Veritec Inc Sample Contracts

EMPLOYMENT AGREEMENT—Jeffrey Hattara
Employment Agreement • October 12th, 2010 • Veritec Inc • Electronic components, nec • Minnesota
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EMPLOYMENT AGREEMENT
Employment Agreement • September 28th, 2009 • Veritec Inc • Electronic components, nec • Minnesota
ASSET PURCHASE AGREEMENT
Asset Purchase Agreement • January 21st, 2016 • Veritec Inc • Electronic components, nec • Minnesota

THIS ASSET PURCHASE AGREEMENT (this “Agreement”), is made and entered into as of September 30, 2014 (the “Closing Date”) by and among Veritec, Inc., a Nevada corporation (“Purchaser”), on the one hand, and Tangible Payments, LLC, a Maryland limited liability company (“Seller”), Falcon Financial Industries, LLC a Maryland limited liability company (“Falcon”), the holder of all the issued and outstanding membership interests in Seller, and Timothy M. Spear, an individual and sole member and manager of Falcon (“Spear”), on the other hand. Capitalized terms not otherwise defined herein have the meanings set forth in Section 9.1.

VERITEC, INC. RESTRICTED STOCK AGREEMENT
Restricted Stock Agreement • September 28th, 2009 • Veritec Inc • Electronic components, nec

On [DATE], the Board of Directors of the Company (the “Board”) authorized the grant of an aggregate of _____ shares of the Company’s $.01 par value common stock (the “Restricted Stock”) to Employee, which shares shall be restricted pursuant to the terms and conditions set forth herein. The parties desire to enter into this Restricted Stock Agreement (“Agreement”) to memorialize the terms and conditions of the grant of the Restricted Stock to the Employee.

May 18, 2012
Promissory Note • May 22nd, 2012 • Veritec Inc • Electronic components, nec • Minnesota

Reference is made to that certain promissory note dated January 16, 2012 in the principal amount of $500,000 issued by Veritec, Inc., a Nevada corporation (the “Company”) in favor of Larry L. Konfirst (the “Note Holder”), as amended and restated May 18, 2012 (the “Note”).

CONSULTING AND RESTRICTED STOCK GRANT AGREEMENT
Consulting Agreement • October 12th, 2010 • Veritec Inc • Electronic components, nec • California
IMPORTANT: PLEASE READ CAREFULLY BEFORE SIGNING. SIGNIFICANT REPRESENTATIONS ARE CALLED FOR HEREIN. SUBSCRIPTION AGREEMENT AND LETTER OF INVESTMENT INTENT
Subscription Agreement • May 15th, 2009 • Veritec Inc • Electronic components, nec • Minnesota

Veritec, Inc. (the “Company”) has authorized its officers to execute and deliver to the undersigned and other investors one or more convertible promissory notes in consideration for an aggregate loan of up to Two Million Five Hundred Thousand Dollars ($2,500,000.00) (the “Notes” and each such note individually, a “Note”) (such loan amount to be increased or decreased at the sole discretion of the Board of Directors of the Company) and the Company desires to sell the Securities (as defined below) to the undersigned and other investors pursuant to a transaction exempt from registration under the Securities Act of 1933, as amended (the “Act”).

VERITEC, INC. STOCK OPTION AGREEMENT
Stock Option Agreement • September 28th, 2009 • Veritec Inc • Electronic components, nec

On [DATE], the Board of Directors of the Company (the “Board”) authorized the granting of non-qualified stock options to Optionee to purchase an aggregate of _____ shares of the Company’s $.01 par value common stock (the “Options”) pursuant to the terms and conditions set forth herein. The parties desire to enter into this Stock Option Agreement (“Agreement”) to memorialize the terms and conditions of the grant of Options to the Optionee.

VERITEC, INC. WARRANT TO PURCHASE COMMON STOCK
Warrant to Purchase Common Stock • May 15th, 2009 • Veritec Inc • Electronic components, nec

This Warrant (this “Warrant”) is being issued in connection with a private placement of convertible promissory notes and warrants to purchase common stock pursuant to a Subscription Agreement and Letter of Investment Intent dated , 2009, by and among the Company and the Holder (the “Subscription Agreement”). This Warrant (this “Warrant”) is one of the Warrants issued pursuant to Section 2 of the Subscription Agreement.

LICENSE AND DISTRIBUTOR AGREEMENT
License and Distributor Agreement • December 19th, 2022 • Veritec Inc • Services-management services • Minnesota

This agreement (“Agreement”) is hereby made effective October 10. 2022, by and between Veritec, Inc., (“VERITEC”), located at 2445 Winnetka Ave. No.• Golden Valley, MN 55427, and Nugen Universe, LLC (“DISTRIBUTOR”), located at 1731 SW 2ND AVENUE, OCALA, FL 34471

Contract
Unsecured Term Promissory Note • May 15th, 2009 • Veritec Inc • Electronic components, nec • Minnesota

THIS SECURITY HAS NOT BEEN REGISTERED WITH THE SECURITIES AND EXCHANGE COMMISSION OR THE SECURITIES COMMISSION OF ANY STATE, IN RELIANCE UPON AN EXEMPTION FROM REGISTRATION UNDER THE SECURITIES ACT OF 1933, AND, ACCORDINGLY, MAY NOT BE OFFERED OR SOLD EXCEPT PURSUANT TO AN EFFECTIVE REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 OR PURSUANT TO AN AVAILABLE EXEMPTION FROM, OR IN A TRANSACTION NOT SUBJECT TO, THE REGISTRATION REQUIREMENTS OF SUCH ACT AND IN ACCORDANCE WITH APPLICABLE STATE SECURITIES LAWS, ALL AS EVIDENCED BY A LEGAL OPINION OF COUNSEL TO THE TRANSFEROR TO SUCH EFFECT, THE SUBSTANCE OF WHICH SHALL BE REASONABLY ACCEPTABLE TO THE COMPANY.

VERITEC, INC. STOCK OPTION AGREEMENT
Stock Option Agreement • October 12th, 2010 • Veritec Inc • Electronic components, nec

The Board of Directors of the Company (the “Board”) authorized the granting of non-qualified stock options to Optionee to purchase an aggregate of Twenty Five Thousand Five Hundred (25,500) shares of the Company’s $.01 par value common stock (the “Options”) pursuant to the terms and conditions set forth herein. The parties desire to enter into this Stock Option Agreement (“Agreement”) to memorialize the terms and conditions of the grant of Options to the Optionee.

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