CURATECH INDUSTRIES, INC.
EXHIBIT
10.7
0000
Xxxxxxxx Xxxxx, #0000
Salt
Lake City, Utah 84121
January
5, 2007
Xxxx
X.
Xxxxxxxx
0000
Xxxxx 0000 Xxxx
South
Salt Lake, Utah 84119
| Re: |
Agreement
to Accept CuraTech Industries, Inc. Common
Stock
as Payment for Consulting Services
Rendered
|
Dear
Xx.
Xxxxxxxx:
This
letter will confirm your agreement to accept 140,000 shares of CuraTech
Industries, Inc. common stock, to be registered on a Form S-8 registration
statement, for a one time bonus for past services as an officer, director and
employee of CuraTech Industries, Inc. (“CuraTech”) rendered by you to CuraTech.
The
issuance of these 140,000 shares of CuraTech common stock shall be to compensate
you in full for all past services.
This
letter will confirm that you have provided bona fide consulting services to
CuraTech, and that the services you have provided to CuraTech, for which you
are
receiving shares of CuraTech common stock, are not
services
in connection with the offer or sale of CuraTech’s securities in a capital
raising transaction or services to directly or indirectly promote or maintain
a
market for CuraTech’s securities.
If
this
letter correctly reflects the agreement between CuraTech Industries, Inc. and
you, please sign below acknowledging your agreement, and return the signed
original of this letter to CuraTech Industries, Inc.
Sincerely,
By
/s/
Xxxxxxx Xxxxxxx___________________
Xxxxxxx
Xxxxxxx, CEO
ACCEPTANCE
I,
Xxxx
X. Xxxxxxxx, hereby agree to accept 140,000 shares of CuraTech common stock
as
compensation for all past accounting and consulting services which I have
provided to CuraTech. I hereby represent and warrant to CuraTech that the
services which I have provided to CuraTech, for which I am receiving shares
of
CuraTech common stock, are not
services
in connection with the offer or sale of CuraTech’s securities in a capital
raising transaction or services to directly or indirectly promote or maintain
a
market for CuraTech’s securities.
|
January
5, 2007
|
/s/
Xxxx X.
Xxxxxxxx
|
|
Xxxx
X. Xxxxxxxx
|
