July 1, 2020 Jay Morrison Academy, LLC
Exhibit 6.18
 |
July 1, 2020
Xxx Xxxxxxxx Academy, LLC
0000 X X Xxxxxx Xxxxxx
Xxxx Xxxxx, XX 00000
Attention: Xxx Xxxxxxxx, Manager
Xx. Xxxxxxxx:
Reference is made to the Intercompany Marketing Services Agreement, dated May 1, 2018, by and between Xxx Xxxxxxxx Academy, LLC (“JMA”), and Tulsa Real Estate Fund, LLC (“TREF”) (the “Agreement”), purtsuant to which JMA would provide to TREF with certain services upon the terms and conditions set forth in the Agreement. The Agreement terminated on March 31, 2020.
As of the date hereof, TREF has paid certain marketing expenses on behalf of JMA in the aggregate amount of $55,625 (the “TREF Payment”). Notwithstanding anything to the contrary contained in the Agreement, the parties hereto agree, based on the mutual premises and full and valid consideration of the parties, the receipt and sufficiency of which is hereby acknowledged, that (i) the TREF Payment is deemed to be in full satisfaction of TREF’s obligations under the Agreement, and (ii) neither TREF nor JMA have any further obligations to the other under the Agreement.
Sincerely,
By: XxXxxxxx Xxxxxx Name: XxXxxxxx Xxxxxx Title: Senior Fund Manager |
ACCEPTED AND AGREED TO
AS OF THE DATE FIRST ABOVE
WRITTEN:
XXX XXXXXXXX ACADEMY, LLC
By: Xxx Xxxxxxxx
Name: Xxx Xxxxxxxx
Title: Manager
| 0000 X X Xxxxxx Xxxxxx | Xxxx Xxxxx, XX 00000 | (000)000-0000 | Email: xxxx@xxxxxxxxxxxxxxxxxxx.xxx |
