Kbs Technologies Inc Sample Contracts

Pacific Oil Inc – STOCK PURCHASE AND EXCHANGE AGREEMENT (August 14th, 2000)

STOCK PURCHASE AND EXCHANGE AGREEMENT THIS STOCK PURCHASE AND EXCHANGE AGREEMENT ("Agreement") is executed and entered into effective the date set forth below by and between KBS Technologies, Inc. ("KBS") and Denver Oil & Mineral Corporation. ("Denver"). WHEREAS, Denver owns a non-cost bearing overriding royalty interest in the oil and gas mineral estate in US federal waters on the Outer Continental Shelf off the coast of California as described in Exhibit A hereto (Royalty); and WHEREAS, KBS has filed a Form 10-SB with the SEC and has cleared all comments from the SEC with respect thereto; and WHEREAS, Denver desires to exchange the Royalty for common stock of KBS, and KBS desires to acquire the Royalty in exchange for the issuance of its common stock to Denver therefor; and WHEREAS, the parties have set forth herein the terms and conditions upon which the exchange of KBS shares for the Royalty will take place. NOW, THEREFORE, for other good

Kbs Technologies Inc – 2000 INCENTIVE STOCK OPTION PLAN (April 24th, 2000)

KBS TECHNOLOGIES, INC. 2000 INCENTIVE STOCK OPTION PLAN 1. Purpose of the Plan. The KBS TECHNOLOGIES, INC. 2000 Incentive Stock Option Plan ("Plan") is intended to advance the interests of KBS TECHNOLOGIES, INC. ("Company") by providing its officers and other key employees who have substantial responsibility for the direction and management of the Company with incentive for them to promote its success, to increase their proprietary interest in the Company, and to encourage them to remain in its employ. The above aims will be effectuated through the granting of certain stock options to purchase shares of the common stock of the Company ("Common Stock"). It is intended that options granted under the Plan and designated by the Committee under Paragraph 2 will qualify as Incentive Stock Options ("Options") under Section 422A of the Internal Revenue Code of 1954, as amended ("Code"), and

Kbs Technologies Inc – Confidentiality and Consulting Agreement (April 24th, 2000)

Confidentiality and Consulting Agreement This Agreement ("Agreement") is entered into effective February 15, 2000 by and between KBS TECHNOLOGIES, INC.("KBS") and Brad White ("Consultant"). Whereas, Consultant desires to work as a consultant for KBS, to acknowledge the ownership of the property of KBS, and to agreed to keep confidential and preserve to value for KBS of the confidential information of KBS as a condition of Consultant's compensation and benefits received for services rendered for KBS. For compensation to be paid and Consultant benefits to be received and for other good and valuable consideration, the receipt, adequacy and sufficiency of which is hereby acknowledged, the parties agree as follows: 1. Consultant agrees to become an Consultant of KBS, and KBS agrees to engage Consultant as an Consultant of KBS, upon the terms and con

Kbs Technologies Inc – LICENSE AGREEMENT (April 24th, 2000)

LICENSE AGREEMENT BETWEEN KBS TECHNOLOGIES, INC. AND BRADFORD P. WHITE THIS LICENSE AGREEMENT ("Agreement") is entered into by and between KBS TECHNOLOGIES, INC. ("KBS") and BRADFORD P. WHITE ("WHITE"). WHEREAS, WHITE owns all the rights, titles and interests in and to certain proprietary, unique Internet technologies, relating to the architecture, creation and design of personal and business web sites on the world wide web, and related processes, together with all improvements, modifications, and changes heretofore and hereafter made by WHITE while this Agreement remains in effect and any and all other intellectual property rights therein ("Invention"); and WHEREAS, KBS desires to acquire, and WHITE desires to grant to KBS, a worldwide license to use, exploi

Kbs Technologies Inc – PROMISSORY NOTE (April 24th, 2000)

PROMISSORY NOTE TULSA, OKLAHOMA $2,500 February 18, 2000 FOR VALUE RECEIVED, KBS Technologies, Inc. ("Borrower") hereby promises to pay to the order of Kipp Slicker ("Holder") the principal amount of Twenty-Five Hundred and no/dollars ($2,500) plus interest in installments as set forth herein. 1. Installments. The principal and interest outstanding shall be payable on demand. 2. Interest Rate. Prior to an event of default, the obligations arising hereunder shall bear interest at the rate of 10% per annum. Upon and during the continuation of an event of default, the unpaid balance of this Note shall bear interest at the rate of 14% per annum. 3. Maximum Interest Rate. Notwithstanding any provision herein, Holder shall never be entitled to receive, collect or ap

Kbs Technologies Inc – OFFICER/DIRECTOR INDEMNIFICATION AGREEMENT (April 24th, 2000)

KBS TECHNOLOGIES, INC. OFFICER/DIRECTOR INDEMNIFICATION AGREEMENT THIS AGREEMENT ("Agreement") is entered into and effective this 11th day of February, 2000, by and between KBS TECHNOLOGIES, INC., an Oklahoma KBS ("KBS"), and Kipp Slicker ("Indemnified Party"). WHEREAS, the Board of Directors has determined that it is in the best interest of the KBS and its shareholders to agree to indemnify Indemnified Party (who is a Director and/or Officer of KBS) from and against certain liabilities for actions taken by the Indemnified Party during the performance of tasks for KBS. NOW, THEREFORE, in consideration of the premises and for other good and valuable consideration, the receipt, adequacy and sufficiency of which is hereby acknowledged, the parties hereto agree as follows: 1. Indemnification. KBS hereby agrees to indemnify and hold harmless Indemnified Party to the maximum extent pos