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Exhibit 10.13  

 
 

LEAD MARKETING AGREEMENT    
    

        THIS LEAD MARKETING AGREEMENT ("Agreement") is made and entered into this 1st day of August, 2005,
("Effective Date"), between EduTrades, Inc., a corporation duly organized and incorporated in the State of Nevada ("EduTrades") and Whitney Education Group, Inc., to include its parent,
subsidiaries, affiliates, successors and assigns ("Whitney"), a corporation duly organized and incorporated in the State of Florida. 

WITNESSETH:  

        WHEREAS, EduTrades is in the business of developing, producing and marketing post secondary educational curriculum on securities and financial investment and
asset protection; 

        WHEREAS,
Whitney has entered into an Administrative Services Agreement with EduTrades to manage and maintain EduTrades' customer leads database ("Database"); 

        WHEREAS,
EduTrades is interested in soliciting Whitney's services with respect to marketing efforts to be conducted and targeted at the Database, and EduTrades desires to enter into a
binding agreement with Whitney, in accordance with the terms and conditions set forth below. 

        NOW,
THEREFORE, in good and valuable consideration of the mutual covenants and promises herein contained, the parties, each intending to be legally bound, hereby agree as follows: 

TERMS AND CONDITIONS  

ARTICLE 1: SERVICES TO BE PERFORMED BY WHITNEY  

        1.01    In
conjunction with the management and maintenance of the Database addressed in the Administrative Services Agreement entered into by and between EduTrades and Whitney
concurrently with this Agreement ("Administrative Services Agreement"), Whitney shall serve EduTrades by conducting database marketing, through various efforts, to be determined by Whitney, including
but not limited to telemarketing calls, email campaigns, and direct marketing, for the purpose of selling products and services provided, offered or sold by or through EduTrades and Whitney. 

        1.02    Whitney
shall process all orders for products and services related to real estate and fulfilled by or through Whitney ("Whitney Products") through Whitney's merchant
accounts. Whitney shall process all orders for products and services related to stock market and securities and fulfilled by or through EduTrades ("EduTrades Products") through merchant account
specifically designated for EduTrades transactions. Whitney shall not process any other sales through the EduTrades designated merchant account(s) other than those which are fulfilled by or through
EduTrades. 

        1.03    Whitney
will conduct regularly scheduled monitoring sessions of its representatives' telemarketing calls to ensure that all calls that are placed are within the
guidelines of United States Federal and State laws, and will provide quality control feedback as a result of these monitoring sessions. Whitney shall assume complete and total liability for all of its
telemarketing calls, promotions, and projects. 

        1.04    Whitney
agrees to prepare and maintain full, accurate and complete records of each Database marketing project. Whitney agrees to provide EduTrades with reporting of
results in a format and frequency which has been mutually agreed upon by Whitney and EduTrades. 

        1.05    Whitney
shall provide the services under this Agreement in a professional, courteous manner, consistent with industry standards. Whitney shall comply with all
applicable association, local, 

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state,
and federal laws, ordinances, rules, regulations and codes, including but not limited to, the Telephone Consumer Protection Act of 1991, The Telemarketing Sales Rule, and the Ethical Guidelines
for Telemarketers as published by the Direct Marketing Association. Whitney shall keep all Confidential Information and information generated as a result of this Agreement confidential and shall make
all reasonable efforts to keep such information away from competing companies. Whitney shall provide to EduTrades, in a mutually agreed upon frequency and format listed in Exhibit "A," the name of any
party who notifies Whitney that such party does not wish to be solicited by EduTrades. 

        1.06    Whitney
shall notify EduTrades promptly of any existing or possible litigation, which may be brought against Whitney regarding the services provided to EduTrades or to
any other customer or client of Whitney. 

        1.07    Whitney
shall use the customer database owned by EduTrades and maintained by Whitney, which Whitney agrees to keep confidential as set forth in ARTICLE 6: CONFIDENTIAL
INFORMATION. 

        1.08    Whitney
shall be solely responsible for and shall hold EduTrades harmless for any and all costs of its doing business including without limitation, all employees
Whitney chooses to hire, all taxes, income tax, FICA, workman's compensation, rent, utilities, withholding, postage, telephone, photocopying, salaries, travel, and all other direct and indirect
overhead costs. Whitney agrees to follow all wage and salary requirements as set forth by local, state and federal law. 

        1.09    In
the event that Whitney should subcontract to a third party any of the services contemplated by this Agreement, Whitney shall require such third party to comply with
all of the standards set forth in this Agreement. 

ARTICLE 2: SERVICES TO BE PERFORMED BY EDUTRADES  

        2.01    EduTrades
shall, as set forth in the Administrative Services Agreement, permit Whitney to manage and maintain the Database. EduTrades shall further permit Whitney to
market to such leads contained in the Database in any manner or method, at the sole discretion of Whitney, as set forth in the instant Agreement. EduTrades shall retain all ownership rights to the
Database, whether or not such leads contained therein are generated by Whitney under this Agreement. All customer leads generated from
the sale or offer for sale of EduTrades Products shall be considered as part of the Database and are EduTrades' Confidential Information. Whitney shall not use the Database for any other purpose other
than as set forth in this Agreement. 

        2.02    EduTrades
shall provide Whitney with such promotional, sales and technical information, literature and brochures, catalog sheets, price lists, order forms, sales aids,
and other information (collectively, "Creative Elements"), which shall be used by Whitney to assist in marketing the EduTrades Products. All other Creative Elements intended to be used by Whitney must
be approved by EduTrades in writing. Whitney's use of unauthorized material constitutes breach of this Agreement and immediate grounds for termination at the discretion of EduTrades. 

        2.03    EduTrades
shall inform Whitney of any new, related, modified or changed information concerning the EduTrades Products. 

        2.04    EduTrades
shall retain control and complete ownership of the Database. Whitney shall not market to the Database in any manner other than those set forth in this
Agreement, unless EduTrades consents in writing. 

        2.05    EduTrades
shall retain control and complete ownership of all Creative Elements and/or other materials created in connection with this Agreement by or for the purpose of
marketing EduTrades' products and services, whether created by EduTrades or by Whitney pursant to this Agreement. Furthermore, EduTrades shall retain control and complete ownership of all training 

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materials,
presentations, products, services, other materials and all copyright interests thereto, including but not limited to all derivative works created from such materials, which exist at the
time of the execution of this Agreement or which may be created by EduTrades or by Whitney for EduTrades pursuant to the Administrative Services Agreement. 

ARTICLE 3: COMPENSATION  

        3.01    As
compensation for the marketing services performed by Whitney under this Agreement, Whitney shall be compensated as set forth in the Administrative Services
Agreement. 

        3.02    All
refund requests received with respect to the sale of EduTrades Products, as transacted by Whitney under this Agreement, shall be processed by EduTrades. All refund
requests received with respect to the sale of Whitney Products, as transacted by Whitney under this Agreement, shall be processed by Whitney. 

ARTICLE 4: TERM AND TERMINATION  

        4.01    Term.    The date of commencement of this Agreement shall be on the Effective Date first set forth above and
shall continue for one (1) year, to be automatically renewed for one (1) year terms, subject to review and renegotiation of this Agreement by the parties. 

        4.02    Right to Terminate on Notice.    EduTrades and Whitney each shall have the right, exercisable in its absolute
discretion, to terminate this Agreement upon ninety (90) days prior written notice received by United States registered mail, certified mail, UPS Next Day Letter or Federal Express Next Day
Letter by the other party. 

        4.04    Termination of Rights.    On the termination of this Agreement, all obligations of the parties hereunder shall
terminate, except for rights to payments accrued prior to such termination and the provisions applicable after termination. 

        4.05    Post-termination Actions.    Upon expiration or termination of this Agreement, Whitney shall cease
selling all EduTrades Products, immediately cease and desist from using or displaying any forms of advertising indicative of EduTrades and/or EduTrades Products, and cease utilizing the Database
and/or proprietary information. Contractor shall also comply with all provisions set forth in Article 6.03. 

ARTICLE 5: INDEMNIFICATION  

        5.01    Each
party shall release, defend, indemnify, and hold the other party and its parent, affiliates, subsidiaries, officers, directors, agents, owners, employees,
trustees, successors and assigns harmless with respect to any claims, actions, causes of action, damages, fines, expenses, court costs, attorney fees, liability damage or judgment suffered by either
party or his agents, resulting from or attributable to any breach of the other party's or his agent's responsibilities, representations and warranties herein, and/or
arising from the purchase or use of the party's products or services sold by the other party, and/or all negligent acts or omissions of a party or his agents contained herein. 

