EXHIBIT 2.8
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AGREEMENT
THIS AGREEMENT made this 21st day of February 2004 by and between Sunshine 511
Holdings located at 000 Xxxxx Xxxxxxxx Xx., Xxx. 000, Xxxx Xxxx Xxxxx, Xxxxxxx,
Tax id # 00-0000000 and ZAP located at 000 0xx Xxxxxx, Xxxxx Xxxx, Xxxxxxxxxx.
In consideration of the mutual covenants contained herein, it is agreed by and
between the parties as follows:
1a. ZAP shall pay Sunshine 511 Holdings a sum of 2,000,000 B-2 Restricted
Warrants and 1,000,000 K-2 Restricted Warrants for any services provided,
including, but not limited to, stock promotion and investor relation services
for a period of 1 (one) year from the date of this agreement. The value of
services will total around $2,000,000.
1b. It is understood that the underlying stock is restricted under Rule 144
guidelines.
The actions to be taken by the parties hereto to close the transaction as
provided shall take place on or before April 21, 2004 at the office of ZAP at
000 Xxxxxx Xxxxxx, Xxxxx Xxxx, XX 00000 hereinafter referred to as the ("Closing
Date").
This Agreement shall be governed in all respects by the laws of the State of
California.
IN WITNESS WHEREOF, the parties hereto have set their hands and seals, the date
and place first above written.
Dated: April 21, 2004
/s/ Xxxx Xxxxxxxx /s/ Xxxxx Xxxx
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Xxxx Xxxxxxxx for Xxxxx Xxxx for ZAP
Sunshine 511 Holdings
