1
THIS AGREEMENT is made as of the 10th day of June, 1999, buy
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
month 1,000 books $ 2,961 per 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
month 1,000 books $ 2,961 per 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
month 1,000 books $ 2,961 per month
for the next 10
months
TOTAL after 12 20,000 books $59,220
months
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.
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
Xxxx X. Xxxxxxxxx, President Xxxxxx X. Xxxxxxx,
President