        5.02    These
indemnification obligations shall survive termination of this Agreement. 

ARTICLE 6: CONFIDENTIAL INFORMATION  

        6.01    Whitney
recognizes that it may be necessary for Whitney to receive Confidential or Proprietary Information with regard to this Agreement. This Confidential and
Proprietary Information has been compiled by EduTrades at great expense and over a great amount of time. The Confidential and Proprietary Information is the sole and exclusive property of EduTrades.
In performing the services under this Agreement, Whitney may be provided or may otherwise come into the possession of proprietary information, customer databases, customer leads, customer information,
product and service 

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information,
and other confidential information regarding the business and services of EduTrades (hereinafter, the "Confidential Information") all of which are valuable to EduTrades or are required by
law or good business practices to be held confidential. Whitney agrees to receive, hold and treat all Confidential Information received from EduTrades as confidential and secret and agrees to use its
best efforts to protect the confidentiality and secrecy of such Confidential Information. Whitney agrees to only divulge Confidential Information to its employees who are required to have such
knowledge in connection with the performance of their obligations under this Agreement, and Whitney shall not disclose, directly or indirectly, any Confidential Information whatsoever, including
without limitation, for its own benefit or any third party's benefit. Confidential Information does not include information which (i) was or becomes generally available to the public,
(ii) was or becomes available on a non-confidential basis, provided that the source of such information was not bound by a confidentiality agreement in respect thereof,
(iii) was within Whitney's possession prior to being furnished by or on behalf of EduTrades, provided that the source of such information was not bound by a confidentiality agreement in respect
thereof, or (iv) the information is a duplication of materials that Whitney already possesses. 

        6.02    The
provisions of Section 6.01 shall also apply to EduTrades in regards to any confidential information regarding the business and services of Whitney in all
aspects as set forth in Section 6.01. 

        6.03    Upon
termination of this Agreement, each party shall destroy all copies of Confidential Information, return all original documents and publicity materials, discontinue
all use of computer links, erase all of the other party's Intellectual Property contained in the party's computer memory or
data storage, and destroy all Confidential Information stored on computer, disk, CD-Rom or computer backup within five (5) days after this Agreement terminates. Each party shall
provide a certified document within five (5) days stating that: "All Confidential Information of the disclosing party in the receiving party's possession has either been destroyed, erased, or
returned." 

        6.04    The
terms and conditions of this Agreement shall be considered Confidential Information and shall not be revealed to another party until five (5) years on or
after the date of termination. Additionally, each party agrees that it will not disclose any Confidential Information to any third party and will not use Confidential Information of the other party
for any purpose other than for the performance of the rights and obligations hereunder during the terms of this Agreement and for a period of five (5) years thereafter, without prior written
consent of the disclosing party. Each party further agrees that Confidential Information shall remain the sole property of the other party and that it will take all reasonable precautions to prevent
any unauthorized disclosure of Confidential Information by its employees. 

ARTICLE 7: INDEPENDENT CONTRACTOR RELATIONSHIP  

        The parties acknowledge and agree that in performance of the services under this Agreement, Whitney is acting as an independent contractor, and all Whitney's
employees, personnel and agents are not entitled to any EduTrades benefits, including but not limited to workers compensation. Nothing in this Agreement shall be construed or deemed to create any
joint venture, partnership, agency, employer-employee or other relationship between the parties. All personnel supplied by Whitney under this Agreement are not EduTrades' personnel or agents, and
Whitney assumes full responsibility for their acts. Whitney is not an agent of EduTrades and shall not enter into any agreements on behalf of EduTrades or bind EduTrades in any way. The rights and
obligations of the parties shall be limited to those expressly set forth herein. 

ARTICLE 8: PROPRIETARY INFORMATION  

        EduTrades shall have sole and exclusive ownership of all right, title and interest in and to EduTrades' Proprietary Information and Materials, including ownership
of all copyrights, trademarks, 

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service
marks, patents, and trade secrets pertaining thereto (collectively, the "Proprietary Information"). Whitney may use EduTrades' Confidential and Proprietary Information and Materials subject
only to the rights and privileges expressly granted by EduTrades. 

        EduTrades
claims and reserves all rights and benefits afforded under federal and international copyright law in all software programs and documentation included in the Materials and
copyrighted works. The binary or object doc version of such software programs may under no circumstances be reverse-engineered or reverse-compiled without Company's further written consent. 

        The
Confidential and Proprietary Information is considered to include valuable trade secrets of EduTrades. Whitney acknowledges that, in the event of any breach of this Agreement,
EduTrades will not have an adequate remedy in money or damages. EduTrades therefore shall be entitled in such event to obtain an injunction against such breach from any court of competent jurisdiction
immediately upon request. EduTrades' right to obtain such relief shall not limit its rights to obtain other remedies. 

