Standard Contracts
BINDING LETTER OF INTENTLetter of Intent • April 9th, 2009 • Seraph Security, Inc. • Telephone communications (no radiotelephone)
This Binding Letter of Intent dated on February 25, 2009 (the “Agreement”) outlines the general terms and conditions by which Michael Friedman/Commerce Online Technologies, with a principal address of 801 South Olive Ave., #113, West Palm Beach, FL 33401, (the “Buyer”) and Seraph Security, Inc. (SRHS), (the “Seller”) (Buyer and Seller collectively the “Parties”), intend to facilitate a merger, acquisition, or other combinational transaction with a public company, traded under symbol “ SRHS ” (the “Vehicle”). The closing date of this agreement shall be on or before April 25th, 2009.
