EXHIBIT 4.3
[Letterhead of Xxxxxxx Xxxxxxxxx]
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 Xxxxxxx Xxxxxxxxx, Esq. ("Xxxxxxxxx"). 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 part of
its outstanding bill for legal services with shares of the Company's common
stock, $.001 par value.
We understand that the retainer will be satisfied by the issuance of
500,000 shares valued at $6,500. The board of directors has approved the filing
of a registration on Form S-8 for these 500,000 shares. The legal services for
which these shares are being registered and subsequently issued to Xxxxxxx
Xxxxxxxxx, 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/ Xxxxxxx Xxxxxxxxx, Esq.
XXXXXXX XXXXXXXXX, ESQ.
ACCEPTED AND AGREED:
HY-TECH TECHNOLOGY GROUP, INC.
By: /s/ Xxxxxx Xxxxxxx
-------------------------
Name: Xxxxxx Xxxxxxx
Title: CEO
