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Agreement

 

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Title:

Agreement

Entities:

Goldtech Mining Corporation; Egan Systems Inc.

Date:

2003

Size:

Preview shows 3KB of 8KB total

Price:

$35

ID:

#174673

 

 

► Fee Agreements ► Function ► Consulting (Business Relationships)

 

 

Start of Preview




AGREEMENT



This AGREEMENT made as of April 7, 2003, (the "Agreement"), between
Goldtech Mining Corporation ("Goldtech"), a Washington corporation with its
principal place of business located at the law offices of Tolan S. Furusho, 2200
112th Avenue NE, Suite 200, Bellevue, Washington 98004 ("Goldtech") and Mr.
Louis Duprat ("Duprat"), a retired attorney, business consultant, and agent for
mining properties with its registered offices at Suite 812 - 22588 Royal
Crescent, Maple Ridge, British Columbia, Canada V2X 3T6.

Goldtech is in the process of securing mining properties and/or
mining claims for the purposes of exploring and developing mining properties in
British Columbia, Canada and elsewhere.

Duprat is in the business of consulting with mining companies and
developing business and development plans concerning those properties. Duprat
has an extensive contact base within the mining community to develop certain
business plans to create business opportunities pertaining to development stage
mining projects primarily within the country of Canada.

NOW THEREFORE, in consideration of the mutual covenants of the parties
and for other good and valuable consideration, receipt of which is hereby
acknowledged by the Company, the parties hereto agree as follows:

1. Agency Agreement. Goldtech grants to Duprat the exclusive right to
develop business plans with contacts within the mining community for the
purposes of creating a viable business venture on designated properties within
the Province of British Columbia, Canada and other locations in Canada, and to
negotiate on behalf of Goldtech, pursuant to that business plan. Duprat will be
responsible for all of his expenses in the initial development of the mining
business plan(s). In the event that Goldtech adopts the businss plan developed
by Duprat, then Duprat shall provide expense receipts be reimbursed by Goldtech
for all expenses.

2. Term. The term of this Agreement is for thirty-six (36) months,
unless extended by both parties.

3. Payment to Duprat. Goldtech agrees to pay Duprat $50,000 to
100,000 USD for each business plan pertaining to a mining property and/or mining
claim owned or joint ventured by Goldtech. The amount of the fee is to be
determined and agreed to by both parties depending on the amount of work by
Duprat to create the business and property development plan, size and potential
of the mining property and/or mining claim. These funds will be paid directly by

 

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