ARTICLE 9: NON-COMPETE  

        9.01    The
parties hereby acknowledge that either party would be subject to significant harm in the event that the parties were permitted to compete directly with one another.
As such, EduTrades shall be restrained from conducting any educational trainings and/or seminars, as well as from offering any products, materials or other services, or from entering into any
alliances or third party agreements, other than with Whitney, which pertain to real estate investing. Whitney shall be restrained from conducting any educational trainings and/or seminars, as well as
from offering any products, materials or other services, or from entering into any alliances or third party agreements, other than with EduTrades, which pertain to stock or options market investing. 

        9.02    The
provisions of Section 9.01 shall survive the termination of this Agreement and shall remain in effect for three (3) years following the date of
termination of this Agreement, unless otherwise agreed in writing by both parties. 

ARTICLE 10: GENERAL PROVISIONS  

        10.01    Entire Agreement.    This Agreement supersedes any and all other agreements, either oral or in writing
between the parties hereto with respect to the terms and conditions of this Agreement, and contains all of the covenants and agreements between the parties with respect to same. Each party to this
Agreement acknowledges that no representation, inducements, promises, or agreements, orally or otherwise, have been made by any party, or anyone acting on behalf of any party, which are not embodied
herein, and that no other agreement, statement, or promise not contained in this Agreement shall be valid or binding on either party, except that any other written agreement dated concurrent with or
after this Agreement shall be valid as between the signing parties thereto. The parties further
acknowledge that any disputes arising which pertain to the subject matter covered in this Agreement shall be governed by the terms and conditions set forth herein. 

        10.02    No Waiver.    The failure of either party to insist on strict compliance with any of the terms, covenants or
conditions of this Agreement by the other party shall not be deemed a waiver of that term, covenant or condition, nor shall any waiver or relinquishment of any right or power at any one time or times
be deemed a waiver or relinquishment of that right or power for all or any other times under this Agreement. 

        10.03    Severability.    If any provision in this Agreement is held by a court of competent jurisdiction to be
invalid, void or unenforceable, the remaining provisions shall nevertheless continue in full force without being impaired or invalidated in any way. 

        10.04    Notice.    Each notice, request or demand given or required to be given pursuant to this Agreement shall be
in writing and shall be deemed sufficiently given if deposited in the United States 

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mail,
First Class, postage pre-paid, and addressed to the address of the intended recipient set forth below, or to such other address as may be specified in this Agreement or in writing by
the parties: 

	 	 	If to Whitney:	 	Name:	 	Ronald S. Simon	 	 
	 	 	 	 	Address:	 	1612 E. Cape Coral Pkwy, Suite B

Cape Coral, FL 33904	 	 
	 	 	 	 	Telephone:	 	(239) 542-0643	 	 
	 	 	 	 	Facsimile:	 	(239) 540-6565	 	 
	

 	
 	

 	
 	

Copy to:	
 	

Marie B. Code, Esq.

1612 E. Cape Coral Pkwy, Suite A

Cape Coral, FL 33904	
 	

 
	

 	
 	

If to EduTrades:	
 	

Name:	
 	

 
	
 	

 
	 	 	 	 	Address:	 	 
	 	 
	 	 	 	 	City, State, Zip:	 	 
	 	 
	 	 	 	 	Telephone:	 	 
	 	 
	 	 	 	 	Facsimile:	 	 
	 	 

        10.05    Governing Law and Attorney Fees.    This Agreement shall be deemed to have been made in the State of Florida.
This Agreement and all matters arising out of or otherwise relating to this Agreement shall be governed by the laws of the State of Florida. The parties hereby submit to the personal jurisdiction of
the state and federal courts of the State of Florida. Exclusive venue for any litigation and all claims arising from or in connection with the subject matter of this Agreement shall be with the state
and federal courts in and for Lee, Palm Beach or Broward Counties, Florida, which shall be decided by Whitney, and the parties hereby expressly waive any venue privileges which may be asserted in
connection with this Agreement. In any arbitration and/or litigation arising out of this Agreement, the prevailing party shall be entitled to recover reasonable attorneys' fees and costs, including
attorneys' fees incurred on appeal. 

        10.06    Authority to Enter Agreement.    The parties warrant that they have the authority to enter into this
Agreement and that entering into this Agreement is not restricted or prohibited by any existing agreement to which they are parties. Additionally, the parties represent and warrant that this Agreement
has been authorized and approved by all necessary corporate actions. Both parties warrant and represent that all individuals executing this Agreement have the authority to do so. Any
misrepresentations will bind the fraudulent party/signatory individually. 

