EXHIBIT 10.1. D
THIS ASSIGNMENT AGREEMENT MADE THIS 26TH DAY OF AUGUST 1997
Between:
AMERICAN BENEFITS GROUP, INC., a body corporate duly incorporated under the laws
of Florida, having an office at 000 Xxxxxxx Xxxxx, Xxxxxxxxx Xxxxx, Xxxxxxx
00000
(ABFG)
And
FULCRUM HOLDINGS OF AUSTRALIA INC., a body corporate incorporated under the laws
of Florida, having an office at 0 Xxxxx Xxxxx Xxxx., Xxxxx 000, Xxxx Xxxxx,
Xxxxxxx, 00000.
("FULCRUM")
WITNESSES THAT WHEREAS:
FULCRUM is a Party to an Agreement and Assignment of Agreement copies of which
are attached hereto.
And whereas FULCRUM wishes to Assign its interest in said Agreements to AMERICAN
BENEFITS GROUP, INC. and AMERICAN BENEFITS GROUP, INC. wishes to acquire said
interest.
And whereas "deemed publicly traded Company" referred to in the attached
Agreements is AMERICAN BENEFITS GROUP, INC.
And whereas FULCRUM was acting as AMERICAN BENEFITS GROUP, INC. agent in
negotiating the attached Agreements and AMERICAN BENEFITS GROUP, INC. requires
no further diligence by FULCRUM or AMERICAN BENEFITS GROUP, INC. to give full
effect to this Agreement.
NOW THEREFORE:
1. FULCRUM assigns its interest in the said contracts to AMERICAN BENEFITS
GROUP, INC. in consideration for AMERICAN BENEFITS GROUP, INC.
transferring Three Million (3,000,000) common voting shares of AMERICAN
BENEFITS GROUP, INC. to FULCRUM subject to pricing of US Ten ($0.10) Cents
per share and will arrange for a release of the common voting shares in
accordance with the rules prescribed by the Securities Exchange
Commission.
2. The One Million Five Hundred Thousand (1,500,000) shares noted in
paragraph 2(a) of the Assignment Agreement attached hereto is payment of
one-half of the said Three Million (3,000,000) shares.
/s/ Xxxxx X. Xxxxxxxxxxx /s/ Xxxxx Xxxxx
----------------------------------- -----------------------------
AMERICAN BENEFITS GROUP INC. Witness
/s/ Xxxxxx X Xxxxx /s/ Xxxxx Xxxxx
----------------------------------- -----------------------------
FULCRUM HOLDINGS OF AUSTRALIA Witness
MISS SAOWANI CHAQIPHAN /s/ Saowani Chaqiphan
-----------------------------
Initial
XX. XXXX XXXXXXX /s/ Xxxx Xxxxxxx
-----------------------------
Initial
SAOWANI DEVELOPMENT S.A.R.L. /s/ Saowani Chaqiphan
-----------------------------
Initial
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