Document:

ogng_ex1001.htm

EXHIBIT 10.01

 

THIS EXCLUSIVE LICENSE AGREEMENT

 

	Made as of the 23rd day of November,2012. 	 

 

BETWEEN:

Water For The World Manufacturing Inc. a Company incorporated in the State of Washington, USA, having a principal business address at 6652 Elijah Road, Wellpinit, Washington, 99040.

(The "Company" or "Licensor")

OF THE FIRST PART

AND

Bravo Enterprises Ltd., a Company incorporated in the State of Nevada, USA, having a principal business address at 35 South Ocean Avenue, Patchogue, New York, 11772

("Bravo" or "Licensee")

OF THE SECOND PART

WHEREAS:

A. The Company is the legal and beneficial owner of all right, title, intellectual property, Patent, interest in with respect to the Product as herein and after defined;

B. The Company is the legal and beneficial owner of a Water Harvesting Equipment and has developed packaging, accessories and promotional materials for the purposes of its sale (the "Product");

C. The Product is described as Air-to-Water Harvesters. The harvesters feature innovative technology that operates by:

* Pulling air through a filter and coil.

* This cools the incoming air, thus producing condensation.

* It then captures the water.

* The water is pumped through a series of filtration systems and germicidal ultraviolet reactors for purification.

The Company is a leader in the design, manufacture and distribution of water from air systems known as Air-to-Water Harvesters that extracts moisture from the air through a dehumidification process then filters and purifies the water for consumption. The company has developed a unique air drive system that will enable the machine not only to be powered through a conventional power source but also in emergency situations the machine can be powered directly from an engine using its patented drive system. The atmospheric water harvester can produce up to 3000 gallons of drinking water under optimum conditions.

 

  

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D. The Licensee has requested and the Company has agreed to grant to the Licensee, the exclusive manufacturing, distribution and marketing rights for the Water Harvesting Equipment on the terms and conditions hereof.

 

NOW THEREFORE THIS AGREEMENT WITNESSES that in consideration of the premises and mutual covenants and agreements hereinafter set forth, Bravo and the Company agree as follows:

1.00              APPOINTMENT

1.01              The Company hereby appoints the Licensee its exclusive world wide manufacturing and sales representative (the "Territory") for consideration of 120,000,000 restricted common shares of Bravo, in accordance with Schedule ”A” and upon the terms and conditions hereinafter set forth and the Licensee hereby accepts such appointment.

1.02 Exclusivity of Appointment:  Providing that the Licensee has not breached any of the provisions of this agreement and provided further that the Licensee diligently and faithfully carries out its duties and obligations imposed on it by this agreement, the Licensee shall, during the term of this agreement, and any extended period of agreement or upon renewal of this agreement,  be the exclusive sales representative of the Company within the Territory and the Company shall not appoint any other sales representatives nor otherwise distribute or sell the Product in the Territory except as is hereinafter provided.

1.03              Customer Inquiries.

1.03.01 The Company covenants and agrees that all inquiries with respect to, or orders for, the Product received by the Company from the Territory, shall be referred to the Licensee for the Licensee's attention in accordance with the terms of this agreement.

2.00              TERM

2.01 The term of this agreement shall be for a period of nine (9) years and

will commence immediately upon execution of this agreement

2.02              Renewal.  The Company and the Licensee agree to extend this agreement for a further nine(9)year period,if, within the term of this agreement, the Licensee is the effective cause of completing the terms contained within.

3.00              OBLIGATIONS OF THE LICENSEE

3.01              During the term of this agreement the Licensee shall

3.01.01         Use his best efforts to advertise and promote the sale of the Product of the Company and to make regular and sufficient contact with the present and prospective customers of the Company in the Territory;

3.01.02         The Licensee assumes all responsibilities and expenses of "After Sales Service" (to be defined by the respective parties), and must market the products in good faith to perform.

 

  

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3.01.03         The Licensee will retain its current Board of Directors and Executive Officers. No additional Board members will be appointed.

4.00              STATUS OF LICENSEE

4.01 The status of the Licensee shall be that of an independent contractor and the Licensee shall have no authority to assume or create any obligation whatsoever expressed or implied, in the name of the Company, or to bind the Company in any manner whatsoever.

