Document:

Exhibit
10.1

December 12,
2006

Global Project Finance AG

Tuerlacherweg #40

6060 Sarner

Switzerland

RE:          Bridge Financing by Global Project
Finance AG

Attention
Christian Russenberger,

This
letter will confirm recent discussions relative to bridge financing by Global Project Finance AG in the total amount of $250,000.  The bridge financing, among other things,
would be on the terms set forth below:

1.     Financing. Global
Project Finance AG (“Lender”)
will provide bridge financing in the form of a loan in the total amount of $250,000
to VitaCube Systems Holdings, Inc., d/b/a XELR8 Holdings, Inc. (“VitaCube”),
a Nevada corporation. $250,000 will be loaned to VitaCube on or before January 10,
2007 (the “Loan”).

2.     Terms. The
Loan will accrue interest at ten percent (10%) per annum from the date of
funding with all principal and accrued but unpaid interest due upon the earlier
of (i) the closing of the VitaCube current private placement offering of a
minimum of $1,000,000 and a maximum of $3,000,000 (the “Private Placement”)
or (ii) six (6) months from the date of the Funding. If the Private Placement
does not close prior to six (6) months form the date of the Funding, all
principal and accrued but unpaid interest shall be paid in restricted shares of
VitaCube common stock at a price equal to fifty percent (50%) of the thirty
(30) day trailing closing price of VitaCube common stock.

3.     Stock
Issuance.  As a loan fee and
in addition to any shares of common stock that may be issued in accordance with
Section 2 above, VitaCube agrees, upon the Final Funding, to issue 400,000
restricted shares of its common stock (the “Loan Shares”) to Lender with
an appropriate legend placed on the certificate representing such shares. All
Loan Shares shall have “piggy-back” registration rights with any shares of the
Private Placement that are registered and all costs associated with the
registration of the Loan Shares shall be paid by VitaCube.

4.     Loan
Documents.  The Loan shall be
evidenced by a promissory note and Lender shall execute a normal and customary
Subscription Agreement and Letter of Investment Intent regarding the Loan
Shares.

5.               Representations of VitaCube. VitaCube represents and warrants to Lender
that:

(a)          VitaCube is in good standing as corporation in the
State of Nevada and is not aware of any violation of any Federal or State
securities laws.

(b)         VitaCube is current as to all tax, securities, or
other regulatory filings, and VitaCube will make all necessary filings with the
SEC subsequent to the closing of the Loan.

 

 

(c)          At the closing of the Loan, there will have been no
changes in the capital structure of VitaCube other than those necessary to
conform to the terms of this Letter of Intent.

(d)         VitaCube will take all necessary steps to have its
board of directors approve the terms of this Letter of Intent.

6.     Acknowledgment
of Due Diligence. Lender acknowledges that it has had full access to
VitaCube’s books and records and financial and operating data and such other
information with respect to VitaCube’s business and assets as it has determined
necessary for purposes of conducting an appropriate due diligence
investigation.  Lender and its
representatives shall keep confidential all information (unless ascertainable
from public findings or published information) obtained concerning the VitaCube’s
operations, assets and business, use it only for the purposes stated herein,
and promptly return or destroy it if the proposed transaction is not
consummated.

7.     Press
Release. Both parties will cooperate in preparing a press release
describing the Loan.  The press release
will be submitted for release once the Initial Funding is made, unless legal
counsel advises that for compliance purposes it must be released sooner or
later.  Except for this release, neither
party hereto shall release any information to the public or the media without
the consent of the other party until the Closing.

Upon the execution
by you and return to us of this Letter of Intent, the terms of this Letter of
Intent, subject to approval by the VitaCube board of directors, shall be
binding on all parties. The Note shall contain provisions in accordance with
this Letter of Intent together with such other terms and conditions as legal
counsel and the parties may mutually determine and agree.

If the terms of this
Letter of Intent are acceptable, please execute this Letter of Intent below and
return a signed copy to me. Thank you.

	
  

  	
  Vita Cube Systems Holdings, Inc.

  
	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ John D. Pougnet

  
	
   

  	
   

  	
  John Pougnet, CEO

  

 

The foregoing
terms and conditions of this Letter of Intent are agreed to this 12th
day of  December, 2006.

	
  

  	
  Global
  Project Finance AG

  
	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ Christian Russenberger

  
	
   

  	
   

  	
  Christian RussenbergerExhibit 10.2

REFERRAL / FINDER AGREEMENT

This
Referral Agreement (“Agreement”) is made and entered into effective as
of December 18, 2006 by and between the Carl
Caserta d/b/a the Lighthouse Capital
(the “Referral  Representative”), and VitaCube Systems Holdings, Inc., a Nevada corporation (the “Client”),
hereinafter collectively referred to as the “Parties.”