        10.07    Right to Audit.    EduTrades shall have the right to audit Whitney's business records concerning services to
be rendered under this Agreement, and any other matters related to EduTrades' students, upon five (5) days prior written notice to Whitney. EduTrades shall have the right to receive photocopies
of Whitney's business records concerning services rendered under this Agreement, and any other matters related to EduTrades' students, upon five (5) days prior written notice provided to
Whitney. Failure to abide by the terms of this provision may result in the termination of this Agreement. 

        10.08    Assignment.    The rights and liabilities of this Agreement shall be binding on and inure to the benefit of
the respective parties and their respective heirs, legal representatives, successors and assigns. 

        10.09    Headings.    All section and subsection headings contained in this Agreement are for convenience only and
shall not be deemed to constitute a part of this Agreement nor affect the meaning of same. 

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        10.10    No Drafter.    Both parties warrant and represent that each have had equal input in drafting this Agreement
and have had the opportunity to consult with independent legal counsel. 

        10.11    Assignment.    The parties shall not sell, transfer, assign, sublicense, or subcontract any right or
obligation hereunder without the prior written consent of the other party. 

        10.12    Force Majeure.    Either party shall not be responsible for any failure to perform due to unforeseen
circumstances or to causes beyond its reasonable control, including but not limited to, acts of God, war, riot, embargoes, civil or military acts, terrorism, fire, flood, earthquakes, hurricanes,
tropical storms, tornadoes, other natural disasters, strikes, transportation shortages, fuel shortages, energy shortages, labor shortages, material shortages, telecommunications failures, hacking,
SPAM, computer failure, server failure, or software failure for so long as such event continues to delay the party's performance. If any force majeure
event occurs, the party shall give prompt written notice to the other party and will use commercially reasonable efforts to minimize the impact of the event. 

        10.13    Survival.    The parties' rights and obligations under Articles 5, 6, 7, and 8 shall survive any expiration
or earlier termination of this Agreement. 

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        IN
WITNESS THEREOF, the parties hereto, intending to be legally bound hereby, have caused this Agreement to be executed by their respective duly authorized representatives as of the day
indicated. 

	WHITNEY	 	EDUTRADES
	

Whitney Education Group, Inc.	
 	

EduTrades, Inc.
	

 
 Ronald S. Simon, Secretary	
 	

 
 Nicolas Maturo, CEO
	

 
 Date	
 	

 
 Date
	

 
 Reviewed by Legal	
 	

 

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QuickLinks

LEAD MARKETING AGREEMENTFiled by Automated Filing Services Inc. (604) 609-0244 - FC Financial Services Inc. - Exhibit 10.1

TERM SHEET

May 8, 2006

This will confirm the terms upon which FC Financial Services
Inc. (“FC”) is prepared to acquire 100% of the issued and outstanding shares of
ICP Solar Technologies Inc. (“ICP”) via an exchangeable share structure:

  	Acquisition Terms: 	
        In exchange for 100% of the issued and outstanding shares
      of ICP, FC will: (i) issue 20,000,000 shares of common stock, par value
      $0.00001 per share (the “FC Shares”), to a trustee nominated by the
      stockholders of ICP, (ii) incorporate a 100% wholly owned Canadian
      subsidiary (“Exchangeco”) that will acquire 100% of the issued and
      outstanding shares of ICP in exchange for an equal number of exchangeable
      shares in Exchangeco, each exchangeable into one FC share of FC held in
      trust (the “Acquisition”). The FC Shares will be issued in reliance of
      registration and prospectus exemptions under applicable Canadian and U.S.
      securities laws. FC will issue a non offering Canadian prospectus. FC will
      cooperate to implement an exchangeable share structure or other tax
      friendly structures advised by tax counsel of the Vendors, provided that
      this does not require FC to issue any more than 20,000,000 FC shares
    

	Cancellation of 

        Control Position: 	
        Concurrent with the Closing of the Acquisition, the
      holders of 24,222,750 restricted shares of FC will agree to surrender
      those shares for cancellation. 

	Management of the 

        Combined
      Company: 	
        Following the Acquisition, Taras Chebountchak will remain
      as a director of FC for one year. All other members of the Board of
      Directors will be persons nominated by the Sass Peress. The parties will
      enter into a voting agreement to ensure board composition. FC will engage
      a chief financial officer having experience with public companies.
  

