INVESTOR RELATIONS CONTRACT
Between
XxXXXXXX BAY INTERNATIONAL LTD and YES INTERNATIONAL
OUTLINE:
1. Xxxxxxxx Bay International Ltd. (MKBY) provides specifically designed
materials and information of which YES INTERNATIONAL can distribute to its
international investment community at large and to both new and existing YES
followers and other interested parties.
2. Heighten the awareness of current and potential investors in the investment
opportunities from the activities of MKBY.
3. YES will broaden the current shareholder and brokerage industry support base
in
MKBY through the use of telephone, radio interviews, internet activities, trade
shows, road shows and other investment awareness activities.
4. Focus and target activities to obtain sponsorship in N. American /
European markets. If needed, YES International will provide any and all XXXXX
support for necessary filings to the United States Securities and Exchange
Commission (XXXXX fees base outside of this agreement). YES International will
distribute the appropriate documents, news releases, specially items, and audio
tapes to the investment community. (NOTE: placing news releases on the wire
service will be the responsibility of MKBY's management)
*These combined efforts should continue to provide MKBY with the necessary
momentum and a support structure to launch new fundraising programs as the need
arises.
5. MKBY's website will be co-hosted on XXXXXXXXXXXXXXXX.XXX during this 1-year
term.
SCHEDULE OF COMPENSATION
XxXXXXXX BAY INTERNATIONAL LTD., AGREES TO COMPENSATE YES
INTERNATIONAL for its services in accordance with the following schedule.
1. Cash Disbursements
XxXxxxxx Bay International Ltd. agrees to pay, to YES International the sum of
Two
Thousand Three Hundred Dollars ($2300.00 US) per month for no longer than 1-
Year beginning Tuesday July 01, 2003 ending Wednesday, June 30, 2004. This
includes 800# cost, employee, phone services, mail cost, internet cost and other
incidentals in the course of doing business. Monetary compensation expected
within 5-working days from the beginning of each month.
2. Extraordinary Expenses
In the event the activities of XxXxxxxx Bay International Ltd. shall cause YES
International to incur any extraordinary expenses beyond the outlined in #1
above. XxXxxxxx Bay International Ltd. must first approve of any and all
extraordinary expenses. Upon approval XxXxxxxx Bay International Ltd. will
fully and promptly reimburse YES. Inclusive expenses are: travel,
accommodations, food, and whatever expenditures to fulfill the mandate of the
" Investor Relations Program" .
3. Shares and/or Warrants and/or Options
XxXxxxxx Bay International Ltd. will issue 75,000 shares of MKBY restricted 144
stock in the name of YES INTERNATIONAL and extentend, until July 2005 its
current options of :
50,000 shares for 1.00 US,
and
50,000 shares for 3.00 US
All USSEC rules apply on these stock issuances.
4. Indemnification:
YES INTERNATIONAL will be indemnified if management at provides false and
misleading statements which would produces onerous market conditions.
CONTRACT TERM
The Initial Term of this Agreement shall be for 1-Year but may be extended by
the mutual consent of the parties.
The Parties hereto may be contacted as follows:
YES International XxXxxxxx Bay International Ltd
0000 Xxxxxxxx Xxxxx Xxxx. #000 975 Xxxxxxxxx Ave.
Virginia Beach, VA. 23452 Xxxxx Xxxxxx, XX 00000
Tel: (000) 000-0000 Tel:(000)-000-0000
Fax: (000) 000-0000 Fax:(000)-000-0000
IN WITNESS WHEREOF the parties hereto have executed this Agreement on the date
below written.
YES INTERNATIONAL XxXXXXXX BAY INTERNATIONAL LTD.
_/s/ Rich Kaiser__________ __/s/ Xxxx X. Westerholm_____
Xxxx Xxxxxx- President Xxxx X. Xxxxxxxxxx-President
Date: July 1, 2003 Date: July 1, 2003
