SELLING AGREEMENT January 13, 2005 Gaylord Karren, President Electric Aquagenics Unlimited, Inc. 1464 West 40 South, Suite #200 Lindon, Utah 84042Selling Agreement • February 15th, 2005 • Electric Aquagenics Unlimited Inc • Specialty cleaning, polishing and sanitation preparations • California
Re: Private Placement of Common Stock of Electric Aquagenics Unlimited, Inc. Gentlemen: Electric Aquagenics Unlimited, Inc., a Delaware corporation (the "Company") develops, manufactures and markets equipment that uses water electrolysis to create fluids that sanitize and clean surfaces without toxicity and at lower costs than for traditional chemically based toxic products. The Company desires to raise capital by the sale of common stock (the "Common Stock") at a price of $3.50 per share (the "Shares"). Each Share has a purchase price of $3.50 payable in cash in full upon subscription. The Company hereby confirms as follows its agreement with Nexcore Capital, Inc. ("Nexcore"), a registered member in good standing of the National Association of Securities Dealers, Inc. ("NASD"), under which Nexcore will act as a non-exclusive agent for the Company in connection with the offering of the Shares. 1. Memorandum. The Company has caused the preparation of a private placement
