SELLING AGENT AGREEMENTSelling Agent Agreement • December 29th, 2004 • Dickie Walker Marine Inc • Men's & boys' furnishgs, work clothg, & allied garments • Florida
Dickie Walker Marine, Inc., a Delaware corporation (“Dickie Walker” or the “Company”), on the basis of the representations, warranties, covenants and conditions contained herein, hereby confirms the agreement made with respect to the retention of Newbridge Securities Corporation (the “Selling Agent”) as the exclusive agent of the Company to assist the Company in finding qualified purchasers, pursuant to the terms of this Selling Agent Agreement (the “Agreement”), for up to an aggregate of up to 45 units each consisting of (a) 9,375 shares of common stock (the “Common Stock”); (b) one $12,500 promissory note, with interest payable at 8% per annum over a three-year term and (c) 5,000 30-month warrants to purchase common stock at $2.10 per share (each, a “Unit” or collectively, the “Units”) at an offering price of $25,000 per Unit, for aggregate gross proceeds of up to $1,125,000, on a “best efforts” basis (the “Offering”). The Units are more particularly described in a Private Placement
