all   warranties

provided in connection with the Licensed IP.

SECTION   9.8.   Remedial   Efforts.   Without   limiting   and   without   prejudice   to   the   disclaimers   of

warranty   in SECTION 9.6 above, if the Licensed IP is alleged to infringe the Intellectual Property   Rights

of  a  third  party,  Licensor  may,  at  its  sole  discretion  and  without  obligation,  repair  or  replace  the

infringing  component  of  the  Licensed  IP  with  functionally  equivalent  component  that  does  not  so

infringe. Nothing in this SECTION will be interpreted as a warranty of noninfringement, or an obligation

to so repair or replace infringing components, on the part of Licensor.

ARTICLE X

NON-COMPETITION

SECTION 10.1 Non-Compete .   The   parties   recognize   that   the   value   of   this   License   to   Licensee,

and   Licensor s   interest   in   maximizing   royalties   payable   under   this   License,   are   both   dependent   upon

Licensee s   ability   to    utilize   the   Licensed   IP   and   Licensee s   intellectual   property   to   market   the   Licensed

IP  and  Licensee s  intellectual  property  for  use  by  third  parties  in  connection  with  identifying  and

recruiting    disabled    individuals    for    employment.     Accordingly,    Licensee    and    Licensor    jointly    and

severally agree that, for the Term of this License, they shall not, directly or indirectly:

(i)

Have   any   direct   or   indirect   interest   (financial   or   otherwise)   in,   or   serve   in   any   capacity   (such   as

owner,   investor,   lender,   principal,   agent,   consultant,   partner,   representative,   officer   or   otherwise)   with,

any   person   or   entity   (other   than   each   other)   that   is   engaged   in   the   business   of   identifying   or   recruiting

disabled individuals for employment in the Territory; or

(ii)

Sell   products,   provide   services,   or   otherwise   assist   others   in   identifying   or   recruiting   disabled

individuals for employment.

SECTION 10.2 Termination/Exceptions .

Notwithstanding the other terms in this Article X:

(i)

The  provisions  of  this  Article  X  will  expire  upon  the  expiration  of  this

License.   Additionally,   if   Licensee   elects   to   acquire   a   fully   paid-up   license   in

accordance with SECTION 4.9, the restrictions of this Article X will expire.

(ii)

The   Provisions   of   this   Article   X   will   not   restrict   or   prohibit   Licensor   from

identifying   and   recruiting   disabled   individuals   and   assisting   them   in   finding

employment   or   restrict   or   prohibit   Licensor   from   assisting   other   tax-exempt

or charitable organizations in doing so. Licensor is also free to work with for-

profit   employers   who   wish   to   identify,   recruit   and   hire   disabled   individuals.

The   provisions   of   this   this   Article   X   are   only   intended   to   prohibit   Licensor

from assisting for-profit businesses who sell applicant tracking systems or job



boards     for     recruiting     and     assisting     disabled     individuals     in     finding

employment.

.

SECTION 10.3 Remedies .

Licensee   and   Licensor   recognize   that   their   failure   to   comply   with   the

provisions   of   this   Article   X   shall   cause   irreparable   harm   to   the   other   and   that   money   damages   alone

would   be   insufficient   to   compensate   for   such   damages.    Licensee   and   Licensor   therefore   agree   that   any

court   having   jurisdiction   may   enter   a   preliminary   or   permanent   restraining   order   or   injunction   against

Licensee or Licensor, as applicable, in the event of actual or threatened breach of any of the provisions of

this   Article   X.    Any   such   relief   shall   not   preclude   Licensee   or   Licensor   from   seeking   any   other   relief   at

law or equity with respect to any such claim.

