EXHIBIT D
0000 X. Xxxxxxx Xxxxx
Xxx 000
Xxxxxxxx, Xxxxxxx 00000
Telephone (000) 000-0000
Fax (000) 000-0000
CRAZ PRODUCTS, INC.
October 28, 1998
Xxxxx Xxxxxxx
Telebrands
00 Xxx Xxxxxxx Xxxx
Xxxxxxxxx, Xxx Xxxxxx 00000
VIA FAX AND REGULAR MAIL
Dear Xxxx:
This letter is to confirm our understanding of the Agreement we
discussed at your offices.
For a consideration of 65000 shares of common stock in CRA Z PRODUCTS,
INC.,Telebrands will provide a "test" for CRAZ Soap using airtime on HSN.
Any profits from this project will first be applied to cover the production
expenses and costs incurred by Telebrands for this project. After the
recovery of these costs any remaining profits will belong to CRA Z Products.
The test will consist of a sufficient number of spots to accurately assess
the marketability of this product. However, the number of spots will not
be less than 50, unless fewer indicate a successful market.
In addition, XXXX agrees to issue the shares as follows: 15000 shares in
the name of Xxxxx Xxxxxxx and the balance (50000) shares in the name of
Telebrands. These shares are in consideration for the test only and upon
determination by Telebrands to proceed with a marketing and sales program for
CRA Z Products, the parties will negotiate appropriate terms and
consideration for this activity.
Xxxx Xxxxxx will be in New York until Sunday, and can be reached on his
cell phone at (000) 000-0000 and again at the numbers above next week. We
thank you and A.J. for your hospitality today and for your interest in
promoting our product. We are confident that this is just the beginning of a
mutually profitable relationship.
Sincerely,
/s/ Xxxxxx X. xx Xxxxx
Xxxxxx X. xx Xxxxx, Xx
Craz Soap it Cleans like Crazy.................
