EXHIBIT 4.4
[Letterhead of Page, Xxxxxxx, Xxxxxxxxxx & Xxxx, P.A.]
March 2, 2004
Xx. Xxxxxx Xxxxxxx
Hy-Tech Technology Group, Inc.
0000 Xxx Xxxxx Xxxxx
Xxxx Xxxxx, XX 00000
RE: RETAINER AGREEMENT
Dear Xx. Xxxxxxx:
Please accept this letter as confirmation that Hy-Tech Technology Group,
Inc. (the "Company"), has agreed to this retainer agreement (the "Retainer")
between the Company and Page, Xxxxxxx, Xxxxxxxxxx & Xxxx, P.A ("PMFR"). The
agreement is to take effect as of even date herewith. The agreement, which we
understand was approved by the Company's Board of Directors, is for the Company
to pay the outstanding bill for legal services rendered to certain of the
Company's affiliates in connection with Company business with shares of the
Company's common stock, $.001 par value.
We understand that the outstanding bill will be satisfied by the issuance
of 575,000 shares valued at $11,800. The board of directors has approved the
filing of a registration on Form S-8 for these 575,000 shares. The legal
services for which these shares are being registered and subsequently issued to
X. Xxxxx Xxxxxxx, a partner of PMFR, did not include any services in connection
with the offer or sale of securities in a capital raising transaction, and did
not directly or indirectly promote or maintain a market for the Company's
securities.
Please note that this letter may be filed as an exhibit to the Form S-8.
In order to effectuate the Retainer, please sign this letter and return it to my
office. If you have any questions, please call me.
Sincerely,
/s/ Page Xxxxxxx Xxxxxxxxxx & Xxxx, P.A.
XXXX, XXXXXXX, XXXXXXXXXX & XXXX, P.A
ACCEPTED AND AGREED:
HY-TECH TECHNOLOGY GROUP, INC.
By: /s/ Xxxxxx Xxxxxxx
---------------------------
Name: Xxxxxx Xxxxxxx
Title: CEO
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