Common use of Performance by Client Clause in Contracts

Performance by Client. 1. Client is required to do a Standard & Poor's listing at the Client's expense. 2. Client is required to provide RAINBOW with all S&P listings on their attorney's stationary. 3. Client will provide its shareholder's with audited financials on a yearly basis and unaudited financials on a quarterly basis. 4. Client agrees to send RAINBOW, DTC sheets on a weekly basis. 5. Client agrees to provide RAINBOW with a complete shareholders list on a semi-annual basis. 6. Client will use its reasonable best efforts to register or qualify any shares of common stock of Client under the securities or blue sky laws of such jurisdictions as any broker or market maker may reasonably request and do any and all other acts and things wchich may be reasonably necessary or advisable to enable such broker or market maker to consummate the disposition in such jurisdictions of shares of common stock of Client, provided that the Client will not be required to (1) qualify generally to do business in any jurisdiction where it would not otherwise be required to qualify but for this Section and (2) subject itself to taxation in any such jurisdictions or (3) consent to general service of process in any such jurisdiction. The parties hereto by signing this Exhibit in the space provided below signify their agreement regarding the service to be provided by RAINBOW under the Agreement. Client: ▇▇▇▇▇▇▇▇▇▇.▇▇▇ By: ______________________ ▇▇▇▇▇▇ ▇▇▇▇▇, President Rainbow Communications, Inc. By: ______________________ ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇, President EXHIBIT B Client hereby designates the following person or persons to act on its behalf for the purposes set forth in Section 2.2 (1) of the Agreement. ▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇ ---------------------- ----------------------- DIRECTOR (PLEASE SIGN) DIRECTOR (PLEASE PRINT) ▇▇▇▇▇▇ ▇▇▇▇▇ ---------------------- ----------------------- PRESIDENT (PLEASE SIGN) PRESIDENT (PLEASE PRINT) ▇▇▇ ▇▇▇▇▇▇▇▇▇ ---------------------- ----------------------- VICE PRESIDENT (PLEASE SIGN) VP of Marketing(PLEASE PRINT) EXHIBIT C COMPENSATION 1. Client agrees to pay to RAINBOW Five Hundred Thousand and 00/100 Dollars ($500,000) in cash on execution and delivery of the Agreement or, at the option of Client, to issue to RAINBOW 466,918 shares of Common Stock in Client (the "Shares"), to be based upon the total issued upon completion of the Companies Reverse Merger/ or becoming a publicly traded company, which Shares shall be duly and validly issued, fully paid and nonassessable and shall not be issued in violation of any preemptive right of any stockholders of client. The Shares shall be issued in compliance with the exemption from the registration requirements of the Securities Act of 1933 (the "Act") provided by Section 4(2) of the Act and/or pursuant to Rules 505 or 506 of the General Rules and Regulation and Regulation under the Securities Act of 1933, or free trading if available.

Appears in 1 contract

Sources: Advertising and Promotional Services Agreement (Lazygrocer Com)

Performance by Client. 1. Client is required to do a Standard & Poor's listing at the Client's expense. 2. Client is required to provide RAINBOW CRG with all S&P S& P listings on their attorney's stationary. 3. Client will provide its shareholder's with audited financials on a yearly basis and unaudited financials on a quarterly basis. 4. Client agrees to send RAINBOWCRG, DTC sheets on a weekly basis. 5. Client agrees to provide RAINBOW CRG with a complete shareholders list on a semi-annual basis. 6. Client will use its reasonable best efforts to register or qualify any shares of common stock of Client under the securities or blue sky laws of such jurisdictions as any broker or market maker may reasonably request and do any and all other acts and things wchich which may be reasonably necessary or advisable to enable such broker or market maker to consummate the disposition in such jurisdictions of shares of common stock of Client, provided that the Client will not be required to (1) qualify generally to do business in any jurisdiction where it would not otherwise be required to qualify but for this Section and (2) subject itself to taxation in any such jurisdictions jurisdiction or (3) consent to general service of process in any such jurisdiction. The parties hereto by signing this Exhibit in the space provided below signify their agreement regarding the service to be provided by RAINBOW CRG under the Agreement. Client: ▇▇▇▇▇▇▇▇▇▇.▇▇▇ iLINK TELECOM, INC. By: ________________________________ ▇▇▇▇Amar Bahadoorsingh, Preside▇▇ ▇▇▇▇▇CORPORATE RELATIONS GROUP, President Rainbow Communications, Inc. INC. By: ________________________________ ▇▇▇▇▇▇Roberto E. Veitia, Presiden▇. ▇▇▇▇▇▇, President EXHIBIT B Client hereby designates the following person or persons to act on its behalf for the purposes set forth in Section 2.2 (12.B.(1) of the Agreement. ▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇ ---------------------- ----------------------- ------------------------------------ --------------------------------- DIRECTOR (PLEASE SIGN) DIRECTOR (PLEASE PRINT) ▇▇▇▇▇▇ ▇▇▇▇▇ ---------------------- ----------------------- ------------------------------------ --------------------------------- PRESIDENT (PLEASE SIGN) PRESIDENT (PLEASE PRINT) ▇▇▇ ▇▇▇▇▇▇▇▇▇ ---------------------- ----------------------- ------------------------------------ --------------------------------- VICE PRESIDENT (PLEASE SIGN) VP of Marketing(PLEASE VICE PRESIDENT (PLEASE PRINT) EXHIBIT C COMPENSATION 1. Client agrees to pay to RAINBOW Five Hundred CRG Forty Thousand and 00/100 Dollars ($500,00040,000.00 ) in cash on execution and delivery of the Agreement or, at Agreement. 2. Client acknowledges that the option of Client, to issue to RAINBOW 466,918 shares of Common Stock in Client (the "Shares"), consideration to be based upon paid to CRG shall be fully earned on the total issued upon date that CRG commences providing services under the Agreement regardless of whether the Agreement is terminated as provided in the Agreement prior to completion of all services. 3. Client agrees to pay or reimburse CRG for all expenses arising out of or related to the Companies Reverse Merger/ or becoming a publicly traded company, which Shares shall be duly and validly issued, fully paid and nonassessable and shall not be issued provision of services by CRG under the Agreement to the extent provided in violation of any preemptive right of any stockholders of clientthe Agreement and/or in Exhibit A thereto. The Shares shall be issued parties hereto by signing this Exhibit in compliance with the exemption from space provided below signify their agreement to the registration requirements of the Securities Act of 1933 (the "Act") provided by Section 4(2) of the Act and/or pursuant to Rules 505 or 506 of the General Rules and Regulation and Regulation under the Securities Act of 1933compensation provisions contained herein. iLINK TELECOM, or free trading if available.INC. By: _______________________________ Amar Bahadoorsingh, Preside▇▇ CORPORATE RELATIONS GROUP, INC. By: ______________________________ Roberto E. Veitia, Presiden▇ EXHIBIT D

Appears in 1 contract

Sources: Corporate Relations Agreement (Ilink Telecom Inc)