Attached files
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Pursuant to Section 13 or 15(d) of the
Securities Act of 1934
(Date of Report)
(Date of Earliest Reported Event)
Delaware |
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000-55206 |
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46-5488722 |
(STATE OR OTHER JURISDICTION OF INCORPORATION OR ORGANIZATION) |
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(COMMISSION FILE NO.) |
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(IRS EMPLOYEE IDENTIFICATION NO.) |
(ADDRESS OF PRINCIPAL EXECUTIVE OFFICES)
(ISSUER TELEPHONE NUMBER)
ITEM 1.01 ENTRY INTO A MATERIAL DEFINITIVE AGREEMENT.
The Board of Directors for AmericaTowne, Inc. (the "Company") authorized its Chairman of the Board and Chief Executive Officer, Alton Perkins, to negotiate and execute the following agreements on behalf of the Company:
(a) Exporter Services Agreement dated June 29, 2015 between the Company and Chariot Group, LLC, a North Carolina limited liability company ("Chariot Group"), doing business at 3723 Phillips Way East in Durham, North Carolina 27713 (the "Chariot Group Agreement"). The consideration paid to the Company under the Chariot Group Agreement is a nonrefundable Service Fee of $55,000 paid as follows: (a) $3,000 upon execution, (b) $1,389 per month for thirty-six months, and (c) a final payment of $2,000 on the thirty-seventh month after execution commencing on August 15, 2015;
(b) Exporter Services Agreement dated June 29, 2015 between the Company and International Consulting Business Center ("International Consulting") doing business at 300 Pate Street in Apex, North Carolina 27502 (the "International Consulting Agreement"). The consideration paid to the Company under the International Consulting Agreement is a nonrefundable Service Fee of $35,000 paid as follows: (a) $3,000 upon execution, (b) $1,067 per month for thirty months after execution commencing on September 15, 2015;
(c) Exporter Services Agreement dated June 29, 2015 between the Company and USA Africa Lelo Business ("USA Africa Lelo"), doing business at 4224 Ivy Hill Road in Raleigh, North Carolina 27616 (the "USA Africa Lelo Agreement"). The consideration paid to the Company under the USA Africa Lelo Agreement is a nonrefundable Service Fee of $55,000 paid as follows: (a) $5,000 upon execution, (b) $1,389 per month for thirty-six months after execution commencing on August 15, 2015; and
(d) Exporter Services Agreement dated June 30, 2015 between the Company and KCC Construction, Inc., a North Carolina corporation ("KCC Construction"), doing business at 203 A Mingo Road in Benson, North Carolina 27504 (the "KCC Construction Agreement"). The consideration paid to the Company under the KCC Construction Agreement the Company has agreed to accept a nonrefundable Service Fee of $55,000 paid as follows: (a) $3,000 upon execution, (b) $1,445 per month for thirty-six months after execution commencing on August 30, 2015.
(e) Exporter Services Agreement dated June 30, 2015 between the Company and Canaan Care Home, LLC, a North Carolina limited liability company ("Canaan Care"), doing business at 31 Waldo Street Cary, North Carolina 27511 (the "Canaan Care Agreement"). The consideration paid to the Company under the KCC Construction Agreement the Company has agreed to accept a nonrefundable Service Fee of $35,000 paid as follows: (a) $5,000 upon execution, (b) $1,000 per month for thirty months after execution commencing on August 30, 2015.