EXHIBIT 10.68
FINDER'S FEE AGREEMENT
COME NOW, Heartsoft, Inc. (hereinafter "Offeror"), whose address is 0000 Xxxxx
Xxxxxxx Xxxxxx, Xxxxxx Xxxxx, XX 00000 and Xxxxxx Xxxxxxx (hereinafter
"Finder"), whose address is 0000 Xxxxx 00xx Xxxxx, Xxxxxxx, XX 00000, in
furtherance of the mutual purpose of soliciting customers and marketing the
products by Offeror do hereby agree, as follows:
1. REPRESENTATIONS AND AUTHORIZATION. Offeror agrees that Finder is
authorized to represent Offeror to QVC-NORTH AMERICA to sell to
potential customers of Offeror, its software product entitled
"INTERNET SAFARI".
2. COMPENSATION. Offeror agrees to compensate Finder for such completed
sales as result from any introduction, initial contact, solicitation
program or other marketing effort made by Finder. In consideration for
completed sales, Offeror shall compensate and pay to Finder the
following fee:
A. Fixed commission of % of any sale amount to buyer that will be
paid within ten (10) days at month's end.
B. Vested stock/ownership interest of % restricted Rule 144 common
shares based on monthly sales of Offeror product. The execution
price for calculations shall be based upon the average closing
ask price of the last three trading sessions. Common shares will
have piggy bank rights on the next Offeror registration.
3. EFFECTIVE DATE AND TERM. It is agreed by both parties that this
Agreement is effective on and after the date both parties execute it
and that it shall extend perpetually. Furthermore, Offeror agrees that
any sale which is completed within ten (10) years of the termination
of this Agreement and which results from Finder's efforts during the
term of this Agreement shall also be subject to the compensation
agreed to in Article 2 of this Agreement.
4. RIGHT TO REFUSE SALES. Offeror shall not be required to accept sales,
which result from Finder's efforts, but shall pay compensation to
Finder for only those sales which are accepted and which are
completed.
5. ENTIRETY. This Agreement represents the entire agreement by and
between the parties and may be modified only by a subsequent written
agreement signed by both parties.
6. APPLICABLE LAW. The parties agree that this Agreement shall be subject
to the application of the laws of the State of Arizona and shall be
construed in accordance with the laws of that State.
Company Initial BPS Finder Initial ET
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Date 07/10/01 Date 06/27/01
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WITNESS the signatures of the parties hereto, this the 28th day of
June, 2001.
Company
By: Xxxxxxxx Xxxxx Date 07/10/01
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Name: Xxxxxxxx Xxxxx Title: Chairman/CEO
Company: Heartsoft, Inc.
Address: 0000 Xxxxx Xxxxxxx Xxxxxx
City: Broken Arrow
State: Oklahoma Zip/Postal Code: 74012
Country: U.S.A.
Finder
By: Xxxxxx Xxxxxxx Date 06/27/01
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Name: Xxxxxx Xxxxxxx Title: NA
Company: SBI Strategic Business
Initiatives, Inc.
Address: 0000 Xxxxx 00xx Xxxxx
City: Phoenix
State: Arizona Zip/Postal Code: 85034
Country: U.S.A.
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