ELECTRIC AQUAGENICS UNLIMITED, INC. (a Delaware corporation) UNDERWRITING AGREEMENT 200,000 Minimum/1,000,000 Maximum Shares of Common Stock, Par Value [$0.001] $400,000 Minimum/$2,000,000 Maximum Nexcore Capital, Inc. San Diego, California San Diego,...Underwriting Agreement • November 19th, 2002 • Electric Aquagenics Unlimited Inc • Specialty cleaning, polishing and sanitation preparations • California
Electric Aquagenics Unlimited, Inc. (the "Company"), a Delaware corporation, desires to offer for sale to the public a minimum of 200,000 and a maximum of 1,000,000 shares of common stock, par value $0.001, at an offering price of $2.00 per share, for an aggregate of $400,000 minimum and $2,000,000 maximum (the "Shares"). The Company desires to offer such Shares for sale through Nexcore Capital, Inc., (the "Underwriter"). The offering will be undertaken by the Underwriter as agent for the Company on a "best-efforts" basis, so that in the event $400,000 for the purchase of Shares is not received within the agreed period, no Shares will be sold, and the Underwriter will not be entitled to any compensation. On these premises, we set forth the terms of our proposed agreement as follows:
ContractProceeds Escrow Agreement • November 19th, 2002 • Electric Aquagenics Unlimited Inc • Specialty cleaning, polishing and sanitation preparations
THIS PROCEEDS ESCROW AGREEMENT (this "Agreement") is made and entered into this 14th day of November, 2002, by and between Electric Aquagenics Unlimited, Inc., a Delaware corporation (the "Company"), and AM Bank, a banking corporation (the "Escrow Agent")
ELECTRIC AQUAGENICS UNLIMITED, INC. (a Delaware corporation) AGREEMENT AMONG UNDERWRITERS 200,000 Minimum/1,000,000 Maximum Shares of Common Stock, Par Value [$0.001] $400,000 Minimum/$2,000,000 Maximum Date: _____________, 2002 Nexcore Capital, Inc....Underwriting Agreement • November 19th, 2002 • Electric Aquagenics Unlimited Inc • Specialty cleaning, polishing and sanitation preparations
We wish to confirm as follows the agreement among you, the undersigned and the other members of the Underwriting Group named in Schedule I to the Underwriting Agreement, as it is to be executed (all such parties being herein called the "Underwriters"), with respect to the best efforts offering purchase by the Underwriters of shares of Common Stock ("Securities") of Electric Aquagenics Unlimited, Inc. ("Company") set forth in Schedule I to the Underwriting Agreement. It is understood that the Underwriting Agreement will not be changed without our consent, except as provided herein, and in the Underwriting Agreement.
