TATUM L. MORITA c/o Gold Party Payday LLC
EXHIBIT 10.2
XXXXX X. XXXXXX
c/o Gold Party Payday LLC
0000 Xxxxxxxxxx Xxxx
Xxxxxxxxx, Xxxxxxxx 00000
September 20, 2011
Gold Party Payday, Inc.
0000 Xxxxxxxxxx Xxxx
Xxxxxxxxx, Xxxxxxxx 00000
Ladies and Gentlemen:
Xxxxx X. Xxxxxx hereby contributes to the capital of Gold Party Payday, Inc., a Delaware corporation (“GPPI”), effective as of the date hereof, 100% of the issued and outstanding membership interests of Gold Party Payday LLC, a Kentucky limited liability company, all of which membership interests are owned of record solely by Xx. Xxxxxx.
In exchange for such capital contribution, GPPI is issuing to Xx. Xxxxxx an aggregate of 4,000,000 shares of common stock, par value $0.00001 per share, of GPPI, constituting all of the currently issued and outstanding shares of common stock of GPPI. The parties acknowledge that the exchange is for fair consideration.
| Very truly yours, |
| /s/ Xxxxx X. Xxxxxx |
| Xxxxx X. Xxxxxx |
Accepted and Agreed as of
September 20, 2011
GOLD PARTY PAYDAY, INC.
| By: | /s/ Xxxxx X. Xxxxxx |
| Xxxxx X. Xxxxxx | |
| President and Chief Executive Officer |
