Exhibit 10.22
October 1, 1998
Xxxxx Xxxxxxxx, President
CMH Capital Management Corp.
000 Xxxxx Xxxxxx, Xxxxx 0000
Xxx Xxxx, Xxx Xxxx 00000
Dear Xxxxx:
This letter agreement shall confirm that CMH Capital Management Corp.
("CMH") will provide financial advisory services to Network-1 Security
Solutions, Inc. ("Network-1"), from the date hereof through December 31, 1998,
which services shall include, but not be limited to, advice related to strategic
business relationships, structuring financings, attendance at meetings with
potential strategic partners and general advice related to Network-1 and its
products. In consideration of such services to be provided by CMH, Network-1
shall issue to CMH 10,000 shares of its common stock.
If the foregoing correctly sets forth our agreement, please sign below
indicating your acceptance.
Very truly yours,
Network-1 Security Solutions, Inc.
By: /s/ Avi X. Xxxxx
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Avi X. Xxxxx, President and Chief
Executive Officer
Agreed and Accepted:
CMH Capital Management Corp.
By: /s/ Xxxxx X. Xxxxxxxx
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Xxxxx X. Xxxxxxxx, President