SECTION 10.3   Severability.      If   any   provision   of   this   Article   X   is   deemed   to   be   in   violation   of   law   or

unenforceable   for   any   reason,   the   remainder   of   this   Article   X   shall   remain   in   full   force   and   effect   and

shall   continue   to   be   binding   upon   Licensee   and   Licensor.   The   parties   agree   that   a   court   shall   substitute   a

reasonable,   judicially   enforceable   limitation   in   place   of   any   unenforceable   provision   to   best   serve   the

intent   of   the   parties   as   expressed   herein   and   the   reasonable   business   needs   and   expectations   of   Licensee

and Licensor in entering into this License.

ARTICLE XI

MISCELLANEOUS

SECTION   11.1.   Agreement   in   its   Entirety .   This   Agreement   and   its   Exhibits,   when   executed   and

delivered by the parties, represent and constitute the entire agreement between the parties as to the subject

matter    of    those    documents.    Any    and    all    prior    and    contemporaneous    oral    and    written    negotiations,

representations,   warranties,   agreements,   statements,   promises,   and   understandings   with   respect   to   that

subject   matter,   are   merged   into,   and   extinguished,   superseded   completely   expressed   by   those   documents.

No  party  is  bound  by  or  charged  with  any  written  or  oral  agreements,  representations,  warranties,

statements, promises, or understandings not specifically set forth in such documents.

SECTION  11.2.   Addresses  and  Notices .  All  notices,  requests,  consents,  demands  and  other

communications provided in this Agreement must be in writing and will be deemed to have been made or

given:  (a)  on  the  date  delivered,  if  personally  delivered;  (b)  if  sent  by  facsimile  or  electronic  mail,

confirmed  by  delivery  of  any  other  means  permitted  under  this  SECTION,  at  the  date  and  time  of

transmission   as   indicated   on   the   received   facsimile   or   email   if   sent   during   normal   business   hours   of   the

notified   party,   or   if   not,   on   the   next   business   day;   (c) on   the   date   ten   business   days   after   being   sent   by

registered or certified mail, return receipt requested, postage prepaid; or   (d) on    the    date    two    days    after

deposit   with   an   internationally   recognized   overnight   courier,   specifying   two-day   delivery,   with   written

verification of receipt. All notices must be addressed to the party entitled to notice at the address indicated

below or at such other address   as   such party   may   designate by   ten days' advance written notice under this

SECTION to the other party to this Agreement:

To Licensor :

To Licensee :

La Frontera Community Solutions, Inc.      QOLPOM, Inc.

Attn.: Dr.Daniel Raneri

Attn.: Nathaniel Bradley

504 W. 29 th St.

P. O. Box 186

Tucson, AZ 84713

Vail, AZ, 85641



A   notice   will   be   considered   written   or   in   writing   if   it   is   on   conventional   paper   or   facsimile,   or   if   it   is

in   electronic   form   (such   as   an   email).    Notice   of   change   of   address   will   be   effective   only   when   done   in

accordance with this SECTION.

SECTION    11.3.    Amendment    of    this    Agreement;    Waiver.    No    supplement,    modification    or

amendment  of  this  Agreement  will  be  binding  unless  executed  in  writing  by  both  parties.  A  party's

express   or   implied   waiver   of   or   consent   to   any   provision   of   this   Agreement   or   the   other   party's   breach   of

its   obligations   hereunder   may   not   be   deemed   to   be,   or   construed   as,   a   consent   to,   or   waiver   of,   any   other

provisions   or   other   breach   of   the   same   or   any   other   obligations   of   the   other   party.    A   party's   failure,   no

matter   how   long,   to:   (a)   complain   of   any   act,   or   failure   to   act,   by   the   other   party;   (b)   declare   the   other

party   in   default,   irrespective   of   how   long   the   default   continues;   (c)   insist   upon   the   strict   performance   of

any   obligation   or   condition   of   this   Agreement;   or   (d)   exercise   any   right   or   remedy   consequent   upon   a

breach   thereof;   does   not   constitute   a   waiver   by   that   party   of   its   rights,   the   breach,   or   any   other   obligation

or   condition.   A   party's   consent   in   any   one   instance   does   not   limit   or   waive   the   necessity   to   obtain   that

party's   consent   in   any   future   instance.    No   single   or   partial   exercise   of   any   right,   power   or   privilege   by   a

party hereunder precludes any other or further exercise thereof or the exercise of any other right, power or

privilege by such party.

