0001144204-03-000675 Sample Contracts

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BROKERS AND FINDERS In accordance with the Letter of Agreement that follows, Genesis has agreed to pay a finders fee of $20,000 to North Pacific Ventures, LLC, and North Pacific Ventures has agreed to accept $20,000 for the finders fee. Genesis will...
Brokers and Finders • February 20th, 2003 • Genesis Financial Inc

In accordance with the Letter of Agreement that follows, Genesis has agreed to pay a finders fee of $20,000 to North Pacific Ventures, LLC, and North Pacific Ventures has agreed to accept $20,000 for the finders fee. Genesis will make the $20,000 payment to North Pacific Ventures LLC within five days of the Closing Date upon delivery by North Pacific Ventures LLC of a full, complete and unconditional release.

GUARANTY
Genesis Financial Inc • February 20th, 2003 • Washington
EXHIBIT B MATERIAL CONTRACTS AND OBLIGATIONS As of the Closing Date, Genesis is a newly formed Company and has no material contracts or obligations. Michael A. Kirk, as a Founding Shareholder and Officer of the newly formed corporation, has entered...
Genesis Financial Inc • February 20th, 2003

As of the Closing Date, Genesis is a newly formed Company and has no material contracts or obligations. Michael A. Kirk, as a Founding Shareholder and Officer of the newly formed corporation, has entered into certain agreements on behalf of the Company. Such agreements are for the purpose of opening the corporate offices in a timely fashion, have been or will be assumed and ratified by Genesis. Such agreements include a lease agreement, agreements for the purchase of office furniture and equipment, and agreements for phone service and similar items.

FINANCIAL COVENANTS
Genesis Financial Inc • February 20th, 2003
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