4.02              The Licensee shall have no authority hereunder to enter into any contract of sale or employment on behalf of the Company, or to endorse the Company's checks, or to make allowances or adjustments on accounts for the return of merchandise, except pursuant to written authorization of the Company.

 

4.03              The Licensee undertakes and agrees that he will not furnish to any customer or prospective customer, any warranties, undertakings, or guarantees of any nature whatsoever which may intend to involve the responsibility or liability of the Company unless authorized by the Company in writing. In the event that the Licensee does allow or furnish to customers or prospective customers, warranties, undertakings or guarantees of any nature whatsoever, which might involve the responsibility or liability of the Company, and which is not authorized by the Company in writing, the Licensee agrees to indemnify and save the Company harmless from any claims, demands, damages, costs or losses whatsoever arising out of or in any way connected with such warranties, undertakings or guarantees.

5.00              EXPENSES

5.01              Except as hereinafter provided, all expenses in connection with the Licensee's Performance of this agreement and its activities as sales representative for the Company, including, but not limited to travel, automobile, salaries and supplies, shall be borne by the Licensee and he shall be solely responsible for the payment thereof.

6.00              ACCEPTANCE OF ORDERS

6.01             The Company reserves the sole and exclusive right to accept or reject any order. The Company agrees not to unreasonably or capriciously reject any orders obtained as a result of the efforts of the Licensee.

7.00              OBLIGATIONS OF THE COMPANY

7.01 During the term of this agreement the Company shall

7.01.01         Permit the Licensee to hold himself as the exclusive manufacturing and distribution representative, for the Product in the Territory, and any renewal term;

7.01.02         Permit the Licensee to use all intellectual property rights and know how and association with the Product in the course of their performance of this agreement;

7.01.03         Provide pricing information and other related materials as may be reasonably required to market the Product; and

 

  

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7.01.04         provide to the Licensee a commercially acceptable warranty for the Product.

8.00              PRICING AND TERMS

The price and terms of the products shall be determined at a later date acceptable to the Company and the Licensee.

The Company will facilitate order immediately upon receiving order from the Licensee and shall deliver goods within 60 Days.

9.00              SERVICE

9.01             The Company hereby agrees that it will provide training for the Licensee's service technicians. The Licensee will bear all costs for travel, lodging, and any other costs incurred by the Licensee's representatives during the training period.

9.02              The Licensee will provide the company with an outlined after sales service plan for approval prior to initiating such.

9.03              The Company will provide management expertise to help manage, administer and operate the business.

9.04              The Company will provide marketing literatures, pamphlets, and other promotional materials to the Licensee to help with distribution.

10.00            TERMINATION

10.01            The Company may, in its sole discretion, terminate this agreement without notice or delay on the happening of any of the following events:

10.01.01       The Licensee breaching any of the terms or conditions of this agreement;

10.01.02       The Licensee becoming insolvent or being unable to pay his debts as they generally become due;

10.01.03       The Licensee making an assignment for the benefit of his creditors or being petitioned into Bankruptcy; or

10.01.04       A Receiver or Trustee in Bankruptcy of the Licensee being appointed.

10.02            This agreement may be mutually terminated by both parties upon 60 days written notice.

10.03            This agreement may be terminated if the Company failed to deliver Products ordered by the Licensee within a reasonable time period.

 

  

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11.00            GENERAL PROVISIONS

11.01            Force Majeure.  In the Event of an inability or failure by the Company to manufacture, supply or ship any of the Product by reason of any fire, explosion, war, riot, strike, walk out, labor controversy, flood, shortage or water, power, labor, transportation facilities or necessary materials or supplies, default or failure of carrier, breakdown in or the loss of production or anticipated production from plant or equipment, act of God or public enemy, any law, act or order of any court, board, government or other authority of competent jurisdiction, or any other direct cause (whether or not of the same character as the foregoing) beyond the reasonable control of the Company, then the Company shall not be liable to the Licensee during the period and to the extent of such inability or failure.  Deliveries omitted in whole or in part while such inability remains in effect shall be cancelled.

11.02           Governing Law.  This agreement shall be made and construed in accordance with the laws of the State of Nevada. All disputes arising from or in connection with this contract shall if possible be settled amicably through friendly negotiation. In case no settlement can be reached thereby the dispute may, if either Party so requires, be resolved by arbitration, to be approved by mutual consent.

