Note 5. License Agreement
On March 11, 2011, the Company entered into a Licensing Agreement
(Licensing Agreement) with Eco Global Corp. a Nevada Corporation (Licensor) pursuant to
discussion between the Companys Chief Executive Officer (CEO) Daniel D. Correa and Eco Global Corps board of
directors that lead to the Company being granted an, exclusive license for certain territories for intellectual property
INCABLOCK developed by Licensor, principally comprising of a unique intellectual property for the production of Concrete
Interlocking Modular Blocks System, which can be safely and efficiently assembled without any mortar (the Technology). The
license includes the use of US patent No. 7,305,803 with an expiration date of May 16, 2025 and Trademarks under serial No.77/439,024.
The Company, with the IncaBlock technology, intends to design, manufacture and market customized concrete block products, interlocking
concrete blocks, roofing structures, light concrete aggregate panels and a "kit system" of a pre-fabricated houses or
structures on a standard format or custom made basis according to customer blue prints.
The term of the Licensing Agreement and of the rights, authorities
and licenses granted to the Licensee pursuant to the Licensing Agreement for (i) the Technology, (ii) any improvements of or to
the Technology, or (iii) any product which embodies the Technology or such improvements shall commence upon execution of this Agreement
and continue for thirty (30) years, provided that the Licensee is not in breach or default of any of the terms or conditions contained
in this Agreement.