0001144204-04-009890 Sample Contracts

DEVELOPMENT AGREEMENT
Development Agreement • July 13th, 2004 • Mobilepro Corp • Telephone & telegraph apparatus • Maryland

THIS DEVELOPMENT AGREEMENT (“Agreement”) is made this 8th day of June, 2004, by and between Mobilepro Corp., a Delaware corporation, and NeoReach, Inc., a Delaware corporation, each having its principal office at 6701 Democracy Blvd, Suite 300, Bethesda, Maryland 20817, USA, (collectively, “Mobilepro”), on the one hand, and Information and Communications University, a university organized and existing under the laws of the Republic of Korea, having its principal place of business at 119, Mujiro Yuseong-gu, Dae-jeon the Republic of Korea (“ICU”).

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