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Exhibit 4.1
Contract # 2006-006
SPONSOR
MARKETING AGREEMENT
THIS AGREEMENT is made and entered into this 9th day
of April, 2006, by and between Venturini Motorsports, a sole proprietor, 571
Pitts School Rd. NW, Concord, NC 28027 and Hamptons Luxury Homes Inc., 367
Butter Lane, Bridgehampton, NY 11932.
Witnesseth:
WHEREAS, Venturini Motorsports desires to grant certain advertising
rights to Hamptons Luxury Homes Inc., and Hamptons Luxury Homes Inc. desires to
purchase such rights from Venturini Motorsports;
WHEREAS, the parties to this agreement have each determined for
itself the benefits of this undertaking, with the express understanding that it
cannot be predicted whether and to what extent the parties may benefit hereby;
NOW, THEREFORE, in consideration of the promises, the
mutual covenants herein contained and each act done pursuant hereto, the
parties hereby agree as follows:
1. Grant of Advertising
Rights. Hamptons Luxury Homes Inc. hereby purchases the
following: Primary and or
Associate Sponsorship on
the Arca ReMax Series Car (the “Advertising Rights”), It is
specifically understood and agreed that the Advertising Rights hereby granted
to Hamptons Luxury Homes Inc. constitute the sole rights of Hamptons Luxury
Homes Inc. with regard to the Races, or any events and appearances made by the
car when requested by Hamptons Luxury Homes Inc., except only those additional
rights which are set forth in Paragraph 2. If a show car appearance is paid for
by another sponsor, that paying sponsor has the right to replace the Hamptons
Luxury Homes Inc. logo with their own. It is further understood that Hamptons
Luxury Homes Inc. has no property rights whatsoever in any of Venturini
Motorsports’ signage, equipment, vehicles, race cars, or the components thereof.
Hamptons Luxury Homes Inc. agrees to provide Venturini Motorsports with
camera-ready or final artwork.
2.
Grant of Additional Rights.
-This Agreement does not grant exclusivity on the
Race Car. The advertising right
location on the race cars will be a follows:
a)
The Hamptons Luxury Homes Inc. logo will
be displayed in the primary sponsor location on the Venturini Motorsports race
car (rear quarter panels or hood), for a minimum of 8 races. (This amount was
figured from the original agreement of $12,500 per race to be deducted from a
$100,000 total). Both Pocono races will be in these selected races.
b)
Hamptons Luxury Homes Inc. will be listed
as one of the two primary sponsors on all press and TV material for these
selected races.
c)
The Hamptons Luxury Homes Inc. logo will
be displayed on the car in the primary sponsor location pro bono for any
remaining races as long as Venturini Motorsports has not secured another
primary sponsor for that given race.
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d)
The Hamptons Luxury Homes Inc. logo will
be displayed in an associate sponsor location, (top of deck lid,
“B” or “C” pillar, or front lower quarter panel) at any
remaining races when not listed or displayed as a primary sponsor.
e)
Hamptons Luxury Homes Inc. has the
additional rights to display their logos on the 52 ft. transporter.
3.
Consideration and Schedule of Payment.
a)
Hamptons Luxury Homes Inc. hereby
agrees to pay Venturini Motorsports for the Advertising Rights and other rights
separately listed in Paragraph 2, 100,000 shares of Hamptons Luxury Homes Inc.
stock. This will be deposited into an account at Morgan Stanley in the name of
William Venturini by the opening of the stock exchange on April 13, 2006. The
minimum dollar value of this stock at the opening of April 13, 2006, is
to be $100,000. The trading symbol is HLXH on the O.T.C.B.B.
b)
All graphics, decals for race cars and
transporter, uniforms if any, logo press kit
material, extra pit passes, etc, are
the financial responsibility of Hamptons Luxury Homes Inc. All additional
payments for uniforms, graphics, decals, pit passes, etc. are due upon receipt
of invoice.
4.
Term of Agreement. The Advertising Rights hereby granted shall be for a term commencing on Ap






