Agreement between Entranet, Inc. and Papageorgiou - Promissory Note

Agreement

This agreement (the “Agreement”) is made by and between Entranet Inc. a Florida corporation (hereafter “ENTRANET”); and Mr. Eleftherios Papageorgiou, an individual residing in Thessaloniki, Greece (hereafter “CEO” and collectively with “ENTRANET” the “Parties) on this 15^th day of May 2014 (the “Effective Date”).

Whereas ENTRANET is in the process of building its corporate structure, developing its U.S business and Going Public on the OTC-QB, and requires management and oversight of its day-to-day operations.

Whereas ENTRANET requires a full-time employee to perform certain services required for its corporate, U.S business and Going Public Transaction day-to-day management and CEO desires to perform such services as its full-time Chief Executive Officer.

NOW THEREFORE INTENDING TO BE LEGALLY BOUND, THE PARTIES AGREE AS FOLLOWS:

The Parties agree that the CEO will offer its services (the “Services”) exclusively to ENTRANET for a period of nineteen-and-a-half months starting on May 15^th 2014 and ending on December 31^st 2015 (the “Term”), and that the CEO will allocate up to 200 (two hundred) hours per month on average during the Term.

(A) ENTRANET will provide all necessary management and administrative assistance to support the implementation of its business plan and the roll-out of its U.S business, investor relations and investment plans.

(B) CEO will lead the management of ENTRANET and will be responsible for the business results. This includes responsibility over all operations, developments, technology. CEO will be responsible for all procedures within the company, including the creation and implementation of the business strategy, coordination of activity with all relevant divisions, constantly improving the synergy between different parts of the business. CEO will be responsible to demonstrate speedy business growth, and will update the shareholders with the results on a regular basis. CEO will be responsible for the full team efforts and results.

(C) CEO will oversee all administration, financial and commercial matters of ENTRANET, as well as marketing efforts and day-to-day business development, and will work closely with ENTRANET’s consultants, clients and third-party associates.

(D) Such other Services and assistance as CEO and ENTRANET will mutually deem reasonably necessary or appropriate to enhance ENTRANET’s business.

Dollars) and b) an incentive fee of 62,500 (sixty two thousand five hundred) shares of unregistered ENTRANET common stock (the “Shares”).

ENTRANET will pay CEO from investor equity and/or loan facilities and/or its operating profits. In case ENTRANET pays CEO from its operating profits, ENTRANET will allocate a minimum 9% (nine percent) of such operating profits until USD 97,500 is reached.

ENTRANET may pay CEO applicable bonuses in addition as are awarded by the Board of Directors from time to time based on performance, which may either be paid in stock or cash at the discretion of the Board.

Said salaries and fees are cumulative and net of expenses, taxes and withholdings, if any, and do not include additional fees which may be necessary from other professional advisors or regulatory agencies or other agreements between the Parties.

The Shares will be issued in the name of CEO and constitute a commencement incentive and consideration now earned, due and owing to CEO for entering into this Agreement and allocating its resources to ENTRANET’s account for the Term. ENTRANET acknowledges that CEO must forego other opportunities to enter into this Agreement. As such, the Shares are irrevocably earned as of the Effective Date, and ENTRANET agrees that it will take no action to cause the Shares to become canceled, voided or revoked, or the issuance thereof to be voided or terminated.