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Marketing Agreement - Sample Document

Marketing Agreement | Document Parties: Allied Global Ventures, LLC | Retirement Solutioncom, Inc You are currently viewing:
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Allied Global Ventures, LLC | Retirement Solutioncom, Inc

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Title: Marketing Agreement
Governing Law: New York     Date: 7/14/2008
Industry: Metal Mining     Sector: Basic Materials

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Exhibit 10.1

STATE OF NEW YORK
Marketing Agreement
COUNTY OF NEW YORK


THIS AGREEMENT entered into as of the 2nd day of July, 2008 by and between The Retirement Solution.com, Inc. (hereinafter referred to as “TRES”), and Allied Global Ventures, LLC (hereinafter referred to as “AGV”) as follows:
W I T N E S S E T H:
WHEREAS, TRES is a publicly traded company engaged in the business of the education of investors and the providing of said investors with certain proprietary financial information;
WHEREAS, Allied Global Ventures, LLC is a limited liability corporation organized and existing under the laws of The State of Florida for the purpose of entering into business transactions;
WHEREAS, the Parties desire to enter into this Agreement to evidence their entire contract regarding the funding of advertising and marketing expenditures on behalf of TRES;
NOW, THEREFORE, in consideration of the funding to be made by AGV into TRES as hereinafter stated and for other and valuable consideration, the Parties hereby agree as follows:
 
1.
AGV hereby agrees to fund up to one million dollars ($1,000,000) into TRES for the purpose of marketing and advertising activities on behalf of TRES.
 
2.
TRES hereby agrees to return 120% of the funds provided by AGV from the revenue generated from each TRES marketing event. In the event that a marketing campaign event does not generate 120% of expended funds from the revenue of said event, the shortfall will be covered by the revenue from other marketing activity events paid for by AGV. In the event that the initial marketing event activities in their aggregate do not generate at least 120% of AGV’s funded expenditures, TRES agrees that it will cover the shortfall from other events and revenues which are generated by TRES in its other businesses.
 
 
 

 

3.
AGV hereby agrees to fund the total amount of up to $1,000,000.00 in the form of periodic payments upon receiving monthly invoices from TRES. Said monthly payment(s) shall be made to TRES immediately upon receipt of invoice(s). TRES hereby agrees to provide the first payment to AGV on January2, 2009 and each monthly funding payment thereafter will also be paid on the six-month anniversary date of when TRES received the funds from AGV for the marketing activity events.
 
4.
AGV agrees to accept secured convertible promissory notes at the six month anniversary date of each funding in lieu of cash and for whic

 
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