11.03            Entire Agreement.  This agreement together with all other documents incorporated by reference shall constitute the entire agreement between the Company and the Licensee with respect to all matters herein and it is agreed that its execution has not been induced by, nor does the Company or the Licensee rely upon or regard as material, any representations or writing whatsoever nor incorporated herein and made a part hereof and this agreement shall not be amended, altered or qualified except by memorandum in writing signed by the Company and the Licensee and any amendment, alteration or qualification hereof shall be null and void and shall not be binding upon any party who has not given its consent aforesaid.

11.04            Time of the Essence.  Time shall be of the essence of this agreement and every part hereof.

Notice.  Any notice, demand or other communication by the terms hereof required or permitted to be given by one party to another shall be given in writing by registered mail, postage prepaid, addressed to such other party or delivered to such other part as follows:

COMPANY:

Water For The World Manufacturing Inc.

6652 Elijah Road,

Wellpinit, Washington,99040.

LICENSEE:

Bravo Enterprises Ltd.

35 South Ocean Avenue

Patchogue, New York,11772

 

  

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11.05            This Agreement will enure to the benefit of and be binding upon the parties hereto and their respective heirs, executors, administrators, successors and permitted assigns.

11.06            The provision herein contained constitute the entire agreement between the parties and supersede all previous communications, representations and agreements, whether verbal or written, between the parties with respect to the subject matter hereof.

11.07            This Agreement and all documents contemplated by or delivered in connection with this Agreement may be executed and delivered by facsimile or original and in any number of counterparts, and each executed counterpart will be considered to be an original.  All executed counterparts taken together will constitute one agreement.

 

  

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IN WITNESS WHEREOF the parties hereto as of the day and year first above written have duly executed this agreement.

Water For The World Manufacturing Inc.

Per:/s/: Max Rajewski

Authorized Signatory

Bravo Enterprises Ltd.

Per:/s/: Jaclyn Cruz

Authorized Signatory

  

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Schedule “A”

 

The following table lists all Water For The World Manufacturing Inc. shareholders and/or nominees (the “Members”) and the number of shares of Bravo that each such shareholder shall receive.

 

	
 

Water for the World Manufacturing Inc. Member Names

	
Bravo Enterprises Ltd. 

Shares

To Be Received

	
John MacAskill

	
6,000,000

	
Keir MacPherson

	
2,000,000

	
Andy Chu

	
3,000,000

	
Robert Klein

	
2,000,000

	
Arthur Yue

	
1,400,000

	
Jagjit Dhaliwal

	
300,000

	
Ranbir Dhaliwal

	
300,000

	
Stephen Liu

	
6,000,000

	
Palisades Financial Ltd.

	
2,000,000

	
Charlton Investments Ltd.

	
6,000,000

	
Elco Securities

	
6,000,000

	
Domain Land Holdings Ltd.

	
2,000,000

	
1063244 Alberta Ltd.

	
2,000,000

	
Compte De Sierge Accomodative Corp. Limited

	
6,000,000

	
Golden Spirit Entertainment Ltd.

	
5,000,000

	
Asiatic Management Consultants Ltd.

	
6,000,000

	
Frank Disalvo

	
3,000,000

	
Tyler Powell

	
500,000

	
Drake Enterprises Ltd.

	
500,000

	
Water For The World Manufacturing Inc.

	
6,000,000

	
Karen Fraser

	
6,000,000

	
Robert Fraser

	
6,000,000

	
Nicole Fraser

	
6,000,000

	
Amanda Fraser

	
6,000,000

	
John Fraser

	
6,000,000

	
Russell Fraser

	
6,000,000

	
David Wagner

	
2,000,000

	
Neil Eisenhut

	
2,000,000

	
Thomas Carter

	
6,000,000

	
Phillip Fraser

	
6,000,000

	
William Robertson

	
500,000

	
John Karnish

	
1,500,000

	
Total Shares

	
120,000,000

8bpac_ex101.htm

EXHIBIT 10.1

 

PURCHASE AND ASSIGNMENT OF RIGHTS AGREEMENT

This Purchase and Assignment of Rights (the “Agreement”) is entered into as of July 11, 2012 (the “Closing Date”) by and between RWIP, LLC, an Oregon limited liability company (“Assignor”), and Biopack Environmental Solutions, Inc., a Nevada corporation (dba TriStar Wellness Solutions) (“Assignee”).  The Assignor and the Assignee shall each be referred to as a “Party” and collectively as the “Parties.”

