GARRETT COLLEGE GARRETT INFORMATION ENTERPRISE CENTER LEASE AGREEMENT

THIS AGREEMENT , made this 1st day of June , 2006, by and between Garrett College “Lessor”, and: Solution Technology International “Lessee”.

1.

Recitals

1.1

Garrett College (the “College”) is a public community college accredited in the State of Maryland.

1.2

The College has a mission to support both the educational and economic needs of the community.

1.3

The College in furtherance of this mission has, with the support and cooperation of Garrett County, Maryland, government, local economic development, the State of Maryland, the Economic Development Administration and the Appalachian Regional Commission, constructed a facility known as the Garrett Information Enterprise Center (GIEC).

1.4

GIEC, owned and operated by the College, consists of approximately 20,000 square feet including 20 offices of varying sizes ranging from 300 square feet to 1,250 square feet, as well as common areas including the main and secondary entrances, the main lobby, central restrooms, the kitchenette, and a conference room.

1.5

GIEC’s mission is to support the economic growth of Garrett County by creating an environment for facilitating the successful development of information intensive companies.

2.

Lease/Rental Agreement

2.1

Space Description

2.1.1

The Lessor leases unto the Lessee the premises (the “Premises”) known and described as room(s) numbered 111 containing 1,163 net usable square feet of space.

2.1.2

Lessee also has the right to use of corridors and common areas in accordance with established policies, all as shown on the plat of the Premises in Exhibit 1 attached hereto including the main and secondary entrances, the main lobby, the central restrooms, the kitchenette, and the conference room through appropriate reservations. The total billable square feet is 1696 at $10.00 per square foot.

2.2

Security Deposit

The Lessee shall, prior to occupancy, post a security deposit equal to two (2) months rent. Upon expiration or termination of the Lease, the security deposit will be returned to the Lessee, less any rent due and/or costs to repair damages to the Premises occasioned by Lessee’s use and occupation thereof. Promptly after expiration or termination of the Lease, Lessor will inspect the Premises and notify Lessee, in writing, of any sum to be retained by Lessor from the security deposit and an explanation of such retention, including copies of any estimates of damage, if any. The Lessee shall surrender the premises in the condition in which it was received, ordinary wear and tear excepted.

2.3

Rental Payment

2.3.1

The term of the Lease shall be for one (1) year. The Lease shall commence and the Lessee shall begin to pay rent upon 1 ^st Day of June, 2006.

2.3.2

The rent due by Lessee to Lessor is $16,960.00 per annum, payable in equal monthly installments of $ 1,414.00.

2.3.3

Rental payments shall be payable to the Lessor during normal business hours and shall be due on the first business day of the month. In the event that the Lease commences after the first day of the month, the rental payment amount will be prorated accordingly.

2.3.4

Payments to the Lessor pursuant to paragraph 2.3.3 of this Lease shall be made no later than five (5) days after the due date. Any payment more than five (5) days late shall be subject to a late payment fee of five percent (5%) of the amount more than five (5) days in arrears.

2.4

Renewal Options

Lessee shall have the option to renew this Lease subject to the same terms and conditions except that the renewal rent may be renegotiated. The Lessee agrees to complete the Incubating Tenant Lease Renewal/Non-Renewal Form and submit to the Lessor not less than ninety (90) days advance written notice of its intention to renew the Lease.

2.5

Holding Over

The continued occupancy of the Premises by the Lessee after the initial term, or any renewal thereof as herein provided (the expiration date), shall create a tenancy at will, subject to all the terms and conditions of this Lease except that the Lessor shall be entitled to double rent for any such period.

2.6

Waiver of Conditions

The waiver at any time by the Lessor or the Lessee of any particular covenant or condition of the Lease shall extend to the particular case only, for the particular time and in the particular manner specified, and such waiver shall not be construed or understood as waiving any further or other rights of any character whatever.

2.7

During the term of this Lease, or any renewal thereof s provided in §2.5 hereof, Lessee shall have the option to lease by separate agreement any unoccupied space adjacent to the demised premises. In the event of inquiry by a third party expressing an interest in leasing any such adjacent space, Lessee shall have fifteen (15) days from the date of written notice from Lessor of any such interest to exercise the option; provided, however, that Lessee is not in default of any of the provisions of this Lease. Exercise of the option shall be in writing directed to the Lessor.

3.

Facilities: Usage & Responsibilities

3.1

Parking

During the term of this Lease, the Lessee shall have the privilege of use in common parking spaces in the Lessor’s parking lot free of charge.

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