Hightec Inc Sample Contracts

Hightec Inc – STOCK PURCHASE OPTION AGREEMENT (December 18th, 1996)

1 PAGE 34 Exhibit 7.6 Stock Purchase Option Agreement STOCK PURCHASE OPTION AGREEMENT This Stock Purchase Option Agreement is entered into this 6th day of December, 1996 by and between OTC Emerging Growth fund and its subsidiary, IPO Network, Inc., Larry Stockett and , collectively referred to hereinafter as "Sellers"), located at 99 Marinero Circle, #201, Tiburon, CA 94920, and Hightec, Inc. as ("Buyer").. Whereas Seller desires to sell and Buyer desires to buy an option to acquire 100% of the issued and outstanding shares owned by Sellers of the IPO Network, Inc. including the assets more fully described herein, Now therefore, for valuable consideration, the parties hereby agree as follows: 1. SELLER'S AGREEMENT TO SELL AND BUYER'S AGREEMENT TO PURCHASE 100% OF THE ISSUED AND OUTSTANDING STOCK OF THE IPO NETWORK, INC., INCLUDING THE FOLLOWING ASSETS OF IPO NETWORK INC., DESCRIBED MORE FULLY IN THE PARAGRAPHS BELOW. a. IPO televisi

Hightec Inc – SECURITY AGREEMENT (December 18th, 1996)

1 PAGE 19 Exhibit 7.2 Security Agreement 3248 SECURITY AGREEMENT THIS SECURITY AGREEMENT (the "Agreement") is entered into and effective as of November 20, 1996 by and between LARRY A. STOCKETT (the "DEBTOR"), EFM VENTURE GROUP, INC., a California corporation ("EFM") and COMPLETE SECURITY SERVICE DEFINED BENEFITS PENSION TRUST ("CSS") (collectively the "SECURED PARTY") and CARMINE J. BUA, III, ESQ. ("ESCROW HOLDER"). 1. RECITALS This Agreement is entered into with reference to and in contemplation of the following facts, circumstances and representations: 1. DEBTOR is desirous of obtaining financing in the amount of ONE HUNDRED SIXTY THOUSAND DOLLARS ($160,000.00) from the SECURED PARTY as evidenced by that certain Promissory Note attached hereto as Exhibit "A" (the "Note"". 2. In consideration of the Note, the DEBTOR ag

Hightec Inc – STOCK ESCROW AGREEMENT (December 18th, 1996)

1 PAGE 23 Exhibit 7.3 Stock Escrow Agreement 3248 STOCK ESCROW AGREEMENT THIS STOCK ESCROW AGREEMENT (the "Agreement") is entered into and effective as of November 20, 1996 by and between EFM VENTURE GROUP, INC., a California corporation ("EFM"), COMPLETE SECURITY SERVICE DEFINED BENEFITS PENSION TRUST ("CSS"), STOCKWORKS USA, INC. a Delaware corporation ("STOCKWORKS"), with EFM, CSS and STOCKWORKS also being collectively referred to herein as the "SHAREHOLDERS", LARRY A. STOCKETT and his designees collectively referred to herein as "STOCKETT", and HIGHTEC, INC., a Delaware corporation ("HIGHTEC" or the "COMPANY") and CARMINE J. BUA, III, ESQ., ("ESCROW HOLDER"). 1. RECITALS This Agreement is entered into with reference to and in contemplation of the following facts, circumstances and representations: 1. The SHAREHOLDERS will collectively own a total of 799,602 sh

Hightec Inc – PROMISSORY NOTE (December 18th, 1996)

1 PAGE 29 Exhibit 7.4 Promissory Note 3248 EXHIBIT "A" PROMISSORY NOTE $160,000.00 San Diego, California November 20, 1996 The undersigned, LARRY A. STOCKETT, in consideration of the purchase of certain shares of common stock of HIGHTEC, INC., a Delaware corporation, (the "Shares") hereby promises to pay to EFM VENTURE GROUP, INC., a California corporation ("EFM") and COMPLETE SECURITY SERVICE DEFINED BENEFITS PENSION TRUST ("CSS") the sum of ONE HUNDRED SIXTY THOUSAND DOLLARS ($160,000.00) with interest at the rate of ten percent (10%) per annum and which shall be all due and payable ninety (90) days from the execution of that certain Stock Purchase and Escrow Agreement with respect to the Shares (the "Agreement"). Interest shall commence from the date of execution of the Agreement. The holder of this Note at his option may extend the payment due date of the Note. The

Hightec Inc – STOCK PURCHASE AND ESCROW AGREEMENT (December 18th, 1996)

1 PAGE 8 Exhibit 7.1 Stock Purchase and Escrow Agreement 3248 STOCK PURCHASE AND ESCROW AGREEMENT THIS STOCK PURCHASE AND ESCROW AGREEMENT (the "Agreement") is entered into and effective as of November 20, 1996 by and between EFM VENTURE GROUP, INC., a California corporation ("EFM"), COMPLETE SECURITY SERVICE DEFINED BENEFITS PENSION TRUST ("CSS") with EFM and CSS also being collectively referred to herein as the "SELLERS", LARRY A. STOCKETT and his designees collectively referred to herein as "STOCKETT", and HIGHTEC, INC., a Delaware corporation ("HIGHTEC" or the "COMPANY"). 1. RECITALS This Agreement is entered into with reference to and in contemplation of the following facts, circumstances and representations: 1. The SELLERS desire to sell a collective total of 6,793,243 shares of common stock of HIGHTEC (the "Shares") to the BUYER and the BUYER desires to p

Hightec Inc – 3) All other provisions of the Stock Escrow Agreement are to remain unchanged. (December 18th, 1996)

1 PAGE 39 Exhibit 7.8 Escrow Instructions The undersigned, signatory to a Stock Escrow Agreement effective November 20, 1996, hereby instruct Carmine J. Bua, Esq., the Escrow Holder, as follows: 1) The Escrow Holder is to release 62,000 shares to Complete Security Service Defined Benefits Pension Trust. 2) The Escrow Holder is to release 50,000 shares to EFM Venture Group, Inc. 3) All other provisions of the Stock Escrow Agreement are to remain unchanged. The above instructions are in accordance with paragraphs 2.52 (Delivery of Shares) and 3.4 (Modification of Agreement) of the Stock Escrow Agreement. These Escrow Instructions are effective as of December 16, 1996 and may be signed in counterparts and facsimile signatures are valid. EFM VENTURE GROUP, INC. /S/ BETTY N. MYERS ------------------------------ Betty N. Myers, President COMPLETE SECURITY SERVICE DEFINED BENEFITS PENSION TRUST /S/ MALCOLM D. CAMPBELL ------------------------------ Malcolm D. Campbell, Tru