EXHIBIT 10.1
MEMORANDUM OF TRANSACTIONS AND RECEIPT FOR STOCK PAYMENTS
This Memorandum of Transactions and Receipt for Stock Payments is entered into
by and between ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇ ("▇▇▇▇▇▇"), an individual, and American IDC
Corp., a Florida corporation ("ACNI"),
Whereas, certain services were provided by ▇▇▇▇▇▇ to ACNI and certain assets
were sold by ▇▇▇▇▇▇ to ACNI, and
Whereas, certain stock certificates were delivered by ACNI to ▇▇▇▇▇▇ and
delivery of an additional stock certificate is now available for delivery to
▇▇▇▇▇▇,
Now therefore, for valuable consideration, the receipt of which is hereby
acknowledged, ▇▇▇▇▇▇ and ACNI hereby agree as follows:
1. ACNI has delivered and ▇▇▇▇▇▇ has received the sum of five hundred thousand
(500,000) ACNI common S8 shares. The shares were for compensation to ▇▇▇▇▇▇
for assistance with strategic consulting and business advisory services for
the period of April 2002 through May 2003.
2. ACNI has delivered and ▇▇▇▇▇▇ has received the sum of three hundred thousand
(300,000) ACNI common shares restricted for one year under Rule 144. In
addition, ▇▇▇▇▇▇ has been advised by ACNI that an additional one million two
hundred thousand (1,200,000) ACNI common shares restricted for one year
under Rule 144 are now available for delivery to ▇▇▇▇▇▇ upon receipt of this
memorandum.
a. The total one million five hundred thousand (1,500,000) restricted ACNI
shares referred to in paragraph 2., above, are acknowledged by ▇▇▇▇▇▇ in
consideration for all of the following: (1) the cancellation of that certain
Agreement to Reorganize American IDC Corp. executed December 23, 2002 between
ACNI, ▇▇▇▇▇▇, Match Ranger, et. al, (2) the asset sale by ▇▇▇▇▇▇ to ACNI of the
website domain ▇▇▇.▇▇▇▇▇▇▇▇▇▇▇▇.▇▇▇ including all intellectual property, web
site copy, business plan and related property that was created or owned by
▇▇▇▇▇▇ (web site graphics and other intellectual property created by ▇▇▇▇▇▇
▇▇▇▇▇▇▇▇▇▇ and are not included in this memorandum), (3) all web site domains
owned by ▇▇▇▇▇▇ that relate to online dating and contain the component "match",
e.g., MatchJewishSingles, MatchBlackSingles, MatchChristianSingles,etc., and (4)
the web site domain owned by ▇▇▇▇▇▇ entitled ▇▇▇.▇▇▇▇▇▇▇▇▇▇.▇▇▇.
This Memorandum of Transactions And Receipt for Stock Payments entered this 23"'
day of June 2003 In the City of ▇▇▇▇▇▇▇ Hills, State of California by:
"▇▇▇▇▇▇"
/s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇
▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇, an Individual
▇▇▇▇▇▇▇▇▇ ▇▇▇▇., ▇▇▇▇▇ ▇▇▇
▇▇▇▇▇▇▇ ▇▇▇▇▇, ▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇
"BTLY"
/s/ ▇▇▇▇▇▇ ▇▇▇
▇▇▇▇▇▇ ▇▇▇,
President American
IDC Corp.
▇▇▇▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇., ▇▇▇▇▇ ▇▇▇
▇▇▇ ▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇
