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EXHIBIT 10
THIS AGREEMENT is made as of the 10th day of June, 1999, by and between
HIKING ADVENTURES, INC., a Nevada corporation (hereinafter called "the
Publisher"), and BUSINESS CONCEPTS, INC., a Nevada corporation (hereinafter
called "the Buyer").
WITNESSETH:
1. PURCHASE AND SALE. The Publisher hereby agrees to sell to the Buyer and the
Buyer agrees to purchase from the Publisher three (3) sets of hiking guide books
published by the Publisher to be entitled "Bears Ears-Lizard Head-North Fork
Popo Agie-High Xxxxxxx Trail Loop Hiking Adventures" (hereinafter called "Guide
#1"), "Bird Ridge Trail Hiking Adventure" (hereinafter called "Guide #2"), and
"Mount Xxxxxx Trail Hiking Adventure"(hereinafter called "Guide #3") in
quantities of 20,000 for each set, for a total of 60,000 books, at a price of
$3.15 per guide subject, however, to a six percent (6%) volume discount, for a
net price of $2.961 per book, payable upon delivery (COD), according to the
following schedule:
Guide #1 August 1, 1999 5,000 books $14,805
September 1, 1999 5,000 books $14,805
First day of each 1,000 books $ 2,961 per month
month for the next
10 months
TOTAL after 12 20,000 books $59,220
months
Guide #2 October 1, 1999 5,000 books $14,805
November 1, 1999 5,000 books $14,805
First day of each 1,000 books $ 2,961 per month
month for the next
10 months
TOTAL after 12 20,000 books $59,220
months
Guide #3 December 1, 1999 5,000 books $14,805
January 1, 2000 5,000 books $14,805
First day of each 1,000 books $ 2,961 per month
month for the next
10 months
TOTAL after 12 20,000 books $59,220
months
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TOTALS 60,000 books $177,660
As a down payment, the Buyer will pay to the Publisher the sum of $15,000 on or
before July 10, 1999, which will be applied against the August 1, 1999 and
September 1, 1999 payments.
2. LOCAL DELIVERY. The parties hereto that they are both located in Xxxxx
County, Nevada, as a consequence of which there will be no delivery charges
assessed against either party in connection with the transactions.
3. COMMISSION AND ROYALTIES. The Publisher will not be entitled to
receive from the Buyer any commissions, royalties or other compensation other
than that provided for above in this Agreement.
4. DISTRIBUTION. The Buyer's distribution and marketing of the books as
aforesaid will be unrestricted, so that the Buyer may sell the books either by
wholesale or retail sales or give the books away for no consideration.
5. MISCELLANEOUS PROVISIONS.
(a) This Agreement contains the entire agreement between the parties
hereto and supersedes all other agreements with respect to the subject matter of
this Agreement whether written or oral.
(b) This Agreement may not be modified except by a written instrument
signed by the parties hereto.
(c) This Agreement shall be binding upon parties hereto and their
respective successors and assigns.
(d) This Agreement shall be construed and interpreted in accordance
with the Laws of the State of Nevada, without regard to the principles of
conflicts of laws.
(e) In the event of the commencement of suit or other legal
proceedings by either of the parties hereto against the other party hereto which
in any way relates to this Agreement or the relationship of the parties hereto,
the prevailing party will be entitled to receive attorneys fees and costs as a
court may adjudge reasonable in addition to any other relief granted.
(f) In the event that any dispute arises between the parties hereto
(including the matters expressed herein), the exclusive resolution thereof shall
be the federal and state courts located within Xxxxx County, Nevada, and each of
the parties hereto hereby expressly and irrevocably consents to such
jurisdiction.
(g) The parties hereto shall execute such other documents and may be
required hereunder to carry out the terms and conditions of this Agreement.
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IN WITNESS WHEREOF, the parties hereto have executed this Agreement as of
the date and year first above written.
HIKING ADVENTURES, INC. BUSINESS CONCEPTS, INC.
By: /s/ Xxxx X. Xxxxxxxxx By: /s/ Xxxxxx X. Xxxxxxx
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Xxxx X. Xxxxxxxxx, President Xxxxxx X. Xxxxxxx, President
