EXHIBIT 10.1 Agreements with Joseph Ardito, Jr. and Dr. Kenneth Shenkman newagecities.com, Inc. 1401 Johnson Ferry Road Suite 328, F-36 Marietta, GA 30062 June 30, 2001 Mr. Joseph Ardito, Jr. newagecities.com, Inc. 1401 Johnson Ferry Road Suite 328,...Stock Issuance Agreement • July 18th, 2001 • Newagecities Com Inc • Services-business services, nec
This is to advise that in lieu of cash payments owing to you for past due salaries and services rendered to newagecities.com, Inc. representing an obligation of the company in the aggregate amount of $76,359.77, newagecities.com, Inc. will issue to you 1,997,195 shares of its common stock. Kindly acknowledge your acceptance of this arrangement by executing this letter of agreement on the line provided below.