RECITALS

WHEREAS, the Assignor is a party to that certain Asset Purchase Agreement by and between Assignor and I-Web Media, Inc., a Delaware corporation (nka InterCore Energy, Inc.) dated December 10, 2010, a copy of which is attached hereto as Exhibit A (the “Asset Purchase Agreement”);

WHEREAS, under the Asset Purchase Agreement Assignor sold the rights to certain Assets (as defined in the Asset Purchase Agreement) to InterCore Energy, Inc. partially in exchange for the rights to receive royalties equal to Twenty Percent (20%) of all net income (revenue minus expenses) received by InterCore Energy, Inc. in connection with the Assets (as defined in the Asset Purchase Agreement) (the “Royalty Payments”);

WHEREAS, the Assignor wishes to assign its rights to receive the Royalty Payments to Assignee, and Assignee wishes to receive the rights to the Royalty Payments, in exchange for the consideration discussed herein (the “Assignment”).

The Assignor and the Assignee agree as follows with respect to the Assignment by the Assignor to the Assignee of certain rights and interests held by Assignor.

ARTICLE I

ASSIGNMENT OF INTEREST

1.1            Assignment of Interest.  The Assignor hereby sells, transfers, assigns and delivers to the Assignee, free and clear of any liens or encumbrances of any kind which have been created or granted by the Assignor all of the Assignor’s right, title and interest in the Royalty Payments.

1.2            Purchase Price.  In exchange for the rights to receive the Royalty Payments, Assignee agrees to issue the Assignor Two Million (2,000,000) shares of Assignee’s Series D Convertible Preferred Stock (the “Purchase Price”).

 

  

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ARTICLE II

REPRESENTATIONS & WARRANTIES OF ASSIGNOR

2.1            The Assignee shall be entitled to the Royalty Payments.

2.2            The Assignor is a limited liability company duly organized, validly existing, and in good standing under the laws of the State of Oregon, with full power and authority to carry on its business as now being conducted and to own the Royalty Payments and to perform all of its obligations.  The Assignor has the corporate power and authority to sell, assign, transfer, convey and deliver to Assignee the Royalty Payments as contemplated by this Agreement, and the execution, delivery and performance of this Agreement and the assignment have been properly and duly authorized by the Assignor.  This Agreement and all other agreements executed in connection with the assignment constitute, or will constitute upon execution, the legal, valid and binding obligations of the Assignor, enforceable in accordance with their respective terms.

2.3            The Assignor has not entered into any agreements or granted any rights, the performance of which would in any way prevent, limit or restrict the performance of any of the terms of this Agreement.

2.4            The Assignor has no knowledge of claims by any person, which, if sustained, would be contrary to Assignor’s warranties made within this Agreement.

2.5            The rights and interests hereby assigned are still owing to Assignor over and above all claims for set-off or otherwise.

2.6            The Assignor will not receive and accept the assigned rights, unless and expressly for the sole purpose of delivering such assigned rights and title or funds resulting therefrom to Assignee.

2.7            The Assignor acknowledges that the Shares are restricted securities under Rule 144 of the Securities Act of 1933, and, therefore, when issued by the Assignee will contain a restrictive legend substantially similar to the following:

 

THESE SECURITIES HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED (THE “ACT”).  THEY MAY NOT BE SOLD, OFFERED FOR SALE, PLEDGED OR HYPOTHECATED IN THE ABSENCE OF AN EFFECTIVE REGISTRATION STATEMENT AS TO THE SECURITIES UNDER THE ACT OR AN OPINION OF COUNSEL SATISFACTORY TO THE COMPANY THAT SUCH REGISTRATION IS NOT REQUIRED.

2.8            The Assignor is aware the Purchase Price are shares of Assignee’s Series D Convertible Preferred Stock, is aware of the terms of such Series D Convertible Preferred Stock and has reviewed the Certificate of Designation that sets forth the terms of the Series D Convertible Preferred Stock.

