Contract

Note Regarding this Exhibit:  This document provides a written description of an oral contract entered into between OneUp Innovations, Inc. and Xxx Xxxxx on July 25, 2008.

Parties:

Xxx Xxxxx (“Lender”)

Director

OneUp Innovations, Inc.

0000 Xxxxxxx Xxxxxxxxxx Xxxxx

Atlanta, GA 30360

OneUp Innovations, Inc. (the “Company”)

0000 Xxxxxxx Xxxxxxxxxx Xxxxx

Atlanta, GA 30360

Date:

July 25, 2008

Material Terms:

This oral contract was for a subordinated note payable.  The Lender agreed to provide the Company with loans from time to time to supplement the working capital of the Company. These loans are unsecured and are subordinated to any and all other loans that the Company may have.

Interest on any loans accrues at the Prime Lending rate. The loans have no specific maturity and are payable upon demand, if the Company has the ability (and the right) to repay them.