Item Price. Software Development $10,500 -------------------------------------------------------- ------- KNS Annual Tech Support - Basic (15% of subtotal amount) $ 1,575 -------------------------------------------------------- ------- Technical support for the first 60 days after the site deployment is already included as part of software development amount. PAYMENT SCHEDULE AND TERMS -------------------------- The payments will be scheduled in the following way. DATE MILESTONE PAYMENT PORTION (BASED ON TOTAL S/W DEVELOPMENT AMOUNT) ----- --------- ------------------------------------------------------- T+ 20 ML3 50% ----- --------- ------------------------------------------------------- T+ 49 ML7 50% ----- --------- ------------------------------------------------------- NYN will make each payment immediately upon successful execution of the milestone and no later than five working days from the date of successful milestone completion. In case the system will not reach production level performance, KNS will refund the 50% payment received in ML3. NYN can decide to purchase the 'Annual Tech Support Plan' 10 days before the expected project completion date. FOR NYN FOR KANAGA Name: /s/ ▇▇▇ ▇▇▇▇▇▇ Name: /s/ ▇▇▇▇▇▇ ▇▇▇▇▇▇ Title: Managing Dir. Title: Director Date: July 8 2005 Date: July 13, ▇▇▇▇ ▇▇▇▇▇▇▇▇ A: GMG FUNCTIONALITY DESCRIPTION ----------------------------------------- GMG FEATURES OVERVIEW --------------------- - Secured and user friendly Web interfaces for campaigning products. - Allows to conduct campaigns via Voice or Text messages - Schedule and management of campaigns - Create campaign for large number of users - Easy administration for campaign responses - Flexible HTTP over XML based communications interface with bulk-SMS provider gateway - H.323 based protocol interface with VoIP switch/router such as Cisco 5300 - Comprehensive reports and analysis tools GMG WILL SUPPORT FOLLOWING MAJOR FUNCTIONALITY MODULES ------------------------------------------------------
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Item Price. Software Development $10,500 -------------------------------------------------------- ------- KNS Annual Tech Support - Basic (15% of subtotal amount) $ 1,575 -------------------------------------------------------- ------- Technical support for the first 60 days after the site deployment is already included as part of software development amount. PAYMENT SCHEDULE AND TERMS -------------------------- The payments will be scheduled in the following way. DATE MILESTONE PAYMENT PORTION (BASED ON TOTAL S/W DEVELOPMENT AMOUNT) ----- --------- ------------------------------------------------------- T+ 20 ML3 50% ----- --------- ------------------------------------------------------- T+ 49 ML7 50% ----- --------- ------------------------------------------------------- NYN will make each payment immediately upon successful execution of the milestone and no later than five working days from the date of successful milestone completion. In case the system will not reach production level performance, KNS will refund the 50% payment received in ML3. NYN can decide to purchase the 'Annual Tech Support Plan' 10 days before the expected project completion date. FOR NYN FOR KANAGA Name: /s/ ▇▇▇ Ron Kallus N▇▇▇: /▇/ Sanjiv Parikh Title: M▇▇ Name: /s/ ▇▇▇▇▇▇ ▇▇▇▇▇▇ Title: Managing Dir. Title: Director Date: July 8 2005 Date: July 13, 2005 APPENDIX A: GMG FUNC▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇ A: GMG FUNCTIONALITY DESCRIPTION RIPTION ----------------------------------------- GMG FEATURES OVERVIEW --------------------- - Secured and user friendly Web interfaces for campaigning products. - Allows to conduct campaigns via Voice or Text messages - Schedule and management of campaigns - Create campaign for large number of users - Easy administration for campaign responses - Flexible HTTP over XML based communications interface with bulk-SMS provider gateway - H.323 based protocol interface with VoIP switch/router such as Cisco 5300 - Comprehensive reports and analysis tools GMG WILL SUPPORT FOLLOWING MAJOR FUNCTIONALITY MODULES ------------------------------------------------------
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