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EXHIBIT 10.17
AGREEMENT
This agreement is made between United States Telecommunications, Inc. (Tel),
Total Com, Inc. and Xxxxxx Xxxxxxx (Xxxxxxx).
Whereas: Tel desires to cause Five (5) percent of the authorized and/or
issued stock of Total Com, Inc. a Florida Corporation to be issued to Xxxxxxx
or his assign.
Whereas: Xxxxxxx or his assign shall, at all time, hold Five (5) percent of
Total Com, Inc.
Whereas: Total shall pay Xxxxxxx or his assign Five (5) percent of its total
income not to be less than One-Thousand ($1,000) Dollars per month for a period
of not less than Sixty (60) months.
Whereas: Tel shall issue Four Hundred Thousand (400,000) Common Shares of stock
in United States Telecommunications, Inc. to Xxxxxxx or his assign.
Whereas: Xxxxxxx or his assign shall be named to the Board of Directors of
Total Com, Inc.
Whereas: The Consideration for said agreement shall be One Hundred Fifty
($150,000) Thousand Dollars, paid to United States Telecommunications, Inc.
Whereas: Facsimile signatures are deemed as original for the purpose of this
document.
Agreed upon this 23rd Day of December, 1998.
/s/ Xxxxxx Xxxxx /s/ Xxxxxx Xxxxxxx
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Xxxxxx Xxxxx Date Xxxxxx Xxxxxxx Date
/s/ Xxxxxxx Xxxxxxx 1/7//97
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Xxxxxxx Xxxxxxx Date
Authorized Officer of
United States Telecommunications, Inc.
