EX-10.CCC
from SB-2/A
5 pages
2. the Monthly Fee Shall Be (I) a Cash Payment of $10,000; and (II) $5,000 of the Company’s Common Stock, $.001 Par Value (The “Common Stock Payment”). the Number of Shares Issued for the Common Stock Payment Shall Be Based on the Fair Market Value of the Common Stock on the First Day of the Month to Which the Payment Relates. the Shares Issued for the Common Stock Payment Shall Have Standard Piggy-Back Registration Rights. in Connection With the Foregoing, DC Makes the Following Representations: (A) DC Hereby Represents and Warrants to the Company That DC Is an “Accredited Investor” as That Term Is Defined in Rule 501(a) of Regulation D Promulgated Under the Securities Act of 1933, as Amended (The “Securities Act”). Specifically, DC Certifies That DC Is One of the Following: A Bank as Defined in Section 3(a)(2) of the Act, or a Savings and Loan Association or Other Institution as Defined in Section
12/34/56