Common use of Compensation for the Services Clause in Contracts

Compensation for the Services. In consideration for the services rendered by Credit First, Company shall pay to Credit First as follows: A. Company shall pay to Credit First a fee of Three Million Five Hundred Thousand (3,500,000) shares of restricted stock of the company. This fee shall be non-refundable and considered earned when the shares are delivered. It is agreed that the fee shall be paid within 3 days after execution of this agreement. Credit First may designate third parties to be paid all or a portion of the fee by notifying Company. This agreement may be assigned to principles of Credit First to perform this service.