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FINDERS FEE AGREEMENT

Fee Agreement

FINDERS FEE AGREEMENT | Document Parties: EGPI FIRECREEK, INC. | Asian Ventures Corp | Stuart Siller Group You are currently viewing:
This Fee Agreement involves

EGPI FIRECREEK, INC. | Asian Ventures Corp | Stuart Siller Group

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Title: FINDERS FEE AGREEMENT
Governing Law: Georgia     Date: 7/31/2009
Industry: Oil and Gas Operations     Sector: Energy

FINDERS FEE AGREEMENT, Parties: egpi firecreek  inc. , asian ventures corp , stuart siller group
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Exhibit 10.1

FINDERS FEE AGREEMENT

 

 

 

July 2, 2009

 

EGPI Firecreek, Inc.

6564 Smoke Tree Lane

Scottsdale, AZ 85253

 

M3 Lighting, Inc.

Atlanta, Georgia

 

Asian Ventures Corp.

Nevada Corporation

 

Strategic Partners Consulting, L.L.C. (“SPC”)

a Georgia limited liability company

 

THIS ENGAGEMENT AGREEMENT (the "Agreement"), made as of this 2 nd day of July 2009, by and between:

 

THE PARTIES of the Triangular Merger Agreement (named above / "Company"),

 

AND

 

Joseph Gourlay / Stuart Siller   Group   (hereinafter "Consultant"), each a "Party" and collectively the "Parties".  Specific names of entities and coordinates for the stock certificates (2) will be provided.

 

WITHNESSETH THAT:

 

WHEREAS, the Companies named above and its respective affiliates or successor corporations, partnerships or other business entities are public and privately held corporations.

 

WHEREAS, the Company has requested the assistance of Consultant in acquisition, partnership, merger, and or business combinations, and is willing to compensate Consultant for such completed transaction; and

 

WHEREAS, Consultant will introduce Company to Candidates, specific individuals and entities who will be interested in completing this goal, directly or indirectly.

 

NOW, THEREFORE, intending to be legally bound, and in consideration of the mutual promises and covenants contained herein, the Parties have agreed as follows:

 

Candidate(s): As used in this Agreement, the term "Candidate(s)" shall be deemed to mean one or more individuals, firms, entities, affiliations, or persons; that is introduced to Company directly or indirectly by Consultant and that is interested in assisting Company / ies.

 

1. Engagement of Consultant..

 

Company hereby appoints Consultant as its non-exclusive agent to represent Company.

 

2. Term.

 

The term of this agreement shall commence at the signing of this agreement (the "Effective Date”) and end 1 year from the date it is executed by Company, or as such other time as may be mutually agreed in writing by the Company and Consultant, provided that the Company shall remain responsible for the compensation obligations of the Company under this Agreement. If during a period of twelve ( 12 ) months following the termination date, the Company completes a transaction, one or more, with potential Candidate(s) introduced by Consultant in its capacity as an agent, then Consultant shall be entitled to the compensation as set forth in accordance with Item 3. (b.) and or (c.) below.

 

4


 

3. Fees.

 

(a.)  Upon the completion of the Triangular Merger recently announced, Company shall pay Consultant a Finder's Fee as follows:

 

Company shall pay to Consultant an amount equal to  two   (2%) percent or a total of 477,361 shares (rounded up) of the issued and outstanding shares post merger based upon 23,868,015 shares issued and outstanding. The shares shall be issued as restricted stock / 144 stock upon signing of this Agreement unconditionally (shares are agreed to be instructed for issuance to Consultant, and per their directive in the aggregate amount totaling 2% described above


 
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