EXHIBIT 10.1 Description of Oral Agreement To Provide Funding to Organic Spice Imports, Inc. Ali Balaban and Daniel Masters, both of whom are officers and directors of Organic Spice Imports, Inc. (the "Company") have orally agreed to provide the...Oral Agreement for Funding • May 12th, 2011 • Organic Spice Imports, Inc. • Blank checks
Contract Type FiledMay 12th, 2011 Company IndustryAli Balaban and Daniel Masters, both of whom are officers and directors of Organic Spice Imports, Inc. (the "Company") have orally agreed to provide the necessary funds for the Company to comply with the 1934 Act reporting requirements and to complete a business combination between the Company and an as yet unidentified operating business. The terms and conditions of this agreement are as follows: