EXHIBIT 10.36
STRATEGIC PARTNERSHIP
AGREEMENT
The following describes the companies, duties
and responsibilities of the Strategic Partnership between
PurchaseSoft Inc, The United States Mexico Chamber of Commerce
(USMCOC) and Cornerstone Communications, LLC.
Upon execution of this agreement by all parties,
each shall work diligently to ensure overall approval for the
“Wiring the Border” project. Each party shall
individually and collectively acknowledge their duties and
responsibilities to the project and their respective commitments
thereto, as outlined below. Each executive agrees to make
himself reasonably available for interviews and meetings regarding
the aspects of the project which pertain to his company’s
duties and responsibilities.
Upon project funding and based upon the current
business model for the e-Marketplace, a revenue sharing agreement
for the sharing of ongoing revenues from the e-Marketplace will be
developed. The revenue sharing agreement will be drafted and
executed by all parties within 30 days of project funding.
This revenue sharing agreement would be considered an attachment to
this Strategic Partnership Agreement.
Definitions
1.
PurchaseSoft, Inc.
PurchaseSoft, Inc., a Delaware
corporation, is a software company, which has specialized in
procurement software and has been in operation for 24
years.
2.
USMCOC
A group of distinguished Mexican and
U.S. businessmen established the United States-Mexico Chamber of
Commerce (USMCOC) in 1973 as a 501 (c) (6) non-profit business
association chartered in Washington D.C. The coalition of
businessmen created a bilateral organization to promote trade,
investment, and joint ventures on both sides of the border.
Now in its third decade of operation, the Chamber has grown into a
unique non-profit corporation operating through 12 offices in
Mexico and the United States. All chapters and offices, with strong
local membership and international con
