User Exchange Agreement Between PeopleString Corporation and AppsGenius Corp.
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Summary
PeopleString Corporation and AppsGenius Corp. entered into a one-year agreement, which can be terminated by either party with 15 days' notice. Under this agreement, AppsGenius encouraged users of its My Mad Millions app to sign up for PeopleString’s Reward String program, while PeopleString promoted the My Mad Millions app to its own user base. No money was exchanged between the parties. The agreement is essentially a mutual user referral arrangement and can be ended by either party at any time.
EX-10.6 3 fs1a20111ex10vi_apps.htm TERMS OF ORAL AGREEMENT fs1a20111ex10vi_apps.htm
Exhibit 10.6
EXHIBIT
Description of Terms of Agreement
Between PeopleString Corporation and AppsGenius Corp.
| - | Parties: PeopleString Corporation and Apps Genius Corp. |
| - | Duration of Agreement: 1 year or either party can terminate with 15 days notice |
| - | Consideration Paid: none |
| - | Services Performed by Apps Genius: Users of My Mad Millions were asked to sign up for free to PeopleString’s Reward String in order to receive their portion of My Mad Million’s earnings. |
| - | Services Performed by PeopleString: PeopleString marketed My Mad Millions to its user base in exchange for Apps Genius referring users to them. Basically a user exchange agreement. |
| - | Termination: by either party at any time |