 

  

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ARTICLE III

REPRESENTATIONS & WARRANTIES OF ASSIGNEE

3.1            The Assignee is a corporation duly organized, validly existing, and in good standing under the laws of the State of Nevada, with full power and authority to carry on its business as now being conducted, to accept the Royalty Payments, to issue the shares of Series D Preferred Stock that is the Purchase Price, and to perform all of its obligations.  The Assignee has the corporate power and authority to accept from Assignor the Royalty Payments as contemplated by this Agreement, and the execution, delivery and performance of this Agreement and the assignment have been properly and duly authorized by the Assignee.  This Agreement and all other agreements executed in connection with the assignment constitute, or will constitute upon execution, the legal, valid and binding obligations of the Assignee, enforceable in accordance with their respective terms.

3.2            The Assignee has not incurred, nor will it incur, directly or indirectly, any liability for brokerage or finders’ fees or any similar charges in connection with this Agreement or the assignment.

ARTICLE IV

MISCELLANEOUS

4.1            Amendments; No Waivers.

  (a) Any provision of this Agreement may be amended or waived if, and only if, such amendment or waiver is in writing and signed, in the case of an amendment, by the Assignor and the Assignee, or in the case of a waiver, by the party against whom the waiver is to be effective.

 

  (b) No waiver by a party of any default, misrepresentation or breach of warranty or covenant hereunder, whether intentional or not, shall be deemed to extend to any prior or subsequent default, misrepresentation or breach of warranty or covenant hereunder or affect in any way any rights arising by virtue of any prior or subsequent occurrence.  No failure or delay by a party in exercising any right, power or privilege hereunder shall operate as a waiver thereof nor shall any single or partial exercise thereof preclude any other or further exercise thereof or the exercise of any other right, power or privilege.  The rights and remedies herein provided shall be cumulative and not exclusive of any rights or remedies provided by law.

 

4.2            Expenses.  All costs and expenses incurred in connection with the negotiation and execution of this Agreement and in closing and carrying out the transactions contemplated hereby shall be paid by the party incurring such cost or expense.  This Section shall survive any termination of this Agreement.

 

4.3            Successors and Assigns.  This Agreement shall be binding upon and inure to the benefit of the parties hereto and their respective successors and permitted assigns.

 

4.4            Counterparts; Effectiveness.  This Agreement may be signed in any number of counterparts, each of which shall be an original, with the same effect as if the signatures thereto and hereto were upon the same instrument and delivered in person.  Signatures transmitted electronically by .pdf file or facsimile shall be binding for all purposes.

 

4.5            Severability.  If any provision of this Agreement, or the application thereof to any Person, place or circumstance, shall be held to be invalid, unenforceable or void, the remainder of this Agreement and such provisions as applied to other Persons, places and circumstances shall remain in full force and effect if, but only if, after excluding the portion deemed to be unenforceable, the remaining terms shall provide for the consummation of the transactions contemplated hereby in substantially the same manner as originally set forth at the later of the date this Agreement was executed or last amended.

 

4.6            Disclosure to Third Parties.  This Agreement may be disclosed to any and all third parties for the purposes manifested herein.

 

4.7            Governing Law and Venue. This Agreement is executed pursuant to and shall be interpreted and governed for all purposes under the laws of the State of Connecticut.  Any cause of action brought to enforce any provision of this Agreement shall be brought in the appropriate court in Fairfield County, Connecticut.

 

  

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IN WITNESS WHEREOF, the parties hereto have caused this Agreement to be duly executed by their respective authorized officers as of the day and year first above written.

 

	
“Assignor”

	 	
“Assignee”

	 
	  	 	  	 
	
RWIP, LLC

	 	
Biopack Environment Solutions, Inc.

	 
	
an Oregon limited liability company

	 	
a Nevada corporation

	 
	  	 	  	 
	By:	
/s/ Frederick A. Voight                                           

	 	By:	
/s/ Harry Pond 

	 
	 	Frederick A. Voight	 	 	Harry Pond	 
	 	
President of Fandeck, Inc., the General Partner of Rivercoach Partners, 

	 	 	President	 
	 	LP, the Managing Member of RWIP LLC	 	 	 	 

 

  

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Exhibit A

Asset Purchase Agreement

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