Item 1.01 Entry into a Material Definitive Agreement.
On or about
The agreement stipulates a full and settlement of all matters between the
Parties, Defendants, jointly and severally, will pay Plaintiff the total sum of
sum of Two Hundred and
Should the Company fail to pay the sums set forth above, or any portion thereof
when due, said failure shall constitute a default Defendants' obligations
hereunder ("Default"). In the event of such Default, Plaintiff shall give
Defendants notice via email "Notice of Default". After notice is given,
Defendants shall have five (5) calendar days within which to cure the Default by
delivering to Plaintiff the outstanding payment due as of the date of the Notice
of Default. Acceptance of a late payment shall not constitute a waiver nor in
any way prejudice Plaintiff's right to receive and demand timely payments
thereafter. Should Defendants fail to cure the default with five (5) calendar
days of the date of Plaintiff's Notice of Default, Plaintiff may enter judgment
against Defendants, jointly and severally, in the total amount of Two Hundred
and
Item 8.01 Other Events
On
Forward-Looking Statements
Statements contained in this current report that are not statements of historical fact are intended to be and are hereby identified as "forward-looking statements" for purposes of the safe harbor provided by the Private Securities Litigation Reform Act of 1995. Generally, forward-looking statements include expressed expectations of future events and the assumptions on which the expressed expectations are based. All forward-looking statements are inherently uncertain as they are based on various expectations and assumptions concerning future events and they are subject to numerous known and unknown risks and uncertainties which could cause actual events or results to differ materially from those projected. The Company undertakes no obligation to update or revise this current report to reflect future developments except as otherwise required by the Securities Exchange Act of 1934.
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