EX-10.1 2 LETTER OF INTENT BETWEEN THE REGISTRANT AND SMARTWEAR TECHNOLOGIES, DATED FEBRUARY 5, 2008. Global General Technologies, Inc.
EX-10.1
2
LETTER
OF INTENT BETWEEN THE REGISTRANT AND SMARTWEAR TECHNOLOGIES, DATED FEBRUARY 5,
2008.
000 Xxxxx
Xxxxxxxx Xxxxxxxxx
00xx Xxxxx Xxxxx Xxxxxx
Xxxxx,
Xxxxxxx 00000
0-000-000-0000
February 11, 2008
Smart
Wear Technologies
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Xxxxx Xxxxxxx Xxxxxx
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Xxxxx
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Xxxxxxxxx,
Xxxxxx 00000
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Attention: Xxxxxx Xxxx,
President
Dear Xx.
Xxxx:
Reference
is made to the Non-Binding Letter of Intent between our two companies dated
January 23, 2008, a copy of which is attached (the “January LOI”).
Based on
subsequent discussion between us, we have now agreed that the terms and
conditions in the Non-Binding January LOI are hereby considered to be a Binding
Letter of Intent, subject, of course, to standard mutually satisfactory due
diligence and the execution of a Share Exchange Agreement between the
shareholders of SmartWear and Global General.
If this
accurately reflects your understanding of what we have agreed upon, please sign
and date a copy of this letter, and return the manually signed copy to
me.
We are
looking forward to doing business with you.
By:
_______ /s/___________________
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February
11, 2008
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Xxxx
X. Xxxxxx, President
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Smart
Wear Technologies, Inc.
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By:
______/s/____________________
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February
11, 2008
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Xxxxxx
Xxxx, President
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