B&B TECHNOLOGIES LP
B&B Technologies
LP
4720 Lincoln Blvd. Suite 300
Marina Del Rey, CA 90292
(619) 889-6397 Telephone
(480) 733-2509 Fax
E-Mail ceo@damps.com
B&B TECHNOLOGIES LP
1001 N. PASADENA #9
MESA, AZ 85201-3517
(619) 889-6397 Telephone
(480) 733-2509 Fax
E-Mail ceo@damps.com
FINDERS FEE EQUITY AGREEMENT
As of 5/10/99 All new "Finder Fees" are to be
negotiated. This replaces the current offering herein.
This agreement is between Jeffrey W. Brown, General
Partner of the DAMPS I Partnership and _____________________ ( the Finder ).
It is hereby agreed that any qualified investor introduction provided by
the Finder to Brown, that results in DAMPS I Equity being purchased, shall
receive a Finders Fee as outlined herein.
Qualified Investors
Qualified investors are outlined by the SEC to have a specific qualifying net
worth over $ 300,000 and/or a reasonable professional or working understanding of the
elements of investment risk inherent in any venture.
Qualified Investors introductions, shall be made solely through the DAMPS I
Partnership web site www.damps.com., which acts as our Private Placement Memorandum (PPM).
Notice of DAMPS I Equity purchased will be presented to the Finder within five
days from Kent A. Truckenbrod, the partnership accountant.
The Finders Fee Schedule
DAMPS I Equity up to $ 20,000; The Finder
shall receive: .10% Equity and a cash commission of 5% of the total equity purchased.
In addition the Finder will receive the right to purchase a 1% DAMPS
Equity option for $3,000. The General Partner has designated the price of 1% DAMPS Equity
to be $ 100,000.
DAMPS I Equity $ 20,000 to $ 100,000; The
Finder shall receive: .25% Equity and a cash commission of 5% of the total equity
purchased. In addition, the Finder will receive the right to purchase a
1% DAMPS Equity option for $ 3,000. The General Partner has designated the price of 1%
DAMPS Equity to be $ 100,000.
DAMPS I Equity $ 100,000 to $ 500,000; The
Finder shall receive: .50% Equity and a cash commission of 3% of the total equity
purchased. In addition, the Finder will also receive the right to
purchase a 1% DAMPS Equity option for $ 3,000. The General Partner has designated the
price of 1% to be $100,000.
DAMPS I Equity $ 500,000 to $ 1.5 million; The
Finder shall receive: .75% Equity and a cash commission of 2% of the total equity
purchased. In addition the Finder will receive the right to purchase a
1% DAMPS Equity option for $ 3,000. The General Partner has designated the price of 1%
DAMPS Equity to be $ 100,000.
DAMPS I Equity $ 1.5 to $ 5.2 million; The
Finder shall receive: 1.0% Equity and a cash commission of 1% of the total equity
purchased. In addition the Finder will receive the right to purchase a
2% DAMPS Equity option for $ 6,000. The General Partner has designated the price of 2%
DAMPS Equity to be $ 200,000.
Options
All options, herein are one year renewable, under the same terms. Equity price and
quantity are designated per this agreement.
Any cash fee or equity share may be divided with other parties connected to any
introduction, ( i.e. co-introducer ) at the discretion of the General Partner.
Jeffrey W. Brown General Partner, is the only authorized person to make such an offer on
behalf of the DAMPS I CA Partnership and is solely responsible for its content.
This agreement will be recorded by:
the DAMPS I Partnership CPA, Kent A. Truckenbrod &
the DAMPS I Partnership Attorney, Richard P. Miller. Esq.
I agree to the terms outlined above.
| __________________________ |
_____________ |
Jeffrey W. Brown
CEO/General Partner |
Date |
__________________________ |
_____________ |
|
Date |
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