EXHIBIT 10.2
AGREEMENT
The Undersigned;
A. Sector Communications, Inc., registered in Nevada, USA, represented by its
Chairman Xxxxxxx Xxxxx (hereinafter "Sector")
and
B. Silver Investment Trading, Ltd., registered in the British Virgin Islands
(hereinafter "Silver Investment")
and
C. Xxxxxxx Xxxxxx, residing in Montreal, Canada (hereinafter "Xxxxxx")
1. The three parties to this agreement (the "Parties") have agreed to
transfer the "EnterVision Assets" (more properly described and defined as
the "Assets" in an agreement dated June 20th, 2001 between Sector
Communications and Xxxxxxx Xxxxxx (the "Acquisition Agreement")) and the
benefit and burden of and any liabilities under the Acquisition Agreement
and 90% of EnterVision, Inc., a wholly owned subsidiary of Sector from
Sector to Silver Investment in exchange for a promissory note in favor of
Sector in the sum of $250,000 which is payable to Sector on demand and
provides for interest to be accrued at the rate of 8.5% per annum until the
promissory note and accrued interest is paid in full to Sector and
certificate numbers 10719 and 10720 for a total of 10,000,000 shares of
Sector Communications, Inc., duly endorsed to Sector.
2. Each of the Parties to this Agreement shall take any and all steps
necessary to achieve the objectives outlined in 1. above and furthermore
agree to execute any additional documents and instruments necessary to
achieve the steps outlined in 1. above.
3. GENERAL TERMS
3.1 If any part of this Agreement is declared invalid for any reason, this
ruling shall not affect the validity of the rest of the Agreement. The
other parts of the Agreement shall remain in effect as if the
Agreement had been executed without the invalid part. The Parties
hereby declare that they intend and desire that the remaining parts of
the Agreement continue to be effective without any part or parts that
have been declared invalid.
3.2 The validity of this Agreement and of any of its terms or provisions,
as well as the rights and duties of the Parties under this Agreement,
shall be construed pursuant to and in accordance with the laws of the
State of Nevada. The Parties agree that the interpretation of the
validity of this Agreement, as well as the rights and duties of the
Parties under this Agreement, shall be subject to the jurisdiction of
Reno, Nevada.
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3.3 This Agreement and each of its provisions shall be binding on the
heirs, executors, administrators, successors, and assigns of each of
the Parties hereto.
3.4 The effective date of the agreement shall be January 8, 2002.
IN WITNESS WHEREOF, the Parties hereto have caused this agreement to be duly
executed in three copies on January 8, 2002.
Agreed and accepted by:
Sector Communications, Inc
By: /s/ Xxxxxxx Xxxxx Its: Chairman Date: Jan 8, 2002
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Silver Investment Trading, Ltd.
By: /s/ Xxxxxxx Xxxxxxx Its: President Date: Jan 8, 2002
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Xxxxxxx Xxxxxx
/s/ Xxxxxxx Xxxxxx Date: Jan 8, 2002
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