My scanner ocr sucks , but here is the contract with Mac 10 rapper and DCGR,, understand Mac 10 will feature DCGR's ghetto puffs on his videos.. and get royalties per each cigar sold ,,
II 317-C WOK Pink
Boca @, F@ 33428
ME, 7WE -WARK lil- CMA&
May 21,1998 Via Facsimile ($61) 983-2186 Dear Don:
it was a rokaing pleasure to meet with you oW Dmis the other day At this time I would like to memorialize in writing @ I belim to be ft deal points.
I A "Mack 10' cigar line will be created which may featw-c more than one distinguishable cigar For example, ú lower priced *Gbono Bhus", a higher priced "Premium" cigar and a "Female" version.
2. We sM[l have f" VWval rights an all tobacco bleeds, logos, names, photos and advertisements in c with dw MW promotion of ft c@.
3, Mack 10 shall @ve an approximate minimum of One Dollar ($1.00) per cigar, which price may fluctuate and be @isted upon @ base price of the cigar.
4. Hwvcy ions, Inc. "I receive an approximate minimum of One Dollar (51.00) per cigar, which price may wJ be depending upon dw ban O" of the cigar. This amount shall be divided and @ in &cc with dw specifications provided by Rick Langley, Kerry Gordy and Desirce Gordy,
5 All monies shall be collmed and paid (every 30 days) by a pre-approved designated third-party accountant or business
6. As a bom3s, Mack 10 sM[l receive 250,000 shares of 144 Stock upon the execution of a more formal a@ent (&flood below).
7 ThemshalibeanaptionfoFanadditioniiloni'm@ilion(I.000,000)sharesolrstockatthefoitowingrates(in inc@o(250,000pcri!pfim): lstoptimWper*are:2ndoptionWpershare,3rdoption @pqr share and 4th option @pw dwc. One-half of said @s shall be available to Mack IO and one-half of said shares dWi be available to us.1,2-5
S. The Wtat MM to mm into a more formal agreement, based upon good faith negotiations, which shall in lly similar to those ad forth @vc. Very truly
cc: Ma LMIJOY a @ C"* DD&mj 709$ It fly I @ 9"6W CA *A=#-t,903 Pt (2131974-)'Pli I" (211) 974 4510 05/21/1998 14:01 213-874-4590 PAGE 01
D
Mr. Dan P@ Dominican Cigw C II 317-C Wag Park Road Roca Rom. F@ 33421
via Facsimile May 21, 1998 (561) 983-2)96
Dear L)on@ forth below Refereme my @r to you even date, which by this reference is irworpof&ted herein I have set , d @n obl4Wions NW MM@ons that will be me& on Mack I os @if which shall be inc u ed in our deal mom
1. "Mack iom will make himself reasonably
to be @.
for promotion&, pwrses in connection with the cigar line
2. Sub@ to his av*iMilitY, be Shall record promotional "jingles" to advertise the cigars.
3 If thm 8 WC M prohibitive, he shall use reasonable effons to cause his record label to include an inwo in his compact diw package for the sale or advertisement of @ cigar. (The label needs a minimum of 8
weeks @ @). 4@ Mack Io will warrant wA @sent that be owns the right, title, interest and trademark in and to the name "@k 10". If the foregoing mew with your approval, kindly indicate by signing in the space provided below and foxing it back to me. ACCEPTFD AND AGREED@ Very truly @s, Dominican Cigar Corporation
ce- Rick @lay Ckirdy 10 E)MMI
7c"s 6W 11 It CA I=#.$,VO) It (213) 97i#- I'll 9 P" (2 III 914 4 SIO 13. LEGAL REPRESENTATION
The parties agree and acknow@ that Jeffrey G. Klein has rformed legal services by and on behalf of the Seller, the Purchaser and treir respective principals. The parties specifically waive and disclaim any conflicts of interest that may have resulted from this representation. The parties further agree and acknow@ that during the course of this representation Nr. Klein has not cow into possession of any confidential material which could be used to the detriment of the other.
for purposes of this t, it is agreed and understood that 14r. Klein represents the Purchaser. Seller acknowledges that Mr. Klein has urged the Seller to retain independent counsel to represent the Seller in this transaction and that Seller has chosen not to seek independent counsel..
IN WITNESS WHEREOF, the parties hereto have signed this Agreement under seal on the day and year first above written.
SELLER: O.S.C. of ROCA, INC.
ATTEST:
BY:
Purchaser: NULBERRY STREET GOURNET CORP.
ATTEST:
Shown actual size and 200%. Colors: Black - Black Ink, White = Silver Foil
|