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FINDERS FEE AGREEMENT

Fee Agreement

FINDERS FEE AGREEMENT | Document Parties: Birchwood Capital Advisors, Inc | Hybrid Dynamics Corporation You are currently viewing:
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Birchwood Capital Advisors, Inc | Hybrid Dynamics Corporation

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Title: FINDERS FEE AGREEMENT
Date: 11/14/2008

FINDERS FEE AGREEMENT, Parties: birchwood capital advisors  inc , hybrid dynamics corporation
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Exhibit 10.2

 

FINDERS FEE AGREEMENT

 

 

THIS AGREEMENT is made this 8th day of September, 2008 by and between Birchwood Capital Advisors, Inc. a New Jersey corporation, having its main office 264 Union Boulevard, Totowa, NJ 07512, hereinafter referred to as ("CONSULTANT") and Hybrid Dynamics Corporation, a Nevada corporation having its main office at 52-66 Iowa Avenue, Paterson, New Jersey 07530 hereinafter referred to as ("COMPANY").

 

The following represents our agreement, in consideration of each other's promises or acts with respect to this Finder's Fee Agreement. Consultant has introduced and/or will introduce potential Investors to Company in return for Company's agreement to pay Consultant (or nominee) compensation for these introductory services if an investment is made. Therefore, the parties herein agree as follows:

 

1.  Investor. The "registered" Investors, i.e., those investors which Consultant will introduce to Company, will be named and listed by separate cover letter(s), and such letters shall be governed by, and included under the provisions of this Agreement as if included herein.

 

Further, the compensation Company has herein agreed to pay Consultant shall be payable in the event any registered investor, associate, co-investor or other entity procured by a "registered" Investor purchases from, invests in or advances funds toward Company's project and/or Company or any of Company's wholly-owned subsidiary companies. All are defined as an "Investor."  Consultant will not make any representation to an Investor regarding the Company or enter into any covenants or agreements with any Investor on behalf of the Company. The Company has the exclusive right, in its sole discretion, to accept or reject any investment or proposal from an Investor.

 

2.  Non-Exclusive Agreement.  Notwithstanding the foregoing or anything to the contrary stated herein, the Company and Consultant agree that this Agreement shall be exclusive only to the Investors and otherwise shall not prohibit the Company from entering into any other agreement or agreements with parties other than the Investors, nor shall this Agreement prohibit the Company from entering into any transaction with any other party. In addition, no fees or compensation of any nature whatsoever shall be due or payable by the Company to Co


 
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