Agreement regarding
Xx. Xxxxxx'x Original Diabetic Feet Formula
Parties: Desert Health Products, Inc., 0000 X. Xxxxx Xx., Xxxxxxxxxx XX
00000
ParTrusT Beheer B.V., Max Xxxxxxxx 00, XX-0000 XX Xxxxxxxxx, Xxx
Xxxxxxxxxxx
ParTrusT acknowledges that DHPI has entered into an exclusive agreement with
Xx. Xxxxxx for the rights to market Diabetic Feet internationally and as such
with its signatures accept the following:
1.ParTrusT purchases for US$ 250,000.00 a 10% ownership in this agreement.
2.ParTrusT agrees to transfer to DHPI
a. 50,000.00 the week of February 15th, 2001
b. 40,000.00 the week of February 22nd, 2001
c. 100,000.00 the week of April 10th , 2001
d. The balance May10th,2001
3. XXXX agrees to pay ParTrusT US$2.00 of each unit sold until US$ 250,000
has been received and US$ 1.25 on each unit thereafter for a period of 10
years.
Desert Health Products, Inc., agrees as a bonus to deliver to ParTrusT 25,000
(Twenty-five thousand) shares of Desert Health's 144 common stock on
completion of funding.
DESERT HEALTH PRODUCTS, INC. PARTRUST BEHEER B.V.
/S/Xxxxxx Xxxxxxx 2/8/01 /S/Xxxxx Xxxxxx 2/8/01
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Chairman/CEO Date Managing Partner Date
