EXHIBIT 10-2 FINDER'S FEE AGREEMENT BETWEEN MEDIAN INTERNATIOANL CORP. AND DAVID SIDOO DATED MARCH 8, 2005

 

 

 

 

                                  EXHIBIT 10-2

 

                             FINDER'S FEE AGREEMENT

 

                                    BETWEEN

 

                           MEDIAN INTERNATIOANL CORP.

 

                                      AND

 

                                  DAVID SIDOO

 

                                     DATED

 

                                 MARCH 8, 2005

 

 

 

 

 

 

                                     

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                             FINDER'S FEE AGREEMENT

 

 

THIS AGREEMENT made as of March 8, 2005.

 

 

BETWEEN:

 

                  MEDINA  INTERNATIONAL  CORP.  a Nevada  corporation  having an

                  office at 1305 - 1090 West Georgia Street  Vancouver,  BC, V6E

                  3V7

                  ("Medina")

 

AND:

 

                  DAVID  SIDOO,  a  businessman  having an office at 1729 Acadia

                  Road, Vancouver, BC V6T 1R2

                  ("Finder")

 

 

A.       Finder is able to introduce certain  potential  financiers or acquirers

         directly or indirectly to Medina;

 

B.       The  parties  have agreed to the payment by Medina to Finder of certain

         fees  respecting  the  provision  of the  services if a  Financing  (as

         defined below) can be arranged.

 

NOW THEREFORE this Agreement witnesses that in consideration of the premises and

mutual covenants and agreements  contained herein, the parties agree as follows:

 

1.       In  this  agreement  the  following  terms  shall  have  the  following

         meanings:

 

 

         (a)      "Finder's Fee" has the meaning  assigned  thereto in Section 4

                  hereof;

 

         (b)      "Financier" is a person who completes a Financing with Medina;

 

         (c)      "Financing" means any of the following  transactions involving

                  Medina made or arranged by or through the efforts of any party

                  introduced directly or indirectly by Finder, including:

 

                  (i)      any acquisition,  disposition or equity investment of

                           a portion or an interest in Medina;

 

                  (ii)     any loan or other credit transaction involving Medina

                           which could be  reasonably  interpreted  under common

                           language usage as a financing; or

 

                  (iii)    acquisition  by  or  of  a  publicly  listed  company

                           (Pubco)  on any  stock  exchange  or  public  trading

                           market.

 

         (d)      "Term" has the meaning assigned thereto in Section 2 hereof.

 

 

 

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                                      -2-

 

 

2.       This  Agreement  will  commence as of the date first above  written and

         will  continue  in full  force  and  effect  for a  period  of 6 months

         thereafter (the "Term").

 

3.       Finder  agrees  to  introduce  Medina  and its  business  to  potential

         Financiers who, in Finder's  opinion,  may be interested in providing a

         Financing to Medina.

 

4.       Medina  hereby  agrees to pay to Finder a finder's  fee (the  "Finder's