0001185185-12-000064 Sample Contracts

INNOVATIVES SOFTWARE TECHNOLOGIES, INC. 16540 POINTE VILLAGE DRIVE, SUITE 205 LUTZ, FLORIDA 33358
Binding Letter Agreement • January 12th, 2012 • Innovative Software Technologies Inc • Services-business services, nec • California

This Binding Letter of Agreement (“LOA”) is made effective January 10, 2012 as to our recent discussions relating to the acquisition of Galaxy Meds, , Inc., a Florida S corporation, and any other subsidiaries or affiliates, collectively, Galaxy (“G”) from the Shareholders of G (collectively, the “Seller” or “Shareholder”) by Innovative Software Technologies, Inc. (“IST”), a Delaware corporation through its wholly-owned subsidiary IST Global Healthcare Solutions, Inc. (“ISTGHS”), a Florida corporation, collectively (“Buyer”). Collectively, G, Seller and Buyer are referred to as the “Parties”.

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