Consulting Services, Non‐Disclosure and Non‐Compete Agreement

THIS CONSULTING SERVICES, NON‐DISCLOSURE AND NON‐COMPETE AGREEMENT

1. INSTRUCTOR SERVICES

“Instructor”
is an independent, authorized consultant of 101 Financial, LLC, (“101 Financial”).
Instructor agrees to consult with, advise and teach you regarding the following
service: A rapid mortgage reduction system and budget analysis developed by 101
Financial which is designed to shorten the duration of your current debt load,
resulting in a substantial savings of interest payments, as well as a money
management plan to assist you in the building of wealth (the “Services”.)

 

The
Services shall be provided to you as follows: (i) Instructor will personally
meet with you for three (3) consulting sessions, each approximately 1 to 1.5
hours long, and (ii) Instructor will provide to you a Student Manual that will explain
the Services in more detail. You will also have access to 101 Financial’s
Financial Analysis system, where you can set up a personal account to assist
you in following the debt‐reduction system outlined in the Services. You
acknowledge and agree that the Services DO NOT include any counseling or advice
regarding federal or state taxes, investment strategies or estate planning and
that the Instructor will not provide any such advice to you.

 

2. TUITION

In
exchange for the Services, you agree to pay 101 Financial the fee. All consulting fees are due upon
approval of your line of credit with the bank or other financial institution
(the establishment of which line of credit is required for the Services).

 

3. CONFIDENTIAL INFORMATION

Upon
execution of this Agreement and payment of the consulting fee, Instructor will
transfer confidential information to you concerning the 101 Money Management
System and other aspects of the Services. For purposes of this Agreement, “Confidential
Information” shall mean elements, facts or known facts pertaining to finance,
money management, mortgages, loans and debt management that, when reorganized
in an “unconventional” sequence of events, constitute the formation of a debt
elimination strategy describing the early retirement of a any amortized
liability.

 

Confidential
Information shall also include but not be limited to the following types of
information provided to you by Instructor and information of similar nature:
the Student Manual, software (in various stages of development), documentation,
diagrams, flowcharts, marketing and development plans, business plans,
financial information, student and/or member lists and other similar
information that is proprietary to and the confidential information of 101
Financial. Any and ALL Confidential Information disclosed by Instructor to you
shall remain the property of 101 Financial.

 

4. AGREEMENT NOT TO DISCLOSE

You
agree to use the Confidential Information ONLY for the purpose of evaluating
and using the Services. You agree not to disclose any Confidential Information
in any form to person(s) or entity(ies) outside of 101 Financial. You further agree
not to retain or use in any way any information written, digitally stored, or
otherwise concerning 101 Financial’s methods of operation, or transmit or reveal
any of such information to persons in competition with the Company. You shall
be under no obligation if any confidential information is or becomes part of
the public domain other than your breach of this Agreement.

 

5. PRIOR KNOWLEDGE

Inasmuch
as you may or may not have a knowledge of elements, facts or known facts
pertaining to finance, money management, mortgages, loans and debt management,
you hereby acknowledge NOT HAVING prior knowledge of reorganizing these
elements, facts or known facts in a manner that constitutes the formation of a “Financial
Organizational” strategy.

 

6. AGREEMENT NOT TO COMPETE

You
agree for yourself or in behalf of any person or business entity other than 101
Financial, not to compete with the business of 101 Financial within the United
States for a period of five (5) years following the date of this Agreement. The
term “not to compete” as used herein shall mean that you shall not own, manage,
operate, consult to or be employed in a business substantially similar to or
competitive with the present business of 101 Financial. In addition to all
other legal remedies for damages and attorney’s fees available to Company for
the enforcement of this covenant, the Company

shall
be entitled to an injunction by any court of competent jurisdiction to prevent
or restrain any breach or threatened breach hereof.

 

7. RETURN OF CONFIDENTIAL
INFORMATION

You
agree to return all Confidential Information and copies thereof to 101
Financial, or to destroy the same, at 101 Financial’s request, and provide 101
Financial with verification of such destruction.

 

8. NO PUBLICITY

You
agree that you will not, without prior written consent of 101 Financial, issue
any press release of announcement, including social media, or otherwise
disclose the existence or nature of this Agreement and/or any proposed business
relationship.

 

9. MISCELLANEOUS

You may
not assign this Agreement without the prior written consent of 101 Financial.
If any provision of this Agreement shall be held invalid in a court of law, the
remaining provisions shall be construed as if the invalid provision were not included
in this Agreement. Nothing herein shall be construed as a grant by 101
Financial of any license, directly or by implication, estoppels or otherwise,
in any confidential information. This Agreement terminates and supersedes all
prior

understanding
or agreements on the subject matter hereof. Only a further writing that is duly
executed by both parties may modify this Agreement. This Agreement shall be
governed by and construed in accordance with the laws of the State of Hawaii.
Headings used in this Agreement are provided for convenience only and shall not
be used to construe meaning or intent.

 

10. THIRD PARTY BENEFICIARY

The
parties acknowledge and agree that 101 Financial is an express third‐party
beneficiary of this Agreement and shall have the right to enforce all rights
and avail itself of all remedies granted to it hereunder.

 

11. LEGAL COUNSEL

By
checking the “agree to” box on the order form, you acknowledge that
you have consulted with an attorney, or that you have voluntarily chosen not to
do so, and that you fully understand and accept the legality, nature and consequences
of this Agreement, and that you are competent and voluntarily agree to all of
its terms. No party to this Agreement has wrongfully induced or coerced any
other party to make, enter into, sign and/or execute this Agreement.

 

IN
WITNESS WHEREOF the Parties hereto have caused this Agreement to be executed on
the date first of purchase and executed solely by your purchase