EXHIBIT 10.1
AGREEMENT TO DIVIDEND STOCK
This Agreement is entered into between Global Medical Products Holdings, Inc. a
Nevada Corporation ("GMPD" or "Corporation"), a Nevada corporation, with its
principle place of business in Santa Rosa, California, U.S.A., and authorized
representative(s) JWG Enterprises, Inc. ("JWG"), a corporation chartered under
the laws of California.
BACKGROUND
----------
WHEREAS, JWG has, on January 31, 2004, entered into an Agreement To Create Joint
Venture Corporation ("JV Agreement") with individuals Xxxxxx Xxxx and Xxxxx
Xxxxx, a copy of which is attached hereto as an Exhibit, and
WHEREAS, GMPD stands to receive from the JV Agreement certain distributions of
stock in the Joint Venture Corporation to be formed,
NOW THEREFORE, in witness whereof, the parties have caused this Agreement to be
executed by the parties or by their respective authorized agents, valuable
consideration having been acknowledged, tendered and accepted, the parties agree
as follows:
1. The foregoing recitals are incorporated herein by this reference as though
fully set forth.
2. JWG agrees to assign to GMDP 20 points (referenced in Paragraph 3 below),
providing that GMDP qualifies as free-trading all shares received by JWG and
subsequently redistributed.
3. GMDP agrees to distribute out to its shareholder base one-half of its
interest in the 20 points (representing a 20 percent equity interest in the
Joint Venture) it is to receive in the Joint Venture corporation.
Agreement made this 4th day of February, 2004
GLOBAL MEDICAL PRODUCTS HOLDINGS, INC.:
/S/ XXXXXXX X. XXXXX
___________________________________
XXXXXXX X. XXXXX, PRESIDENT
JWG ENTERPRISES, INC.:
/S/ XXXX X. ROLLS, JR.
___________________________________
XXXX X. ROLLS, PRESIDENT