SECTION   11.4.     Applicable   Law .     This   Agreement   and   its   effect   are   subject   to   and   must   be

construed   and   enforced   in   accordance   with   the   laws   of   the   State   of   Arizona,   U.S.A.,   without   regard   to   its

principles regarding conflicts of law.

SECTION   11.5.   Assignment.   Licensee   may   not   assign   this   Agreement,   nor   any   of   its   licenses,

rights,   obligations,   or   duties   under   this   Agreement,   whether   directly   or   indirectly   by   operation   of   law   or

otherwise,  including  by  way  of  a  merger,  acquisition  or  other  sale  event,  or  to  an  affiliate,  without

Licensor   prior   written   consent,   which   consent   may   be   withheld   in   its   sole   and   absolute   discretion.   When

properly assigned, this Agreement will be binding upon and inure to the benefit of, and be enforceable by,

the parties, their respective successors and assigns.

SECTION   11.6.    Compliance   with   Law;   Severability.   Nothing   in   this   Agreement   in   intended,   or

may   be   construed,   to   require   the   commission   of   any   act   contrary   to   any   applicable   law.   Each   party   will

comply    fully  with  all  relevant  laws  and  regulations,  including  export  laws    and  regulations.  If  any

provision   of   this   Agreement   (which   is   to   be   applied   in   the   narrowest   sense   as   meaning   the   particular

provision  within  a  single  SECTION,  Subsection,  paragraph,  sentence,  or  clause)  conflicts  with  any

statute,   law,   ordinance,   policy   or   treaty   such   that   it   is   held   or   adjudged   to   be   invalid,   illegal,   void   or

otherwise   unenforceable,   then   the   affected   provision   must   be   curtailed   and   limited   only   to   the   extent

necessary   to   bring   it   within   the   applicable   legal   requirements   and   the   validity,   legality,   and   enforceability

of   the   remaining   provisions   of   this   Agreement   will   not   in   any   way   be   affected   or   impaired   thereby   and

will   remain   enforceable   to   the   fullest   extent   permitted   by   law.   In   that   event,   to   the   fullest   extent   possible,

the   remaining   provisions   of   this   Agreement   will   be   modified   and   construed   to   the   extent   necessary   to

resolve   the   conflict   and   to   give   effect   to   the   intent   manifested   by   the   provision   held   invalid,   illegal,   void

or unenforceable.

SECTION   11.7.    Computation   of   Time .   In   computing   any   period   of   time   for   purposes   of   this

Agreement,   the   day   or   date   of   the   act,   notice,   event   or   default   from   which   the   designated   period   of   time

begins   to   run   will   not   be   included.    The   last   day   of   the   period   so   computed   will   be   included,   unless   it   is   a

Saturday, Sunday, or a federal holiday in the United States, in which event the period runs until the end of

the next day which is not a Saturday, Sunday, or holiday. All references to days, months, quarters or years

are   references   to   calendar   days,   calendar   months,   calendar   quarters,   or   calendar   years,   unless   otherwise

indicated.   All   references   to   business   days   or   working   days   are   references   to   days   that   are   not   a

Saturday, Sunday, or holiday.



SECTION    11.8.    Counterparts.    This    Agreement    may    be    executed    in    two    or    more    identical

counterparts   each   of   which   will   be   deemed   to   be   an   original,   and   all   of   which,   taken   together,   will

constitute  one  and  the  same  instrument.  Delivery  of  an  executed  counterpart  signature  by  facsimile

transmission, by electronic mail in portable document format (.pdf) form , or by another electronic means

intended   to   preserve   the   original   graphic   and   pictorial   appearance   of   a   document,   will   have   the   same

force   and   effect   as   physical   delivery   of   the   original   paper   document   bearing   the   original   signature,   and

each   party   may   use   facsimile   signatures   as   evidence   of   the   execution   and   delivery   of   the   Agreement   by

all parties to the same extent that an original signature could be used.