	Bridge Loan: 	
        FC will provide a bridge loan of $1,000,000 US to ICP
      within five business days of the execution of this term sheet. The ICP
      shareholders shall pledge all of their ICP shares as security for the
      bridge loan. Upon closing of the Acquisition, the bridge loan shall
      convert into equity at US$1 per share. In the event that ICP and FC do not
      close within 90 days of the execution of this term sheet, then the loan
      would be repayable by ICP to FC within 90 days. 

	Financing: 	
        Closing of the Acquisition will be subject to FC
      completing a financing of 5,000,000 units at $1.00 US per unit, with each
      unit consisting of one share of common stock and one share purchase
      warrant exercisable to purchase an additional share of common stock at a
      price of $1.00 US per share for a period of 18 months from closing of the
      financing. The investors purchasing the financing will be granted
      registration rights with respect to the shares comprising the units and
      the shares to be issued on exercise of the warrants. FC will file a
      registration statement on Form SB-2 under the Securities Act of 1933
      forthwith on Closing of the financing to be effective within 6 months of
      closing. FC to have the option to structure as convertible note offering.
      

	Use of Proceeds

        from Financing: 	
        ICP will provide the proposed use of proceeds for the
      funds to be received by it prior to execution of a formal agreement.
    

	Finders Fees: 	
        No finders fees will be payable to anyone in respect of
      the transactions described herein. 

	Formal Agreement: 	
        The formal agreements which include a share exchange
      agreement, a support agreement and an exchange and voting trust agreement
      will be prepared by counsel for FC and reviewed by counsel for ICP with
      all sections and documents referring to the exchangeable share structure
      being prepared by counsel for ICP and reviewed by counsel.for FC. The
      formal agreements will contain, amongst other terms and conditions,
      customary terms and conditions including conditions of closing related to
      completion of due diligence and delivery of financial statements.
  

	Share Structure: 	
        After completion of above, the share structure will be as
      follows: 

  	 	a)	Current
        outstanding shares of FC 30,722,750 [consisting of 25,000,000 restricted
        (control block) and 5,722,750 free trading (public float)]. 	30,722,750	 
	  	b) 	Minus control block to be cancelled. 	(24,222,750) 	  
	 
      	c) 	Plus shares to be issued for ICP. 	20,000,000 	 
      
	  	d) 	Plus shares to be issued in financing. 	5,000,000 	  
	 
      	  	       Total Outstanding
        at Closing. 	31,500,000 	 
      
	  	  	       Exercise of warrants. 	5,000,000 	  
	 
      	  	       Total (fully
        diluted): 	36,500,000 	 
      
	 
      	  	  	  	  
	Financing
        to ICP: 	a) 	Bridge Loan within 5 days of signing agreement.
      	$1,000,000 	 
      
	  	b) 	On Closing 	4,000,000 	  
	 
      	c) 	On exercise of warrants (18 months) 	5,000,000
      	 
      
	  	  	       Total Financing: 	$10,000,000 	  
	 
      	 
      	  	 
      	 
      
	Breakdown of 	  	  	Common 	Percentage 
	Shareholdings
        on 	ICP Group: 	20,000,000 	63.49%
      
	Closing: 	Public Float: 	5,722,750 	18.17% 
	 
      	Taras Chebountchak 	777,250 	2.47%
      
	  	Financing: 	5,000,000 	15.87% 
	 
      	 
      	 
             Total Shares Outstanding: 	31,500,000
      	100.00%
      

If the foregoing is in accordance with your understanding,
please sign where indicated below and this Term Sheet will serve as a letter of
intent.

FC FINANCIAL SERVICES INC.

	Per: 	/s/
      Taras Chebountchak 	 
	 	Taras Chebountchak 	 
	 	President and CEO 	 

AGREED AND ACCEPTED by the undersigned shareholders of
ICP representing 100% of the issued and outstanding shares of ICP:

	/s/ Sass Peress 	 	/s/ Sass Peress  
	NAME: Sass Peress
    	 	NAME:
      Peress Family Trust 
	Number of Shares: 3,059,441 	 	Number of Shares: 4,000 
	  	 	  
	  	 	  
	  	 	  
	/s/ Arlene Ades 	 	/s/ Joel Cohen
      
	NAME: Arlene Ades 	 	NAME: Joel Cohen 
	Number of Shares: 531 	 	Number of Shares: 319 
	4450\05-ICP Solar Acquisition\Term Sheet_2006-05-01.v4.doc

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