Webstar Technology Group Inc. Sample Contracts

EXCLUSIVE TECHNOLOGY MARKETING AND LICENSE AGREEMENT
Exclusive Technology Marketing and License Agreement • April 24th, 2020 • Webstar Technology Group Inc. • Services-prepackaged software • Florida

THIS EXCLUSIVE TECHNOLOGY MARKETING AND LICENSE AGREEMENT is made as of April 21, 2020 by and between SOFT TECH DEVELOPMENT CORP, a Florida corporation, having its principal executive office at 4231 Walnut Bend, Jacksonville, FL 32257 (“LICENSOR”), and WEBSTAR TECHNOLOGY GROUP, INC., a corporation organized under the laws of Wyoming and having a place of business at 4231 Walnut Bend, Jacksonville, FL 32257 (“LICENSEE”) (collectively the “PARTIES”).

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Amendment to Employment Agreement
Amendment to Employment Agreement • October 30th, 2018 • Webstar Technology Group Inc. • Services-prepackaged software

This Amendment to Employment Agreement (this “Amendment”) is executed and delivered as of May 15, 2018, by and between Webstar Technology Group, Inc. a Wyoming corporation (the “Company”) and David J. Herzfeld (“Executive”).

NON-QUALIFIED STOCK OPTION AGREEMENT
Non-Qualified Stock Option Agreement • March 29th, 2022 • Webstar Technology Group Inc. • Services-prepackaged software • Delaware

THIS NON-QUALIFIED STOCK OPTION AGREEMENT (“Agreement”) is made effective as of this 9th day of December, 2021 (“Grant Date”), between Harold E. Hutchins (“Optionee”) and Webstar Technology Group, Inc., a Wyoming corporation (the “Company”).

SECOND AMENDED AND RESTATED LETTER OF INTENT TO LICENSE GIGABYTE SLAYER SOFTWARE
License Gigabyte Slayer Software • October 30th, 2018 • Webstar Technology Group Inc. • Services-prepackaged software • Florida

This Second Amended and Restated Letter of Intent (the “Second Amended and Restated Letter of Intent”) is entered into this 28th day of September, 2018 by and among Soft Tech Development Corporation, and related entities (collectively, the “Licensor”) and Webstar Technology Group, Inc., a Wyoming corporation (collectively, the “Licensee”).

Form of Amendment to Employment Agreement
Employment Agreement • July 18th, 2018 • Webstar Technology Group Inc. • Services-prepackaged software

This Amendment to Employment Agreement (this “Amendment”) is executed and delivered as of March ___, 2018, by and between Webstar Technology Group, Inc. a Wyoming corporation (the “Company”) and ____________________________ (“Executive”).

Amendment to Employment Agreement
Amendment to Employment Agreement • October 30th, 2018 • Webstar Technology Group Inc. • Services-prepackaged software

This Amendment to Employment Agreement (this “Amendment”) is executed and delivered as of May 15, 2018, by and between Webstar Technology Group, Inc. a Wyoming corporation (the “Company”) and Eugene C. Fedele, Jr. (“Executive”).

Second Amendment to Intellectual Property Purchase Agreement
Intellectual Property Purchase Agreement • October 30th, 2018 • Webstar Technology Group Inc. • Services-prepackaged software • Florida

This Amendment to Intellectual Property Purchase Agreement (this “Amendment”) is executed and delivered as of June 30, 2018, by and between Webstar Technology Group, Inc. a Wyoming corporation (the “Company”) and Webstar Networks Corporation, a Florida corporation (“Webstar Networks”).

SETTLEMENT AGREEMENT TO COMPROMISE DEBT
Settlement Agreement • June 9th, 2022 • Webstar Technology Group Inc. • Services-prepackaged software

BETWEEN: Webstar Technology Group, Inc. (the Debtor), a corporation organized and existing under the laws of the State of Wyoming with its head office located at:

INTELLECTUAL PROPERTY PURCHASE AGREEMENT by and among Webstar Networks Corporation And Webstar Technology Group, Inc.
Intellectual Property Purchase Agreement • December 28th, 2017 • Webstar Technology Group Inc. • Wyoming

This Intellectual Property Purchase Agreement (this “Agreement”) is entered into as of the date first set forth above (the “Effective Date”) by and between (i) Webstar Technology Group, Inc., a Wyoming corporation (the “Buyer”), and (ii) Webstar Networks Corporation, a Florida corporation (“Seller”). Each of the Buyer and Seller may be referred to herein collectively as the “Parties” and separately as a “Party.”

Amendment to Intellectual Property Purchase Agreement
Intellectual Property Purchase Agreement • July 18th, 2018 • Webstar Technology Group Inc. • Services-prepackaged software • Florida

This Amendment to Intellectual Property Purchase Agreement (this “Amendment”) is executed and delivered as of May 12, 2018, by and between Webstar Technology Group, Inc. a Wyoming corporation (the “Company”) and Webstar Networks Corporation, a Florida corporation (“Webstar Networks”).

AMENDED AND RESTATED LETTER OF INTENT TO LICENSE WARP G SOFTWARE
License Warp G Software • December 28th, 2017 • Webstar Technology Group Inc. • Florida

This Preliminary Letter of Intent is entered into this 26 day of October, 2017 by and among Soft Tech Development Corporation, and related entities (collectively, the “Licensor”) and Webstar Technology Group, Inc., a Wyoming corporation (collectively, the “Licensee”).

