Subsequent Transactions. Upon the receipt of $100,000.00 in royalties from subscriptions and advertising revenues by Virtual Hunters, Virtual Hunters shall transfer rights to all technologies and royalties developed and encompassed by this agreement to Interactive Outdoors. Additionally, Interactive Outdoors shall have the option to purchase, for the aggregate sum of 25,000, certain assets of Virtual Hunters, as set forth in Exhibit "A" attached hereto, at such time the option to purchase is exercised.
Appears in 2 contracts
Sources: Joint Venture Agreement (Interactive Outdoors Inc), Joint Venture Agreement (Interactive Outdoors Inc)