Alphacom Holdings Inc. (fka AHAD)

[ALERTS100%to10000%GAIN]

MTUU~~ ITEM 1.01 ENTRY INTO A MATERIAL DEFINITIVE AGREEMENT.



On February 7, 2018, we entered into and executed an Exclusive License and Distribution Agreement (“License Agreement”) with HeadWind Technologies Ltd. (“HeadWind”) whereby we were granted various Intellectual Property Rights related to owner, inventor, and creator of the “Wind Shark” a new type of self-starting, vertical axis wind turbine created to change the way low wind turbines are defined (the “Product”). Pursuant to the terms of the License Agreement, we acquired the rights to further develop, commercialize, market and distribute certain proprietary inventions and know-how related to the Products. In exchange there shall be licensee fee of four hundred thousand dollars ($400,000), paid in tranches as set forth in the Licensee Agreement, and continuing royalty (the "Royalty") equal to three percent (3%) of the gross sales price for sales of all Products.



The foregoing summary of the terms of the Exclusive License and Distribution Agreement, is qualified in its entirety by the complete copy of the Exclusive License and Distribution Agreement which is attached hereto as Exhibit 10.01 and is incorporated by reference herein.