Document:

ex10_1.htm

    EXHIBIT 10.1

     

    [Letterhead of Greentree Financial Group, Inc.]

    
      

      February
        1, 2008

      

      PERSONAL
        AND
        CONFIDENTIAL

      

      

      Interactive
        Games Inc.

      801
        S. Olive Ave., Ste.
        113

      West
        Palm Beach, FL 33410

      Attn:
        Michael Friedman, President

      

      Dear
        Mr.
        Friedman:

      

      This
        letter agreement ("Agreement") confirms the terms and conditions of the
        engagement of Greentree Financial Group, Inc. ("Greentree") by Interactive
        Games, Inc., a Florida Corp., (the "Company") to render certain professional
        services to the Company in connection with the Company's proposed registration
        statements.

      

      1.           
        Services.  Greentree
        agrees to perform the following services:

      

      
        	
                 

              	
                (a)

              	
                Assist
                  with the preparation of Form SB-2 (or equivalent form of registration
                  statement), including answering comments from the Securities and
                  Exchange
                  Commission, if any; 

              

      

      

      
        	
                 

              	
                (b)

              	
                Assist
                  with EDGARizing the aforementioned document as required by the
                  Securities
                  and Exchange Commission, including any applicable amendments;
                  

              

      

      

      
        	
                 

              	
                (c)

              	
                Perform
                  such other services as the Company and Greentree shall mutually
                  agree to
                  in writing. 

              

      

      

      Note:  The
        Company must provide Greentree with an update business plan and latest audited
        financial statements by a PCAOB member firm. Additionally, the Company will
        provide Greentree with interim unaudited financials statements that are current
        within 90 days of any filing date.

      

      
        	
                      2.

              	
                Fees.  The
                  Company agrees to pay Greentree for its services a non-refundable
                  professional service fee ("Service Fee") of $20,000 in cash, plus
                  100,000
                  common shares of CNUV, the majority shareholder, and 250,000 common
                  shares
                  of Interactive Games, Inc. (FL) (the "Share Compensation"), during
                  the
                  Term, payable upon signing this agreement.

              

      

      

      

      In
        addition to any fees that may be payable to Greentree under this letter,
        the
        Company agrees to reimburse Greentree, upon request made from time to time,
        for
        its reasonable out-of-pocket expenses incurred in connection with Greentree’s
        activities under this letter, including the reasonable fees and disbursements
        of
        its legal counsel.

      

      3.           
        Term.  The
        term of this Agreement shall commence on February 1, 2008, and end on the
        effective date of Form S-2B (the "Term").  This Agreement may be
        renewed upon mutual written agreement of the parties hereto.  This
        agreement may be terminated by the Company prior to its expiration or services
        being rendered with 45 days prior written notice to Greentree. Any obligation
        pursuant to this Paragraph 3, and pursuant to Paragraphs 2 (fees), 4
        (indemnification), 5 (matters relating to engagement), 6 (governing law)
        and 9
        (miscellaneous) hereof, shall survive the termination or expiration of this
        Agreement. As stated in the foregoing sentence, the parties specifically
        agree
        that in the event the Company terminates this Agreement prior to expiration
        of
        the Term, the full Service Fee of $20,000 in cash and the Share Compensation
        shall become immediately due and payable.

      

      4.           
        Indemnification.  In
        addition to the payment of fees and reimbursement of fees and expenses provided
        for above, the Company agrees to indemnify Greentree and its affiliates with
        regard to the matters contemplated herein, as set forth in Exhibit A, attached
        hereto, which is incorporated by reference as if fully set forth herein. After the Agreement
        is
        signed by both parties, Greentree shall not terminate the Agreement; otherwise,
        Greentree shall return all the fees that have been paid by the
        Company.

      

      5.           
        Matters Relating
        to
        Engagement.   The Company acknowledges that Greentree has
        been retained solely to provide the services set forth in this
        Agreement.  In rendering such services, Greentree shall act as an
        independent contractor, and any duties of Greentree arising out of its
        engagement hereunder shall be owed solely to the Company. The Company further
        acknowledges that Greentree may perform certain of the services described
        herein
        through one or more of its affiliates.

