A BEVY of FRESH information in the new ZSUN 10Q
Here is part of Exhibit 10.41
This Consulting Agreement ("Agreement") made on this 1st day of
January, 2000, by and between ZiaSun Technologies, Inc., a Nevada
corporation, located at 462 Stevens Avenue, Suite 106, Solana Beach,
California ("Client"), and CREDICO INC., a Nevada corporation,
located at 205 P. South Helix, #68, Solana Beach, California 92075
("Consultant"), is made in consideration of the mutual promises made
herein and set forth as follows:
Lets skip some of the boring bits, and move to Section 3.1 Compensation
3.1 M&A Fee: For each merger or acquisition consummated by Client
where Consultant is the procuring cause (i.e., the first communication
between Client and the third party occurs solely as the result of
Consultant's introduction), Consultant shall be granted a specified
number of shares of the surviving company, which number shall be
agreed upon between Consultant and Client in advance, and said
agreement shall be set forth in a writing executed by both parties and
attached to this Agreement. Upon execution and attachment, such
writing shall be incorporated herein and made a part hereof by this
reference ("M&A Fee"). The M&A Fee shall be due and payable to
Consultant within fifteen (15) days following the close of the
applicable transaction. Consultant acknowledges and understands
that if the stock which is issued is stock of ZiaSun Technologies,
Inc., it is unregistered, restricted stock, as more fully described
in the Memorandum from George G. Chachas, Esq., to ZiaSun
Technologies, Inc., dated February 17, 2000, and the SEC Release No.
33-7390, dated February 20, 1997, copies of which are attached hereto
as Exhibit "A" and made a part hereof by this reference. Consultant
agrees to fully comply with the requirements set forth in Exhibit
"A," as amended from time to time, and acknowledges that any
certificate(s) for shares of the Client issued pursuant to this
paragraph will contain the following restrictive legend:
Wondering just who is behind the powerful M&A force that is Credico?
Fast forward to section 4.3
4.3 Availability of Bryant Cragun: Consultant acknowledges and agrees
that a material consideration of this Agreement is that Bryant
Cragun shall be available to provide all services rendered to Client
by Consultant under this Agreement, therefore, the unavailability
of Bryant Cragun to perform such services shall constitute a material
breach of this Agreement.
The former ZSUN officer has returned! |
