XXXXXX LAW GROUP LETTERHEAD
January 18, 2000
Via Facsimile (000) 000-0000
Xxx Xxxxxxxx
Lakota Technologies, Inc.
0000 Xxxxx Xxxxx Xxxx, Xxxxx 000
Xxxxxxx, XX 00000
Dear Xxx:
This letter will confirm our agreement as to the following:
1. The 475,000 shares of common stock previously issued to MRC Legal
Services Corporation and/or Xxxxx X. Xxxxxxxx shall be registered on Form S-8
within 15 days of the Company's eligibility to do so; and
2. An additional 200,000 shares of restricted common stock will be
issued to MRC Legal Services Corporation in exchange for a credit to the
outstanding balance owing to this firm by Lakota of the lesser of (i) the entire
balance due and owing as of January 31, 2000, or (ii) $25,000. These additional
shares shall also be registered on Form S-8 within 15 days of the Company's
eligibility to do so.
Please indicate your acceptance of the terms hereof by your signature
below.
Sincerely,
/s/ Xxxxx X. Xxxxxxxx
Xxxxx X. Xxxxxxxx, Esq.
Lakota Technologies, Inc.
/s/ Xxx Xxxxxxxx
_______________________________
By: Xxx Xxxxxxxx, President
