0001104659-07-074955 Sample Contracts

CONFIDENTIAL DRAFT FOR DISCUSSION PURPOSES ONLY MASTER AGREEMENT
License Agreement • October 15th, 2007 • NETtime Solutions, Inc • Services-prepackaged software • New York

THIS MASTER AGREEMENT (this “Agreement”) is made and entered into as of the day of June, 2007, by and between Synel Industries Ltd., a corporation organized under the laws of Israel and having an office located at 2 Hamada Street, Yokneam, Israel, 20692 (“Synel”), and Paychex, Inc., located at 911 Panorama Trail South, Rochester, New York 14625-0397 (“Paychex”).

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