1. Investor. The
"registered" Investors, i.e., those investors which Consultant will introduce to
Client, will be named and listed by separate cover letter(s), and such letters)
shall be governed by, and included under the provisions of this Agreement as if
included herein.
Further, the compensation you
have agreed to pay Consultant shall be payable in the event any registered
investor, associate, co-investor or other entity procured by a "registered"
Investor purchases from, invests in or advances funds toward Client's project
and/or company. All are defined as an "Investor."
2. Initial Investment.
Should an Investor purchase, invest and/or loan monies, properties,
patents (or
anything of value) toward any of Client's projects and/or Client's company (all
defined as "Company"), regardless of the form such proceeds are so invested,
then Client agrees to pay Consultant six percent (6 %) of the proceeds (or
value) so purchased, invested and/or loaned to the Company. this compensation to
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Consultant shall be based upon
the gross amount invested, prior to any deductions, expenses or offsets of any
kind. Payment will be made by cashier's checks or money order payable to the
order of Consultant upon Client's receipt of funds (or value).
3. Other Investments.
Should Investor invest additionally In Client's Company after the initial
investment is made, Client will pay Consultant a fee of six percent (6%) of any
such additional funds (or value) later invested. This fee will be paid to
Consultant upon Client's receipt of funds (or value). These provisions for
compensation, as to other funding, shall last for a period of three (3) years
from the date any Investor first Invests In Client's Company.
4. Limitation of Service.
This Agreement relates solely to Consultant's services as a finder in
introducing Client to prospective investors. There are no additional services
that Consultant is required to perform to be entitled to the above compensation
in the event an investment is made.
Consultant will not engage in any
negotiations whatsoever on behalf of Client or any investor. Nor will Consultant
provide Client or any investor with information which may be used as a basis for
such negotiations. Consultant will have no responsibility for nor will
Consultant make recommendations concerning the terms, conditions or provisions
of any agreement between Client and an investor, including the manner or means
of consummating the transaction. |
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CONSULTANT REPRESENTS THAT IT IS
NOT A LICENSED SECURITIES DEALER, AND THAT THIS AGREEMENT IS NOT INTENDED FOR
T14E PURPOSE OF BUYING, SELLING OR TRADING SECURITIES.
5. Miscellaneous. This
Agreement shall be binding upon all parties and their respective estates, heirs,
successors and permitted assigns. This Agreement may be changed only by the
written consent of all parties. This Agreement may not be assigned by either
party without the written consent of the other. This Agreement is the entire
agreement between us. Should any legal proceeding be necessary to construe or
enforce the provisions or this Agreement, then the prevailing party in such
legal action shall be entitled to recover all court costs, reasonable attorney
fees and costs of enforcing or collecting any judgment awarded. The judgment by
any court of law that a particular section of this Agreement is illegal shall
not affect the validity of the remaining provisions.