0001127855-05-000392 Sample Contracts

JOINT VENTURE INVESTMENT AGREEMENT
Joint Venture Investment Agreement • May 31st, 2005 • Innofone Com Inc • Services-business services, nec • Nevada

This Joint Venture Agreement (hereafter "Agreement"), effective as of May ___, 2005, is made and entered into by and among Innofone, Inc., a Nevada Corporation having a principal office at 3470 Olney-Laytonsville Road, Suite #118, Olney, Maryland 20832 (“INFN”), Frederic Richardson, CEO of INFN (“FR”) and Ascot Investments, Inc., a Nevada corporation having its principal mailing address at 149 South Barrington Court, Suite # 709, Los Angeles, California 90049 (“ASCOT”), (the foregoing being hereinafter collectively referred to as the “Parties”).

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