EXHIBIT 10.5
SUPPLEMENTAL AGREEMENT
SUPPLEMTHIS SUPPLEMENTAL AGREEMENT, made and entered into this 1st day of
May, 2001, by and between XXXX INTERNATIONAL, INC., a Florida corporation,
having its principal place of business at 000 Xxxxxxxx Xxxxxx, Xxxxx 000, Xxxx
Xxxx Xxxxx, XX 00000, (hereinafter "XXXX") and PERROT, LTD., a Bahamian
corporation, Xxxxxxxx Xxxxx, Xxx Xxxxxx, X.X. Xxx X0000, Nassau, Bahamas
(hereinafter "PERROT").
For and in consideration of the sum of $10.00, and other consideration, the
receipt and sufficiency of all of which is hereby acknowledged, it is agreed by
and between the parties as follows:
1. PERROT agrees to buy common stock of XXXX, and XXXX agrees to sell such
common stock to PERROT, at a price of $0.16 per share in a total amount of
$200,000.00 (USD) representing 1,250,000 shares of such common stock, restricted
under Rule 144.
2. PERROT agrees to acquire an additional amount of such common stock at a
price of $0.80 per share in a total amount not to exceed $300,000.00 (USD)
[375,000 shares] of such common stock of XXXX, restricted under Rule 144, such
purchase(s) to be made on or before 31st day of July, 2001.
IN TESTIMONY WHEREOF, witness the signatures of the parties hereto.
PERROT, LTD. XXXX INTERNATIONAL, INC.
By: /s/ Lionel Rotcage By:/s/ Xxxxxx Xxxxxx
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