EXHIBIT 10.5
REPRESENTATION AGREEMENT
THIS REPRESENTATION AGREEMENT, made this 1st day of Nov, 1998 by and between
PLATINUM & GOLD RECORDING and PUBLISHING COMPANY a Florida Corporation,
presently located at 00000 X.X. 00xx Xxxxx, Xxxxxxx, XX 00000 (hereinafter
referred to as COMPANY) and Xxxxxx Xxxxxxxx, located at 0000 Xxxxxxxx Xxxxxx,
Xxxxxxxxx, XX 00000, (hereinafter referred to as Xxxxxx Xxxxxxxx).
WITNESSETH THAT:
WHEREAS, the COMPANY and Xxxxxx Xxxxxxxx have, cocurrent herewith
entered into an agreement dated above to have Xxxxxx Xxxxxxxx serve on the Board
of Directors of Company as Director for a term of one (1) year, due to her vast
skills and expertise in producing, composing, foreign ventures, selling, booking
and contacts in the entertainment industry.
NOW, THEREFORE, in consideration of the mutual promises herein
contained, and other good and lawful consideration, the receipt and adequacy of
which is acknowledged by all parties hereto, the parties hereto agree as
follows:
IT IS UNDERSTOOD, that concurrent with Company going public that
Xxxxxx Xxxxxxxx will serve as a director on the Board of Directors of Company.
This will give the company the ability too use her name and her consultation
from time to time. One meeting per year will be required for an annual report.
Upon Company going public, Company will deliver 10,000 shares of common stock to
Xxxxxx Xxxxxxxx for these services and permissions.
Entire Agreement: This agreement constitutes the entire agreement between the
parties hereto with respect to the subject matter hereof and supercedes all
prior agreements and understandings (written or oral) of the parties in
connection herewith.
IN WITNESS WHEREOF, the undersigned have executed this agreement as of the day
and year first above written.
PLATINUM & GOLD RECORDING and PUBLISHING
by: /s/ Xxxxx Xxxx Date 11/1/98
Xxxxx Xxxx, President
by:/s/ Xxxxxx Xxxxxxxx Date 11/1/98
STATE OF FLORIDA )
COUNTY OF PALM BEACH )SS:
)
The foregoing instrument before me this ___ day of _____________, 1998 by Xxxxxx
Xxxxxxxx, who is personally known to me or who has produced __________________
as identification and did/did not take an oath.
Notary Public:
Sign______________________________
Print______________________________
State of Florida at Large (Seal)
My commission Expires:
EXHIBIT A
SHAREHOLDERS OF PLATINUM AND GOL RECORDING & PUBLISHING COMPANY
NAME SHARES
Xxxxx Xxxx 6,000,000
Xxxxxxx Xxxxxx 2,000,000
Xxxxxx Xxxxxx 2,000,000
Xxxxx Xxxxxxx 20,000
Xxxxxx Xxxxxxxx 20,000