PATENT LICENSE AGREEMENT
Effective as of October 15, 2007, ("Effective Date"), MARK BRUK , an individual having a place of
residence at #302 - 738 Broughton Street, Vancouver, British Columbia, Canada V6G3A7 ("BRUK"),
and KUNEKT CORPORATION , a Nevada corporation having a principal place of business at 112
North Curry Street, Carson City, Nevada, U.S.A. 89703-4934 ("LICENSEE"), agree as follows:
WHEREAS , BRUK is the inventor and owns all right, title and interest in and to the Invention and the
Licensed Patent application, which Invention is in the field of financial account cards.
WHEREAS , BRUK desires to have the Invention perfected and marketed at the earliest possible time
in order that products resulting therefrom may be available for public use and benefit.
WHEREAS , LICENSEE desires a license under said Invention and/or Licensed Patent(s) to develop,
manufacture, use, and sell the Licensed Products and Related Services in the Licensed Field of Use.
WHEREAS , BRUK is willing to grant a license under the License Patent in accordance with the terms
and conditions set forth in this Agreement.
NOW, THEREFORE , in consideration of the mutual promises, terms and conditions hereinafter set
forth, the parties hereby agree as follows:
"Agreement" means this Patent License Agreement.
"Invention" means the system and methods defined in the Licensed Patent.
"Licensed Field of Use" means all fields of use.
"Licensed Patent" means any Letters Patent issued upon BRUK's United States Patent Application,
"METHOD AND SYSTEM FOR PROCESSING FINANCIAL TRANSACTIONS USING
MULTIPLE FINANCIAL ACCOUNTS", Serial Number #11/809,031, filed with the United States
Patent and Trademark Office on May 31, 2007; or any foreign patents corresponding thereto, and/or
any divisions, continuations, or reissue thereof.
"Licensed Products and Related Services" means any product and/or service, or part thereof, in the
Licensed Field of Use, the manufacture, use, offer for sale, sale,