STANDBY EQUITY DISTRIBUTION AGREEMENTEquity Distribution Agreement • November 15th, 2004 • Electric Aquagenics Unlimited Inc • Specialty cleaning, polishing and sanitation preparations • New Jersey
THIS AGREEMENT dated as of the ___ day of October 2004 (the "Agreement") between CORNELL CAPITAL PARTNERS, LP, a Delaware limited partnership (the "Investor"), and ELECTRIC AQUAGENICS UNLIMITED, INC., a corporation organized and existing under the laws of the State of Delaware (the "Company").
ELECTRIC AQUAGENICS UNLIMITED, INC. PLACEMENT AGENT AGREEMENTPlacement Agent Agreement • November 15th, 2004 • Electric Aquagenics Unlimited Inc • Specialty cleaning, polishing and sanitation preparations • New York
The undersigned, Electric Aquagenics Unlimited, Inc., a Delaware corporation (the "Company"), hereby agrees with Spencer Clarke LLC (the "Placement Agent") and Cornell Capital Partners, LP, a Delaware Limited Partnership (the "Investor"), as follows:
On or prior to the date of this Agreement the Escrow Agent shall establish an account for the D.W.A.C. of the shares of Common Stock. The Company will D.W.A.C. shares of the Company's Common Stock to the account of the Escrow Agent as follows:...Exhibit 5 Escrow Agreement • November 15th, 2004 • Electric Aquagenics Unlimited Inc • Specialty cleaning, polishing and sanitation preparations • New Jersey
