50 of the Top 250 law firms use our Products every day
Exhibit
10.4
FINDER’S FEE AGREEMENT
This Agreement is made this 5 th day of January
2009
By and Between:
Quadra Projects Inc. a body corporate incorporated in
Nevada having an office at at #200-245 East Liberty Street
Reno, Nevada, USA 89501
(hereinafter referred to as “QUADRA” )
OF THE FIRST PART,
AND
Magnum Group International Inc., a body
corporate incorporatedinthe
Belize, having an office at No.5 New Road, P.O. Box 388,
Belize City Belize
(hereinafter referred to as the “FINDER” )
OF THE SECOND PART.
1
SCOPE
A.
WHEREAS the “FINDER” has contact
with companies, firms, individuals (the “investors or joint
venture participants”) that are interested in participating
in Joint Ventures with QUADRA and may become financial supporters,
investors or shareholders, or may participate in a Joint Venture
with QUADRA or any part of the QUADRA related subsidiaries and
joint ventures, and limited to the scope of services defined in
this contract.
B.
AND WHEREAS THE “FINDER” hereby
agrees to direct referrals of these investors or joint venture
participants to “QUADRA” so as to develop contacts with
these investors or joint venture participants and / or to arrange
for contact between “QUADRA” and the investors or joint
venture participants defined above.
The “FINDER” and “QUADRA” hereby
agree as follows:
1.1.1
QUADRA agrees to pay “FINDER” a
Finder’s Fee equivalent to a Ten Per Cent (10%) (see Section
2.6 for details) of the financial interest invested in the Joint
Ventures” acquired otherwise in “QUADRA” or the
sum of $150,000 USD whichever is greater by these investors or
joint venture participants that have been referred (hereinafter
known as “REFERRED INVESTORS OR JOINT VENTURE
PARTICIPANTS”) by the “FINDER”.
1.1.2
Net fees are based on the total value of
financial interest as defined in the Agreement between
“QUADRA” and the “REFERRED INVESTORS OR JOINT
VENTURE PARTICIPANTS”, and shall not include any associated
costs such as cost of processing, legal search; applicable taxes,
etc. (refer to the subscription contract between
1
“QUADRA” and the “REFERRED
INVESTORS OR JOINT VENTURE PARTICIPANTS” or the Joint Venture
agreements for details).
1.1.3
The ‘REFERRED INVESTORS OR JOINT VENTURE
PARTICIPANTS” that the “FINDER” refers to QUADRA
shall be pre-qualified. That is, the “FINDER” shall
have determined as to whether the “REFERRED INVESTORS OR
JOINT VENTURE PARTICIPANTS” have already begun to develop a
relationship with QUADRA.
1.1.4
The “FINDER” shall provide all
referrals to QUADRA and shall provide them exclusively. This
arrangement shall remain in effect during the course of the
Agreement between QUADRA and the “REFERRED INVESTORS OR JOINT
VENTURE PARTICIPANTS”; and in the event of cancellation of
the said Agreement between QUADRA and the “REFERRED INVESTORS
OR JOINT VENTURE PARTICIPANTS”; the subject arrangement shall
remain in effect until one year after the effective date of
cancellation, unless specifically agreed otherwise.
2
INVOICING
2.1
“QUADRA” agrees to disclose to the
“FINDER” financial terms related to the Agreement
between QUADRA and the “REFERRED INVESTORS OR JOINT VENTURE
PARTICIPANTS”. If financial arrangements between
“QUADRA” by the “REFERRED INVESTORS OR JOINT
VENTURE PARTICIPANTS” allow for incremental execution of the
said financial agreement, the copy of related documents is to be
sent to the “FINDER”, and shall be sent at the same
time it is sent to the “REFERRED INVESTORS OR JOINT VENTURE
PARTICIPANTS”.
2.2
The “FINDER” shall use the above
documents as the basis to which the Finder’s Fee sh
