INDEMNIFICATION AND PLEDGE AGREEMENTIndemnification and Pledge Agreement • July 24th, 2009 • Qnective, Inc. • Services-miscellaneous business services • New York
Indemnification and Pledge Agreement (this “Agreement”) dated as of July 20, 2009, by and among Qnective, Inc., a Nevada corporation ("Qnective" or the “Corporation”), Capella IV LLC, a Nevis limited liability company with an address at P.O. Box 315 Daly Building, Prince William Street, Charleston, Nevis (“Capella”), Connwards Management, Inc., a Belize corporation with an address c/o Michael Kang, 6925 Angus Drive, Vancouver, BC V6P-5J4 Canada (“Connwards”) and Kang Young-Ho (a/k/a Michael Kang), an individual with an address at 6925 Angus Drive, Vancouver, BC V6P-5J4 Canada(“Kang”).