SECTION 11.9. Dispute Resolution. Except as otherwise provided herein, all disputes arising out

of   or   related   to   this   Agreement   will   be   submitted   to   binding   arbitration   before   a   single   arbitrator   in   the

City   of   Tucson   in   accordance   with   the   Arizona   Revised   Uniform   Arbitration   Act,   A.R.S.   §§   12-3001   et

sq.   as   amended   from   time   to   time.    If   the   parties   cannot   agree   to   an   arbitrator   within   5   business   days   of

service   of   a   Demand   for   Arbitration,   then   the   arbitrator   will   be   appointed   by   the   presiding   civil   judge   of

the Pima County Superior Court.  The prevailing party in the arbitration and any related court proceedings

will   be   entitled   to   recover   reasonable  attorney s   fees,   costs   and   expenses,   including   fees   paid   to   the

arbitrator.   The   arbitration   award   may   be   entered   as   a   judgment   in   any   court   of   competent   jurisdiction.

The  Pima  County  Superior  Court  shall  have  exclusive  original  jurisdiction  of  all  court  proceedings

relating to the arbitration.

SECTION   11.11.   Force   Majeure.    No   failure   or   omission   by   any   party   in   the   performance   of   any

obligation of this Agreement (except payments hereunder) will be deemed a breach of this Agreement nor

create   any   liability   if:   (a)   the   failure   or   omission   arises   from   any   cause   beyond   the   control   of   the   party   in

question;   and   (b)   steps   that   could   be   taken   to   mitigate   or   eliminate   the   cause   of   the   failure   or   omission

were   not   reasonably   foreseeable   or   were   not   reasonably   available   or   commercially   practicable,   and   the

failure   or   omission   is   not   caused   or   exacerbated   by   the   negligence   of   the   non-performing   Party.    Causes

falling   within   clause   (a)   above   include:   acts   of   God;   acts   or   omissions   of   any   government   or   any   agency

thereof;     compliance     with     any     governmental     authority     or     any     officer,     department,     agency     or

instrumentality   thereof;   fire;   storm;   flood;   earthquake;   accident;   acts   of   the   public   enemy;   war,   declared

or   undeclared;   rebellion;   insurrection;   riot;   sabotage;   invasion;   quarantine   restrictions;   strike;   lockout;

disputes or differences with workmen; transportation embargoes or delays in transportation. In that event,

the   non-performing   party   must   give   the   other   party   prompt   written   notice   upon   discovery   and   use   all

reasonable efforts to continue to so perform or cure.

SECTION   11.12.    Independent   Contractor .    In   its   performance   under   this   Agreement,   each   party

is   an   independent   contractor,   and   neither   party   nor   their   respective   Representative   is   a   Representative   of

the other party. Nothing in this Agreement may be construed as authorization for any party to act as agent

for   any   other.   This   Agreement   does   not   constitute   or   create,   nor   may   it   in   any   way   be   interpreted   as,   a

joint venture, partnership, or formal business organization of any kind.

SECTION   10.13.   No   Third-Party   Beneficiaries .   None   of   the   provisions   of   this   Agreement   are   for

the   benefit   of,   or   enforceable   by,   any   third-party.   The   agreements   herein   contained   are   made   for   the   sole

benefit   of   the   parties   hereto,   and   no   other   person   or   entity   is   intended   to   or   shall   have   any   rights   or

benefits hereunder, whether as a third party beneficiary or otherwise.

