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