Exhibit 10.1 February 5, 2004 Humbert B. Powell III, Chairman Essential Reality, Inc. 263 Horton Hghy. Mineola, NY 11501 RE: PROPOSED REORGANIZATION Dear Mr. Powell: This letter agreement serves as the agreement between Essential Reality, Inc. (the...Reorganization Agreement • June 29th, 2004 • Essential Reality Inc • Computer peripheral equipment, nec
This letter agreement serves as the agreement between Essential Reality, Inc. (the "Company") and Jackson Steinem, Inc. ("JSI") regarding compensation for non-legal services provided by JSI to the Company, including but not limited to services in connection with the Company's proposed reorganization transaction (the "Reorganization"). For JSI's services to the Reorganization, the Company shall duly issue and deliver, or cause to deliver as soon as practicable after the closing of the private placement offering contemplated by the Company, to JSI 30,000 shares of the Company's common stock at a value of $.14 per share.
Exhibit 10.2 February 5, 2004 Humbert B. Powell III, Chairman Essential Reality, Inc. 263 Horton Hghy. Mineola, NY 11501 RE: RETAINER AGREEMENT Dear Chairman Powell: This letter confirms that Gottbetter & Partners, LLP ("G&P") will represent Essential...Retainer Agreement • June 29th, 2004 • Essential Reality Inc • Computer peripheral equipment, nec • New York
