0001188112-08-001231 Sample Contracts

ASSET PURCHASE AGREEMENT
Asset Purchase Agreement • April 8th, 2008 • Visual Management Systems Inc • Metal mining • New York

This Asset Purchase Agreement (the “Agreement”) is made and entered into this 2nd day of April, 2008, by and between Visual Management Systems, Inc. a Nevada corporation, with an address of 1000 Industrial Way North Suite C, Toms River, NJ 08755 (“VMS”), Intelligent Digital Systems, LLC, a Delaware limited liability company, with an address of 543 Broadway, Massapequa, New York 11758, (“IDS”), IDS Patent Holding LLC, a New York limited liability company with an address of 543 Broadway, Massapequa, New York 11758 (“IPH”) and, solely with respect to Section 9 of this Agreement, Jay Russ, an individual maintaining a business address at 543 Broadway, Massapequa, New York 11758 (the “Member”).

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OPERATING AGREEMENT OF IDS PATENT HOLDING, LLC
Operating Agreement • April 8th, 2008 • Visual Management Systems Inc • Metal mining • New York

This Operating Agreement (“Agreement”), effective this 2nd day of April, 2008, is among IDS Patent Holding, LLC, a New York limited liability company (the “Company”), and the Members of the Company set forth on Schedule 2.3.

Registration Rights Agreement
Registration Rights Agreement • April 8th, 2008 • Visual Management Systems Inc • Metal mining • New York

THIS REGISTRATION RIGHTS AGREEMENT (the "Agreement") is made as of April 2, 2008 (the "Effective Date"), by and among Visual Management Systems, Inc., a Nevada corporation, with a principal place of business at 1000 Industrial Way North Suite C, Toms River, NJ 08755 (the "Company"), and Intelligent Digital Systems, LLC, a Delaware limited liability company (the “Holder”).

EXCLUSIVE PATENT AND TRADE SECRET LICENSE AGREEMENT
Exclusive Patent and Trade Secret License Agreement • April 8th, 2008 • Visual Management Systems Inc • Metal mining

This Exclusive Patent and Trade Secret License Agreement (this “Agreement”) is made effective as of April 2, 2008 by and between: Visual Management Systems, Inc, a Nevada corporation ("Licensee"), having its principal place of business at 1000 Industrial Way North Suite C, Toms River, NJ 08755; and IDS Patent Holding, LLC, a New York limited liability company ("the Licensor"), with a principal place of business at 543 Broadway, Massapequa, New York 11758 (each individually a “Party” to this Agreement or jointly the “Parties”).

Consulting Agreement
Consulting Agreement • April 8th, 2008 • Visual Management Systems Inc • Metal mining • New York

This Consulting Agreement (the "Agreement") is entered into as of this 2nd day of April, 2008, by and between Visual Management Systems, Inc., a Nevada corporation, with its principal place of business at 1000 Industrial Way North Suite C, Toms River, NJ 08755 (the “Company”) and Jay Edmond Russ, an individual ("Consultant").

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