Common use of Authority to Execute and Perform Clause in Contracts

Authority to Execute and Perform. AGREEMENTS IBZT has the full legal right and power and all authority and approval required to enter into, execute and deliver this Agreement and to perform fully the obligations hereunder including approval by the Board of Directors of IBZT. This Agreement has been duly executed and delivered and is the valid and binding obligation of IBZT enforceable in accordance with its terms, except as may be limited by bankruptcy, moratorium, insolvency, or other similar laws generally affecting the enforcement of creditors' rights. The execution and delivery of this Agreement and the other agreements contemplated hereunder, and the consummation of the transactions contemplated hereby and thereby, and the performance by IBZT of this Agreement, in accordance with their respective terms and conditions, will not: (a) require the approval or consent of any foreign, federal, state, county, local, or other governmental or regulatory body or the approval or consent of any other person; (b) conflict with or result in any breach or violation of any of the terms and conditions of, or constitute (or with notice or lapse of time or both would constitute) a default under any order, judgment, or decree applicable to IBZT, or any instrument, contract, or other agreement to which IBZT is a party or by or to which IBZT is bound or subject; or (c) result in the creation of any lien or other encumbrance on the assets or properties of IBZT. ▇▇▇▇▇▇ ▇▇▇▇▇▇▇ /s/ ▇▇▇▇▇▇ ▇▇▇▇▇▇▇ ------------------ By: ▇▇▇▇▇▇ ▇▇▇▇▇▇▇ THE COMPANY /s/ ▇▇▇ ▇▇▇▇▇▇▇▇ ---------------- By: ▇▇▇ ▇▇▇▇▇▇▇▇, President APPENDIX A ---------- DETAILS OF THE WEBSITE SERVICES AND CONSTRUCTION ------------------------------------------------ Stages of development: Stage One: Planning -------------------- THE VENDOR will obtain a basic understanding of the objectives of IBZT and what IBZT has already accomplished in the development of their current web presence. Under the direction of IBZT, THE VENDOR will define the basic goals, and mission behind the project. After completion, the following categories will be outlined with detailed explanation. o A Schedule for Site Completion o Basic Site Content o Technical Arrangements (including photos) o Site Architecture o Hosting parameters Stage Two: Development ----------------------- After agreeing and written authorization of plan, development will commence. Vendor will set aside space on a designated web server, and begin to layout the ideas and concepts discussed for the IBZT website. IBZT on a timely basis will approve photographs, illustrations, and Internet architecture. All back end issues will be addressed, and corrected, and the site is approved by IBZT before final publication. Photographs of all products will be taken by Vendor under the direction of IBZT. Stage Three: Implementation --------------------------- The process of building the website according to its design is called `implementation'. During this process web designers create hypertext markup language (HTML), Common Gateway Interface (CGI) programs, Flash Development, and/or Java scripts and/or applets. The implementation process resembles software development because it involves using a specific syntax for encoding web structures or a programming language in a formal language in computer files. Although there are automated tools to help with the construction of HTML documents, a thorough grounding in HTML enriches the web implementers' expertise. Stage Four: Testing ------------------- After Vendor has implemented the website onto the Internet servers, the Vendor will begin a comprehensive review of aspects and traffic through the site ensuring that qualified hits will be at optimal levels. Cross platform testing will commence in this phase. All interactive components in the website will be subjected to a highly specialized group for pier testing. Testing will allow us to streamline and optimize the website for maximum efficiency. CUSTOMER RELATIONSHIP MANAGEMENT (CRM) Will to develop a custom content management system for the IBZT website. This CRM system would apply to all areas of the proposed website as directed in the Website Architecture Plan (to be created). The CRM system will require a secure login in order to access it. The username and password is only known by IBZT and clients, thus allowing only you to modify the CRM website content. The system will be a smaller version of your public website and will contain such sections as Account Management, About Us and other account information. Each of these sections will have associated applications allowing you to modify site content. For example, under an "Account Management" section there would be a link to add a new account, edit an existing account and delete an account. This area will be custom developed for IBZT. The CRM creation will contain a dynamic database to store searchable customer information. Easy to use forms will allow the required information be provided quickly so the order entry will occur without delay. As well, we will setup a dynamic system to give access and permission for customers and administrators for easy to use management tools, such as "E-minders" automatic system reminders for clients and management. An integration of record keeping to any current record keeping system currently in place.