Exhibit 10.5
Summary of Terms of Verbal Lease with Sona Mobile Holdings Corp.
Parties: | Sona Mobile Holdings Corp. (landlord) and Fairground Media LLC (tenant). |
Scope: | Sona Mobile Holdings Corp. leased approximately 1,000 square feet of office space in Boulder, CO to Fairground Media. |
Rent: | $2,000/month. |
Term: | Month-to-month, beginning in August 2007 and ending in December 2007 when Fairground Media terminated the lease and vacated the premises. |