June 14, 2011 Mr. John A. King
EXHIBIT 10.31
|
June 14, 2011
Xx. Xxxx X. Xxxx
000 X. Xxxxxx Xxxxx Xxxxx
Xxxxxxxxxxxx, Xxxxxxx 00000
Re: SafedoX, Inc.
Finder's Fee Letter Agreement
Dear Xxxx:
This letter will serve to memorialize our agreement with respect to payment of finder's fees for your
services in introducing us to investors who potentially would be interested in considering an
investment in our company, pursuant to our current private offering.
We are seeking capital with which to establish our SafedoXTM products in their markets and are
seeking to locate potential investors. You have agreed to use your best efforts to introduce our
company to investors who potentially would be interested in making an investment in our company.
In consideration of your efforts under this agreement, we have agreed to pay to you shares of our
common stock at the rate of one share for every $3.00 invested by each investor introduced to us by
you.
In performing your duties as a finder, you are to do no more than refer potential investors to us and
to make introductions of them. You agree not to perform any services that would normally be
performed by a licensed securities broker or dealer, as you will not be acting in such capacity. When
you have made an introduction, you will have performed all of the service required for you to have
earned the described finder's fee, should such referred potential investor invest funds in our
company. You will be paid your cash compensation at such time as we have received available
funds from an investor introduced to us by you.
With respect to introductions to be made by you, you are to advise us in writing, including by e-mail
to xxxxx@xxxxxxx.xxx, of the identity of such potential investor. If such referred investor is already
known to us and is an investor with whom we have an existing relationship through our own efforts,
we will advise you within three (3) days of the date we receive your notice of reference, and you will
not be considered a finder as to that potential investor. If we do not so advise you within such three-day period, you will be considered a finder as to that potential investor.
If this letter properly reflects your understanding, please indicate such in the space below.
We thank you for your assistance and look forward to working with you.
Sincerely,
By: /s/ XXXXX XXXXX
Xxxxx Xxxxx
President
ACCEPTED AND AGREED:
/s/ XXXX X. XXXX
Xxxx X. Xxxx
Date: June 14, 2011