      

      The
        Company acknowledges that Greentree is a consulting firm that is engaged
        in
        providing professional services.  The Company acknowledges and agrees
        that in connection with the performance of Greentree's services hereunder
        (or
        any other services) that neither Greentree nor any of its employees will
        be
        providing the Company with legal, tax or accounting advice or guidance (and
        no
        advice or guidance provided by Greentree or its employees to the Company
        should
        be construed as such) and that neither Greentree nor its employees hold itself
        or themselves out to be advisors as to legal, tax, accounting or regulatory
        matters in any jurisdiction. The attorneys and accountants that work for
        Greentree are exclusively for Greentree's benefit. The Company shall consult
        with its own legal, tax, accounting and other advisors concerning all matters
        and advice rendered by Greentree to the Company and the Company shall be
        responsible for making its own independent investigation and appraisal of
        the
        risks, benefits and suitability of the advice and guidance given by Greentree
        to
        the Company and the transactions contemplated by this
        Agreement.  Neither Greentree nor its employees shall have any
        responsibility or liability whatsoever to the Company or its affiliates with
        respect thereto.

      

      The
        Company recognizes and confirms that in performing its duties pursuant to
        this
        Agreement, Greentree will be using and relying on data, material, and other
        information (the "Information") furnished by the Company, a Strategic Partner
        or
        their respective employees and representatives.  The Company will
        cooperate with Greentree and will furnish Greentree with all Information
        concerning the Company and any Transaction, Alternate Transaction or Financing
        which Greentree deems appropriate and will provide Greentree with access
        to the
        Company's officers, directors, employees, independent accountants and legal
        counsel for the purpose of performing Greentree's obligations pursuant to
        this
        Agreement.   The Company hereby agrees and represents that all
        Information furnished to Greentree pursuant to this Agreement shall be accurate
        and complete in all material respects at the time provided, and that, if
        the
        Information becomes materially inaccurate, incomplete or misleading during
        the
        term of Greentree's engagement hereunder, the Company shall promptly advise
        Greentree in writing.  Accordingly, Greentree assumes no
        responsibility for the accuracy and completeness of the Information. In
        rendering its services, Greentree will be using and relying upon the Information
        without independent verification evaluation thereof.

      

      6.           
        Governing
        Law.  This Agreement shall be governed by and construed in
        accordance with the laws of the State of Florida without regard to the conflict
        of laws provisions thereof.

      

      7.           
        No
        Brokers.  The Company represents and warrants to Greentree that
        there are no brokers, representatives or other persons which have an interest
        in
        compensation due to Greentree from any services contemplated
        herein.

      

      8.           
        Authorization.  The
        Company and Greentree represent and warrant that each has all requisite power
        and authority, and all necessary authorizations, to enter into and carry
        out the
        terms and provisions of this Agreement and the execution, delivery and
        performance of this Agreement does not breach or conflict with any agreement,
        document or instrument (including contracts, wills, agreements, records and
        wire
        receipts, etc.) to which it is a party or bound.

      

      9.           
        Miscellaneous.  This
        Agreement constitutes the entire understanding and agreement between the
        Company
        and Greentree with respect to the subject matter hereof and supersedes all
        prior
        understanding or agreements between the parties with respect thereto, whether
        oral or written, express or implied.  Any amendments or modifications
        must be executed in writing by both parties.  This Agreement and all
        rights, liabilities and obligations hereunder shall be binding upon and insure
        to the benefit of each party’s successors but may not be assigned without the
        prior written approval of the other party.  If any provision of this
        Agreement shall be held or made invalid by a statute, rule, regulation, decision
        of a tribunal or otherwise, the remainder of this Agreement shall not be
        affected thereby and, to this extent, the provisions of this Agreement shall
        be
        deemed to be severable.  This Agreement may be executed in any number
        of counterparts, each of which, shall be deemed to be an original, but such
        counterparts shall, together, constitute only one instrument.  The
        descriptive headings of the Paragraphs of this Agreement are inserted for
        convenience only, do not constitute a part of this Agreement and shall not
        affect in anyway the meaning or interpretation of this Agreement.

      

      

      Please
        confirm that the foregoing correctly sets forth our agreement by signing
        below
        in the space provided and returning this Agreement to Greentree for execution,
        which shall constitute a binding agreement as of the date first above
        written.

      

      Thank
        you.  We look forward to a mutually rewarding
        relationship.

       

      GREENTREE
        FINANCIAL GROUP, INC.

       

      
        	
                 

              	
                By:
                  /s/ R. Chris
                  Cottone

              

      

      Name:
        R.
        Chris Cottone

      Title:   Vice-President

       

      AGREED
        TO
        AND ACCEPTED

      AS
        OF
        FEBRUARY 1, 2008:

       

      INTERACTIVE
        GAMES INC.

