Northsight Capital
EXHIBIT 10.7
Northsight Capital
0000 X. Xxxxx Xxxx
Scottsdale, AZ 85260
Xxx Xxxx Park | September 23, 2014 |
PO Box 14110
Scottsdale, AZ 85267
Dear Xx. Xxxx:
This will confirm the agreement between you and Northsight Capital, Inc. (the “Company”) that you will transfer to the persons listed on Exhibit A hereto, for the consideration set forth herein and no other consideration, that number of shares of Company Common Stock listed opposite each such person’s name on such Exhibit A (an aggregate of 3,775,000 shares of Company Common Stock) (the “Shares).
In consideration of your transfer of the Shares in accordance with the foregoing, the Company shall, concurrently with the execution of this agreement, pay to you the sum of $75,500 in cash.
If the foregoing correctly states our agreement, please countersign this letter where indicated below and return a copy to me as soon as possible.
Very truly yours,
By: /s/ Xxxx Xxxxxx
Xxxx Xxxxxx, CEO
AGREED TO AND ACCEPTED:
/s/ Xxx Xxxx Park
Xxx Xxxx Park
Date: September 23, 2014
EXHIBIT A
Name of Shareholder |
| Number of Shares |
JSL Kids Partners |
| 100,000 |
Xxxx Xxxxxx Xxxxx |
| 200,000 |
Sandor Capital Partners |
| 500,000 |
Xxxxxxx Xxx.Xxxxx |
| 125,000 |
Xxxx X. Xxxxxxx |
| 200,000 |
Xxxxx Xxxxxxxx, XX. |
| 200,000 |
Triage Capital Management |
| 100,000 |
Xxxx Xxxxxxxxx |
| 100,000 |
Xxxxxxxxxxx Walk |
| 800,000 |
Xxxx Xxxxxxxxx |
| 100,000 |
Xxxxxx Xxxxxxx |
| 200,000 |
Xxxx Xxxxxxx |
| 400,000 |
Xxx Xxxx |
| 50,000 |
Wintermark, LLC |
| 700,000 |
Total: |
| 3,775,000 |