EXPLANATORY
STATEMENT

A.    Referral Representative
has contacts with various potential equity and/or debt funding sources.

B.    Client is seeking equity, debt or a
combination of equity and debt financing in the approximate amount of up to
$500,000.

C.    Referral
Representative has agreed to introduce potential financing contacts to the
Client upon the terms set forth below.

NOW THEREFORE, in consideration of the
foregoing Explanatory Statement that is made a substantive part of this
Agreement and the mutual promises, covenants, representations and agreements
set forth below, the receipt and sufficiency of which is hereby acknowledged,
the parties agree as follows:

1. 
Referral. Any and all contacts of the Referral Representative or third parties concerning
contacts of Referral Representative that are introduced to Client for potential
financing of the Client (the “Referral”) shall constitute a Referral by
the Referral Representative to the Client. 
Client acknowledges and agrees that all contacts of Referral
Representative are proprietary information and shall remain proprietary to
Referral Representative and in no way shall be disclosed to others or circumvented
without prior written permission of Referral Representative.

2.     Services.  Client
employs Referral Representative as an independent contractor to refer
prospective lenders and investors to the Client on a non-exclusive basis. The
Referral Representative will strictly act as a finder as defined by the United
States Securities and Exchange Commission (SEC) in this transaction.

3.     Term. The term of this Agreement shall be for a period
of sixty (60) days from the date hereof.

4. 
   Compensation.
The Client agrees to compensate the Referral Representative as follows:

a.     Fee.  The Client will pay a fee in the amount of 200,000
restricted shares of Client’s common stock to the Referral Representative upon
funding received from any one or more Referrals in the total aggregate amount
of $500,000.

b.     Compensation
in general. The Referral Representative’s compensation will include any fees or commissions that
arise from or as a result of the funding or completion of any transaction
involving any Referral during the Term of this Agreement and for a period of
six (6) months thereafter.  The
compensation fees do not include any fees paid to the funding source and are
mutually exclusive of any fees paid to the funding source.  All fees paid to the funding source will be
non-exclusive of this agreement and will be specified in a separate agreement
between the Client and the funding source. It is also agreed that any contacts
that arise from any Referrals of Referral Representative are mutually 

 

 

inclusive to this
agreement and compensation will be paid to Referral Representative as
outlined.  Referral Representative agrees
to execute a Subscription Agreement and Letter of Investment Intent, in form
and substance normal and customary for like transactions, prior to the issuance
of any shares of common stock by the Client to the Referral Representative
pursuant to this Agreement.

5.     No
Assignment. Neither this Agreement nor any duties or
obligations under this Agreement may be assigned.

6.     Entire
Agreement. This Agreement supersedes any and all agreements,
either oral or written, between the Parties with respect to the Referral
submitted to the Client. Both Parties agree that no representations,
inducements, promises or agreements, oral or otherwise, have been made or relied
upon by any party or anyone acting on behalf of any party, which are not
embodied herein. Any modification of this Agreement will be effective only if
it is in writing and signed by both Parties.

7.     Facsimiles.
A facsimile of this document shall be deemed and considered as an original,
binding and enforceable document.

8.     Enforcement.
This Agreement shall be subject to and governed by the laws of the State of
Colorado and any disputes regarding this Agreement shall be resolved in the
courts located in the State of Colorado.

9.     Severability.  The invalidity or unenforceability of any
provision of this Agreement shall not affect the other provisions hereof and
this Agreement shall be construed as if such invalid or unenforceable provision
were omitted.

10.  Counterparts.
This Agreement may be executed in counterparts, each of which
shall be deemed an original, but all of which taken together shall constitute
on and the same instrument.

	
  

  	
  REFERRAL REPRESENTATIVE:

  
	
   

  	
   

  	
   

  
	
   

  	
  Carl Caserta d/b/a the Lighthouse Capital

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
  /s/ Carl Caserta

  
	
   

  	
   

  	
  Carl Caserta

  
	
   

  	
   

  	
  d/b/a the Lighthouse Capital

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
  CLIENT:

  
	
   

  	
   

  	
  Vitacube Systems Holdings, Inc.

  
	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ John D. Pougnet

  
	
   

  	
   

  	
  John Pougnet,

  
	
   

  	
   

  	
  Chief Executive Officer

  

 

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