EX-10.18
from 10SB12G
1 page
Ex-10.18 Indemnification Agreement March 30, 2001 Farber & Hass Llp 741 South a Street Oxnard Ca 93030 Dear Sirs: In Connection With the Audit of Our Financial Statements for the Two Years Ended June 30, 2000, We Are Aware of the Following Commitments That May or May Not Have Been Made by the Prior Management of Platforms Wireless International Corporation (The "Company)": (1) We Are Aware That Prior Management of the Company May Have Made Commitments to Individuals or Companies to Issue Stock for Services or Monies. as of the Date of This Letter, We Are Not Aware of Any Such Commitments That Are Not Reflected in the Audited Financial Statements at June 30, 2000. (2) We Are Aware That Prior Management of the Company May Have Made Commitments to Individuals or Companies to Compensate Them for Past Services or Goods. as of the Date of This Letter, We Are Not Aware of Any Such Commitments That Are Not Reflected in the Audited Financial Statements at June 30, 2000. We Agree to Indemnify the Company Should Any Such Commitment Be Determined to Be a Legal Claim for Stock or Services That Is Due to an Individual or Company as of June 30, 2000. /S/ William C. Martin William C. Martin /S/ Charles Nelson Charles Nelson
12/34/56
EX-10.17
from 10SB12G
1 page
Ex-10.17 Promissory Note $210,870.00 Los Angeles, Ca October 31, 2000 in Consideration of Settlement of an Open Account Debt, Platforms Wireless International Corporation ("Platforms") Promises to Pay Technocom Corporation ("Technocom") the Amount of Two Hundred Ten Thousand Eight Hundred Seventy Dollars ($210,870.00). Payments Are to Be Made as Follows: Ten Thousand Dollars ($10,000.00) a Month by Certified or Cashier's Check, Commencing November 15, 2000, and Continuing Each Month Thereafter, With the Balance to Be Paid in Full on August 15, 2002 or Ten (10) Days Following the Successful Completion of Platforms' First Round of Financing Whichever First Occurs. Each Monthly Payment Shall Be Received by Technocom on the 15th of Each Month. Late Payments Shall Bear Interest at the Annual Rate of Eighteen Percent (18%) and Will Be Due and Payable No Later Than the Following Monthly Payment. in the Case of Default on This Note, Technocom May Demand Payment in Full of the Balance. in the Event of Commencement of Any Action in Court, the Prevailing Party Shall Bear the Costs and Reasonable Attorneys' Fees of the Other. Platforms Wireless International Corporation By: /S/ Charles B. Nelson Charles B. Nelson Senior Vice President - CFO By: /S/ Forrest W. Brown Forrest W. Brown Secretary
12/34/56
