Common Contracts

Contract

Agreement • May 5th, 2020 • Ontario

• Contract Type
  Agreement
• Filed
  May 5th, 2020
• Jurisdiction
  Ontario

<DOCUMENT> <TYPE>EX-10 <SEQUENCE>3 <FILENAME>exhibit.txt <DESCRIPTION>EX-10.1 (LETTER AGREEMENT REGARDING I-THREE INC. <TEXT> [LETTERHEAD OF AUCXIS CORP.] August 29, 2001 BoomBoat Inc. 220 King Street West Suite 300 Toronto, Ontario M5H 1K4 Attention: President Dear Sirs: RE: LETTER AGREEMENT REGARDING I-THREE INC. This letter is to confirm the terms upon which Aucxis Corp. ("Aucxis"), a company incorporated under the laws of the State of Nevada and Boom Boat Inc. ("BoomBoat"), a company incorporated under the laws of the Province of Ontario, agree to resolve all outstanding issues between them in connection with I-Three Inc. ("I-3"), a company incorporated under the laws of the State of Delaware, and in particular, (i) the status of the employees of I-3, (ii) the ownership of all intellectual property of I-3, and (iii) the ownership of certain assets of I-3. This letter agreement (including all schedules and agreements attached hereto), once executed by both parties hereto, will becom