FORM OF CORE EXECUTIVE EMPLOYMENT AGREEMENT
General Release and Agreement • July 3rd, 2019 • Webstar Technology Group Inc. • Services-prepackaged software • Florida

THIS EXECUTIVE EMPLOYMENT AGREEMENT (this “Agreement”), dated as of ________________, (the “Effective Date”) is made and entered by and between Webstar Technology Group, a Wyoming corporation (the “Company”), and _________________ (the “Executive”).

FORM OF SUBSCRIPTION AGREEMENT Common Stock of Webstar Technology Group, Inc.
Subscription Agreement • April 24th, 2020 • Webstar Technology Group Inc. • Services-prepackaged software • Wyoming

This subscription (this “Subscription”) is dated ____________, 202_, by and between the investor identified on the signature page hereto (the “Investor”) and Webstar Technology Group, Inc., a Wyoming corporation (the “Company”), whereby the parties agree as follows:

FORM OF EMPLOYMENT AGREEMENT
Employment Agreement • December 28th, 2017 • Webstar Technology Group Inc. • Wyoming

NOW THEREFORE, in consideration of the premises and the mutual covenants and agreements contained herein, the parties mutually covenant and agree as follows:

AMENDED EXECUTIVE EMPLOYMENT AGREEMENT
Employment Agreement • June 9th, 2022 • Webstar Technology Group Inc. • Services-prepackaged software

This AMENDED EXECUTIVE EMPLOYMENT AGREEMENT (“AMENDMENT’) is made as of the 3rd day of June 2022, by and between Webstar Technology Group, a Wyoming corporation and having its principal place of business at 4231 Walnut Bend, Jacksonville, Florida 32257 (the “Employer”) and James Owens, 4231 Walnut Bend, Jacksonville, Florida 32257 (the “Employee”), collectively the ‘PARTIES’.

ESCROW AGREEMENT
Escrow Agreement • April 24th, 2020 • Webstar Technology Group Inc. • Services-prepackaged software • Florida

This ESCROW AGREEMENT (the “Escrow Agreement”), dated as of [●], 2020, is by and among Webstar Technology Group, Inc., a Wyoming corporation (the “Company”), and Foley & Lardner LLP, a Wisconsin limited liability partnership (the “Escrow Agent”).

DIRECTOR AGREEMENT
Director Agreement • December 28th, 2017 • Webstar Technology Group Inc.

DIRECTOR AGREEMENT (this “Agreement”) made as of the ____ day of August, 2017 by and between Webstar Technology Group, Inc., a Wyoming corporation (the “Company”) and [__] (“Nominee”).

SECOND AMENDED AND RESTATED LETTER OF INTENT TO LICENSE WARP G SOFTWARE
License Warp G Software • October 30th, 2018 • Webstar Technology Group Inc. • Services-prepackaged software • Florida

This Second Amended and Restated Letter of Intent (the “Second Amended and Restated Letter of Intent”) is entered into this 28th day of September, 2018 by and among Soft Tech Development Corporation, and related entities (collectively, the “Licensor”) and Webstar Technology Group, Inc., a Wyoming corporation (collectively, the “Licensee”).

FORM OF CONSULTING AGREEMENT
Consulting Agreement • December 28th, 2017 • Webstar Technology Group Inc. • Florida

Consulting Agreement, dated as of [__] (the “Agreement”), by and between WEBSTAR TECHNOLOGY GROUP, INC., a Wyoming corporation, having its principal executive office at [__] (the “Company”), and [__], having a principal place of business located at [__] (the “Consultant”).

FORM OF SUBSCRIPTION AGREEMENT Common Stock of Webstar Technology Group, Inc.
Subscription Agreement • December 28th, 2017 • Webstar Technology Group Inc. • Wyoming

This subscription (this “Subscription”) is dated , 2017, by and between the investor identified on the signature page hereto (the “Investor”) and Webstar Technology Group, Inc., a Wyoming corporation (the “Company”), whereby the parties agree as follows:

AMENDED AND RESTATED CONSULTING AGREEMENT
And Restated Consulting Agreement • December 28th, 2017 • Webstar Technology Group Inc. • Florida

This Consulting Agreement, entered into this 16th day of August, 2017 (the “Agreement”), by and between WEBSTAR TECHNOLOGY GROUP, INC., a Wyoming corporation, having its principal executive office at 4231 Walnut Bend, Jacksonville, FL 32257 (the ‘Company”), and Mr. James Owens, having his registered office for Soft Tech Development Corporation at 4231 Walnut Bend, Jacksonville, FL 32257 (the ‘ Consultant”).

AMENDED AND RESTATED LETTER OF INTENT TO LICENSE GIGABYTE SLAYER SOFTWARE
License Gigabyte Slayer Software • December 28th, 2017 • Webstar Technology Group Inc. • Florida

This Preliminary Letter of Intent is entered into this 26 day of October, 2017 by and among Soft Tech Development Corporation, and related entities (collectively, the “Licensor”) and Webstar Technology Group, Inc., a Wyoming corporation (collectively, the “Licensee”).

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