AGREEMENT, dated January 3, 2000, by and between Xxxxxx.xxx Inc., a
Delaware corporation with offices at 0000 Xxxxxx Xxxx Xxxxx, Xxxxx 000,
Xxxxxxxx, Xxxxxxxxxx 00000 ("Acubid") and Xxxxxxx Xxxxxx, with offices at 000
Xxxxx Xxxxxx, 00xx Xxxxx, Xxx Xxxx, Xxx Xxxx 00000 ("Marcus").
W I T N E S S E T H:
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WHEREAS, Marcus has performed legal services for Acubid and Acubid is
presently indebted to Marcus in the amount of Eighteen Thousand Seven Hundred
Fifty ($18,750.00) Dollars; and
WHEREAS, Acubid desires to issue and deliver to Marcus twenty five
thousand (25,000) Shares of Common Stock, $.001 par value, of Acubid in payment
of the aforementioned $18,750.00, and marcus desires to accept 25,000 shares of
Acubid Common Stock in satisfaction of the aforesaid $18,750.00;
NOW, THEREFORE, in consideration of the provisions herein contained,
the parties hereto hereby agree as follows:
1. Acubid acknowledges that it is indebted to Marcus in the amount of
$18,750.00 for past services rendered to Acubid and hereby agrees to issue and
deliver to Marcus 25,000 Shares of its Common Stock, $.001 par value, in payment
of the aforesaid $18,750.00 debt and Marcus hereby agrees to accept 25,000
Shares of Acubid Common Stock, $.001 par value, as payment of the aforesaid
$18,750.00.
2. Acubid hereby agrees to use its best efforts to register the 25,000
Shares of Acubid Common Stock issued to Marcus hereunder with the Securities and
Exchange Commission by filing a registration statement on Form S-8 with respect
to such Shares as soon as practicable following the issuance of such Shares.
3. This Agreement contains the entire understanding of the parties
hereto with respect to the subject matter contained herein and supercedes all
prior agreements and understandings between the parties.
IN WITNESS WHEREOF the parties hereto have duly executed this Agreement
as of the day and year first above written.
XXXXXX.XXX INC.
By: /s/ Xxxxxxx Xxxxxxxx
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Xxxxxxx Xxxxxxxx,
Chief Executive Officer
/s/ Xxxxxxx Xxxxxx
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Xxxxxxx Xxxxxx
