INTERNET DOMAIN NAME PURCHASE AGREEMENT FOR PEDIATRICIANS.COM, PODIATRISTS.COM AND PSYCHIATRISTS.COM
EXHIBIT
10.1
![](https://www.sec.gov/Archives/edgar/data/1122130/000106266308000052/elysium.gif)
INTERNET DOMAIN NAME
PURCHASE AGREEMENT FOR XXXXXXXXXXXXX.XXX, XXXXXXXXXXX.XXX AND
XXXXXXXXXXXXX.XXX
This
Internet Domain Name Purchase Agreement (the “Agreement”) is entered into on
this 1st day of
June of 2008 (the “Closing Date”), between Elysium Internet, Inc./US Biodefense,
Inc., a Utah corporation (“Purchaser”) and Smash Clicks, Inc.
(“Seller”).
Recitals and
Representations:
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Seller
is the owner and registrant of the domain names: Xxxxxxxxxxxxx.xxx,
Xxxxxxxxxxxxx.xxx and Xxxxxxxxxxx.xxx (collectively, the “Domain
Names”).
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·
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The
Domain Names are registered under the name of
Seller.
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·
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There
is no impediment to the Seller transferring the Domain Names and the
Domain Names being registered to
Purchaser.
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·
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There
are no encumbrances, liens or claims against the Domain
Names.
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·
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Seller
wishes to sell the Domain Names and Purchaser wishes to purchase the
Domain Names.
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Agreement:
In
exchange for the purchase price of $1,000,000 (One Million, US dollars), Seller
hereby agrees to sell the Domain Names to Purchaser.
The
purchase price will be paid as follows: A non-interest bearing, convertible
promissory note in the amount of $1,000,000 attached hereto as Exhibit A (the
“Note”) will be issued to Seller on the Closing Date and repaid pursuant to the
terms of the Note. Seller shall maintain full DNS control over the Domain
Names until the Note has been paid in full. Within three (3) days of the Note
being paid in full, Seller will initiate the transfer of the Domain Names to the
Purchaser’s account as instructed. Seller agrees to use its best efforts to
complete the domain name transfer in a timely manner.
Closing
Date
The
Closing date is June 1st,
2008.
Good Faith
Efforts:
Each
party agrees to use its good faith efforts to perform in accordance with the
terms and conditions of this agreement and shall use all reasonable means to
assist the other party in obtaining the benefit of this agreement.
Agreement:
This
agreement constitutes the entire understanding and agreement of the parties with
respect to the subjects addressed herein, and there are no understandings,
agreements, restrictions or warranties between the parties other than those set
forth herein or referred to or provided for herein. One or both parties may not
assign without receiving the other party’s advance written
approval.
Additional
Documents:
Each
party shall execute such additional documents and take such actions as are
reasonably necessary to complete or confirm the transaction as contemplated by
this Agreement.
Counterparts/Fax:
This
Agreement may be signed in counterparts. Signed counterparts of this
Agreement transmitted via Fax or Email are equivalent to a signed original of
this Agreement.
Modification:
Any
amendment or modification of this Agreement, or any waiver of its terms, in
order to be binding, must be written and signed by the parties
hereto.
Governing
Law:
The laws
of the state of Florida shall govern the validity, construction, interpretation,
and effect this agreement.
IN WITNESS WHEREOF, the parties have executed this Agreement as of the
Effective Date.
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Purchaser | Seller |
Elysium Internet, Inc. | Smash Clicks, Inc. |
Xxxxx Xxxxxxxxx, CEO | Xxxxxx Xxxxxxxxx, Director |
Contact Information: | Contact Information: |
Elysium Internet, Inc. | Smash Clicks, Inc. |
Xxxxx Xxxxxxxxx | Xxxxxx Xxxxxxxxx |
000 Xxxxx Xxxxxx Xxxx, Xxxxx 000 | Xxxxxxxx |
Xxxxxxx, Xxxxxxx 00000 | Xxxxx 000-000 Xxxxxx Xxxxx |
Office: 000-000-0000 | Cr. Xxxxxxx & Palmetto St |
Cell: 000-000-0000 | Bridgetown, Barbados |
Fax: 000-000-0000 | Fax: 0-000-000-0000 |
E-mail: XXXXxxxx@xxx.xxx | xxxxxxx@xxxxxxxxxxx.xxx |