Exhibit 3
This Agreement made as of this 8th day of February, 2000, shall form the
basis for our agreement under which Inamco International Corp., a Delaware
public corporation ("Inamco") retains the consulting services of Royal Capital
Corp. ("Royal").
Inamco hereby engages Royal to provide certain services to Inamco on a
non-exclusive and best efforts basis. Royal shall familiarize itself with the
business operations, prospects and management of Inamco. Based upon the
forgoing, Royal shall provide Inamco with an anaylsis of the same and shall
provide Inamco with recommendations to enhance Inamco's operations and
recommendations to enhance the marketing of its products.
The term of such services by Royal shall be two (2) years from the date
hereof. All services rendered by Royal hereunder shall be on a non-exclusive
basis and Royal shall provide and allocate such time as it deems necessary to
the performance hereunder. Inamco shall not be obligated to implement any
recommendation made by Royal, if any, it being understood that Inamco shall be
under no obligation as to the implementation of the same.
In consideration of Royal's services and commitment hereunder, Inamco
agrees to immediately grant Royal and/or its designees, upon the execution
hereof, with 1,000,000 shares of its common stock. Inamco agrees that said
shares of stock shall be registered uder applicable securities laws so as to
cause said shares to become freely tradable without restriction as soon as may
be practicable. For purposes of the foregoing, Inamco agrees to file, at its
cost, such registration statements, including but not limited to Form S-8, as
Royal may determine so as to effectuate the foregoing. The parties hereto
represent that no further corporate action is required to effectuate the terms
hereof.
If the foregoing properly reflect our understanding kindly indicate in the
space provided below.
INAMCO INTERNATIONAL CORP. ROYAL CAPITAL CORP.
By:___________________________ By:_____________________
Xxxxxx Xxxxxx, President Xxxxx Xxxx, President