SECTION   11.14.    Mutual   Representations   and   Warranties .   Each   party   represents   and   warrants   to

the  other  that:  (a)  it  is  duly  organized,  validly  existing  and  in  good  standing  under  the  laws  of  the

jurisdiction of   its   organization   or formation;   (b) has   the   full power   and   authority   to   enter   into,   deliver   and

perform   its   obligations   under,   and   carry   out   the   provisions   of,   this   Agreement;   (c)   the   person   executing

this   Agreement   on   behalf   of   such   entity   has   been   duly   authorized   to   do   so,   and   such   person   has   duly



signed and delivered this Agreement; (d) this Agreement constitutes a valid and   binding   agreement of the

representing   and   warranting   party;   (e)   all   action   required   to   be   taken   to   authorize,   execute,   deliver   and

perform  under  this  Agreement  has  been  taken  and  no  further  approval  of  any  governing  person  is

necessary   to   consummate   this   Agreement;   (f)   execution,   delivery   and   performance   of   this   Agreement   by

the   representing   and   warranting   party   do   not   conflict   with   any   other   agreement   or   arrangement   to   which

such   entity   is   a   party   or   by   which   it   is   bound;   and   (g)   it   will   exercise   its   good   faith   in   performing   under

this Agreement.

SECTION  11.15.   Further  Assurances.  Each  party  must  take  whatever  additional  action  and

execute whatever additional documents as the other party may   in its reasonable   judgment deem necessary

or   advisable   to   carry   out   or   effect   one   or   more   of   the   obligations   or   restrictions   imposed   on   a   party   under

this Agreement.

SECTION   11.16.       Certain   Rules   of   Interpretation .   Interpretation   of   the   Term   “Include.”     The

term include (and its conjugated verb or cognate noun forms) means to include without limitation and

to   include   but   not   limit   to,   regardless   of   whether   the   words   without   limitation   or   but   not   limited   to

or   their   equivalent   actually   follow   it.   Conjugated   Verb   Forms   and   Cognate   Noun   Forms   of   Terms.  If   a

word or phrase is defined, its other grammatical forms, such as any conjugated verb form or cognate noun

form,   have   a   corresponding   meaning.   If   a   word   or   phrase   is   not   capitalized,   then   the   word   or   phrase   must

be   interpreted   in   accordance   with   its   commonly   used   meaning,   although   any   words   or   phrases   that   have

well-known technical or trade meanings must be interpreted in accordance with that meaning. Gender and

Number .  Whenever used in this Agreement: (a) the singular includes the plural, and the plural include the

singular;    (b)    any    masculine,    feminine    or    gender-neutral    pronoun    includes    the    other    and    any    trust,

partnership,  limited  liability  company,  firm,  or  corporation,  all  as  the  context  and  meaning  of  this

Agreement may require. Headings. The headings of the various ARTICLES, SECTIONS and Subsections

of this Agreement are used solely   for the convenience of the parties, do not form a part of this Agreement

and are not intended to affect the interpretation or meaning of this Agreement or to define, limit, extend or

describe   its   scope   or   intent.   Recitals .   ARTICLE   I   is   integral   to   this   Agreement.   All   references   in   this

Agreement   to   Agreement   or   this   Agreement   encompass   ARTICLE   I.   No   Presumptions.   Each   party

has   reviewed   this   Agreement   and   had   the   benefit   of   representation   by   counsel.    In   light   of   the   foregoing,

any rule of construction to the effect that ambiguities are to be resolved against the drafting party does not

apply to the interpretation of this Agreement.

IN WITNESS WHEREOF, the parties hereto have each caused a duly authorized officer to sign

this Agreement to be effective as of the Effective Date.

La Frontera Community Solutions, Inc.,

QOLPOM, Inc.

An Arizona non-profit corporation

An Arizona limited liability company

By :   /s/  Daniel J. Ranieri

By:     /s/ Nathaniel Bradley

Daniel J. Ranieri, President

Nathaniel Bradley, President

Date:

Date:_________________________