FREEDOM RESOURCES ENTERPRISES, INC.
Sales Agreement
THIS AGREEMENT is made and entered into this 31st day of May 2001, by and
between, Freedom Resources Enterprises, Inc. ("Freedom Resources"), and Life
Discovery Institute ("LDI").
WHEREAS, Freedom Resources has expended $15,674 of financial resources
toward developing an Internet Website ("Website") in order to market its
products online,
WHEREAS, Freedom Resources does not have funds available to complete
development of the Website.
WHEREAS, LDI, a related entity, desires to acquire and operate a Website
for Internet marketing.
WHEREAS, Freedom Resources desires to sell its Website development efforts
to LDI; and
WHEREAS, LDI desires to purchase said Internet Website efforts from Freedom
Resources.
WHEREAS, Freedom Resources desires to market its products through the LDI
Website.
IT IS THEREFORE AGREED between the parties as follows:
1. Freedom Resources transfers, conveys, and sells all interest in its
Website development efforts to LDI.
2. LDI accepts the uncompleted Website.
3. LDI agrees to complete development of the Website and operate the
Website.
4. LDI shall have exclusive control over the contents, maintenance and
continuing operations of the Website.
5. In consideration of Freedom Resources' efforts in developing the
Website, LDI agrees to advertise and market Freedom Resources'
products at no cost to Freedom Resources.
6. This agreement is in effect for a period of Five years from the date
7. This agreement represents the entire and final agreement between LDI
and Freedom Resources and supersedes any prior written or oral
agreements or understandings between the parties.
Executed as of the date first written above.
Freedom Resources Enterprises, Inc., Life Discovery Institute
/s/Xxxx Xxxxxxxxxxxx, President /s/Xxxx Xxxxxxxxxxxx, President
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