THE HOPLAND BAND OF POMO INDIANS EDC/BBAN JOINT VENTURE TERM SHEETBroadband Wireless International Corp • August 20th, 2001 • Oil royalty traders
The Hopland Band of Pomo Indians Economic Development Corporation ("EDC"), a wholly-owned corporation of the Hopland Band of Pomo Indians ("Tribe"), located at 3000 Shanel Road, Hopland, California, 95449, and Broadband Wireless International Corporation ("BBAN"), located at 1400 Broadway, Suite 202, Edmond, Oklahoma, 73034 tentatively agree to the terms set forth below. These terms are subject to all final agreements described herein being negotiated and completed by July 27, 2001. Certain agreements shall be subject to approval by the Tribe. The EDC shall seek and obtain such approvals by July 27, 2001. (The EDC and BBAN have executed a confidentiality/noncircumvent agreement which shall remain in force in accordance with its terms.)
