Effective on May 1, 2016, the Board of Directors of Epcylon Technologies Inc. authorized and approved the execution of that certain three-year master services agreement between AmTote International Inc. and Mobilotto Systems, Inc. pursuant to which AmTote International desires to license certain assets of Mobilotto for the purpose of incorporating the assets into the Amtote International application. The assets include, but not limited to, the following (collectively, the “Mobilotto Assets”): (i) the Mobilotto Platform, which is the proprietary platform that enables the services to be provided by Mobilotto pursuant to statement of works (collectively, the “SOWs”); (ii) Mobilotto Application, which is the application controlled, operated and offered by Mobilotto to AmTote International as set in the SOW; (iii) Mobilotto’s confidential information and intellectual property rights; (iii) API which is the application programming interface to the Mobilotto platform and related documentation that describes the protocol, privacy management, message types, value added services, connectivity options, authentication and authorization procedures, rules, requirements, restrictions and policies for accessing the Mobilotto platform; and (iv) Mobilotto content and documentation. Mobilotto agrees to offer the Mobilotto Assets for use by AmTote International and AmTote agrees to use the Mobilotto Assets in accordance with the SOWs. Mobilotto shall host and maintain the Mobilotto Platform accessible to AmTote International and further AmTote International and Mobilotto shall negotiate and execute one or more SOWs, which shall set out the scope of the deliverables and services to be provided by Mobilotto to AmTote International pursuant to the terms of the Master Service Agreement. In accordance with the terms and provisions of the Master Service Agreement, Mobilotto granted to AmTote International a non-exclusive, non-sublicensable and non-transferable limited license to: (i) integrate and embed the Mobilotto Assets with the AmTote platform in order to offer and provide the AmTote International application to its client or enable active clients to offer and provide to end users; (ii) use the documentation in connection with the use of the Mobilotto Assets; (iii) use the intellectual property rights related to the Mobilotto Assets, including certain patents; (iv) distribute the content as part of the AmTote International application to clients; and (v) market the AmTote International application. In further accordance with the terms and provisions of the Master Service Agreement, AmTote International shall pay to Mobilotto the service fees specified in the respective SOW. Such service fees and expenses shall be calculated by Mobilotto on a monthly invoice and invoiced to AmTote International within 15 days after the end of each month.