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EXHIBIT 10.27
SALE OF RIGHTS
EFFECTIVE AS OF JULY 8, 1999
BETWEEN: CYBEROAD GAMING CORPORATION, a St. Kitts, West Indies corporation
("Cyberoad").
AND
BETWEEN: XXXXX.XXX(ISLE OF MAN) LIMITED, an Isle of Man corporation
("xXxxx.xxx")
WHEREAS, both parties to the agreement acknowledge that 100% of all rights of
ownership of the following:
1. xXxxx.xxx trademark;
2. domain name;
3. intellectual property, including eBanx systems (software); and
4. eBanx operations including assets and liabilities;
are hereby transferred in full to Xxxxx.xxx (Isle of Man) Limited in
consideration for $50,000 U.S. and other consideration hereby acknowledged as
being received.
THIS AGREEMENT may be signed in one or more counterparts, each of which shall be
deemed an original, and all of which shall constitute one and the same
agreement.
ACKNOWLEDGED this 8th day July, 1999 by:
CYBEROAD GAMING CORPORATION XXXXX.XXX (IOM) LIMITED
/s/ XXXXXXXX XXXXXXX /s/ XXXXX XXXXXX
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Xxxxxxxx Xxxxxxx, Xxxxx Xxxxxx,
Director Director