Common use of Compensation for the Services Clause in Contracts

Compensation for the Services. In consideration for the services rendered by THE COMPANY shall pay to Camden as follows: A. THE COMPANY shall pay to Camden a fee of Two Million Five Hundred Thousand shares of restricted stock of the company. This fee shall be non-refundable and considered earned when the shares are delivered. It is agreed that the fee shall be paid within 3 days after execution of this agreement. Camden may designate third parties to be paid all or a portion of the fee by notifying The company. This agreement may be assigned to principles of Camden to perform this service. Advances by Camden to National B. Camden will agree subject to the execution of a promissory note between the party's loan up to Two Hundred and Fifty Thousand Dollars ($250,000) in cash and other consideration to the company. All advances shall be paid back in full within 120 days from the execution of the promissory note. A promissory note reflecting the advances will be issued by the parties and executed by the company.