EXHIBIT 10.3
HB
▇▇▇▇▇▇ ▇▇▇▇▇▇▇ ASSOCIATES, INC.
▇ ▇▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇ ▇▇▇▇, ▇▇ ▇▇▇▇▇ / (▇▇▇) ▇▇▇-▇▇▇▇
Fax / (▇▇▇) ▇▇▇-▇▇▇▇
June 22, 2001
▇▇. ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇
Chairman
▇▇▇▇ ▇▇▇▇▇▇▇▇ ▇▇▇▇
▇▇▇▇▇ ▇▇▇
▇▇▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇
Dear ▇▇▇:
Pursuant to the signing of this agreement, ▇▇▇▇▇▇ ▇▇▇▇▇▇▇ Associates shall
assist Homes By Owners Inc. in their funding efforts, and in arranging for a
market for the stock and subsequent broker sponsorship. Our program shall be for
a period of three months, commencing, July 1, 2001. Our fee for this effort will
be $2,500 per month, and a total of $10,000 worth of stock for the entire 90-day
program to be held in escrow and issued to me at the time the Company begins
trading.
In the event we are successful in achieving a funding, ▇▇▇▇▇▇ ▇▇▇▇▇▇▇ Associates
shall be entitled to receive 4% of the gross proceeds of the financing, if the
offering is completed through any source introduced to the Company by ▇▇▇▇▇▇
▇▇▇▇▇▇▇ Associates.
If the foregoing sets forth our agreement, please sign and return the enclosed
copy, along with a check for the initial retainer of $2,500.
We look forward to a mutually rewarding relationship.
Sincerely,
/s/ ▇▇▇▇▇▇
▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇
Agreed to and Accepted By: ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇ Date: 6/25/01
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▇▇. ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇
Chairman
Homes By Owners, Inc.
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