       

      By:
/s/
        Michael Friedman

      Name:
        Michael Friedman

      Title:   President

       

       

      EXHIBIT
        A: INDEMNIFICATION

      

      The
        Company agrees to indemnify Greentree, its employees, directors, officers,
        agents, affiliates, and each person, if any, who controls it within the meaning
        of either Section 20 of the Securities Exchange Act of 1934 or Section 15
        of the
        Securities Act of 1933 (each such person, including Greentree is referred
        to as
        "Indemnified Party") from and against any losses, claims, damages and
        liabilities, joint or several (including all legal or other expenses reasonably
        incurred by an Indemnified Party in connection with the preparation for or
        defense of any threatened or pending claim, action or proceeding, whether
        or not
        resulting in any liability) ("Damages"), to which such Indemnified Party,
        in
        connection with providing its services or arising out of its engagement
        hereunder, may become subject under any applicable Federal or state law or
        otherwise, including but not limited to liability or loss (i) caused by or
        arising out of an untrue statement or an alleged untrue statement of a material
        fact or omission or alleged omission to state a material fact necessary in
        order
        to make a statement not misleading in light of the circumstances under which
        it
        was made, (ii) caused by or arising out of any act or failure to act, or
        (iii)
        arising out of Greentree's engagement or the rendering by any Indemnified
        Party
        of its services under this Agreement; provided, however, that the Company
        will
        not be liable to the Indemnified Party hereunder to the extent that any Damages
        are found in a final non-appealable judgment by a court of competent
        jurisdiction to have resulted from the gross negligence or willful misconduct
        of
        the Indemnified Party seeking indemnification hereunder.

      

      These
        indemnification provisions shall be in addition to any liability which the
        Company may otherwise have to any Indemnified Party.

      

      If
        for
        any reason, other than a final non-appealable judgment finding an Indemnified
        Party liable for Damages for its gross negligence or willful misconduct the
        foregoing indemnity is unavailable to an Indemnified Party or insufficient
        to
        hold an Indemnified Party harmless, then the Company shall contribute to
        the
        amount paid or payable by an Indemnified Party as a result of such Damages
        in
        such proportion as is appropriate to reflect not only the relative benefits
        received by the Company and its shareholders on the one hand and the Indemnified
        Party on the other, but also the relative fault of the Company and the
        Indemnified Party as well as any relevant equitable considerations.

      

      Promptly
        after receipt by the
        Indemnified Party of notice of any claim or of the commencement of any action
        in
        respect of which indemnity may be sought, the Indemnified Party will notify
        the
        Company in writing of the receipt or commencement thereof and the Company
        shall
        have the right to assume the defense of such claim or action (including the
        employment of counsel reasonably satisfactory to the Indemnified Party and
        the
        payment of fees and expenses of such counsel), provided that the Indemnified
        Party shall have the right to control its defense if, in the opinion of its
        counsel, the Indemnified Party's defense is unique or separate to it as the
        case
        may be, as opposed to a defense pertaining to the Company.  In any
        event, the Indemnified Party shall have the right to retain counsel reasonably
        satisfactory to the Company, at the Company's sole expense, to represent
        it in
        any claim or action in respect of which indemnity may be sought and agrees
        to
        cooperate with the Company and the Company's counsel in the defense of such
        claim or action.  In the event that the Company does not promptly
        assume the defense of a claim or action, the Indemnified Party shall have
        the
        right to employ counsel to defend such claim or action. Any obligation pursuant
        to this Annex shall survive the termination or expiration of the
        Agreement.ex10_2.htm

    EXHIBIT 10.2

     

    REVOLVING
      CREDIT NOTE

    

    

    $150,000                                                                                     
      Date: August 15, 2005

    

    FOR
      VALUE
      RECEIVED, the undersigned, INTERACTIVE GAMES, INC., a Florida corporation (the
      “Borrower”), HEREBY PROMISES TO PAY to the order of Millennium Opportunity Fund
      (the “Lender”), twelve (12) months from the date hereof, at its office
      designated from time to time, in lawful money of the United States, the
      principal amount of One Hundred Fifty Thousand Dollars ($150,000) or the
      aggregate unpaid principal amount of all loans made to the Borrower by the
      Lender, whichever is less, and to pay interest from the date of the Revolving
      Credit Note on the unpaid principal amount of this Revolving Credit Note, in
      like money or with shares of the Borrower’s common stock, at such office and at
      the time of the payment of the principal amount hereof, at a rate per annum
      of
      eight percent (8%) per annum, and with the principal balance and all accrued
      interest being due and payable twelve (12) months from the date
      hereof.  All payments on account of this indebtedness evidenced by
      this Revolving Credit Note shall be applied first to interest accrued on this
      unpaid principal balance and the remaining to principal.

    

    The
      Borrower hereby authorizes the Lender to endorse on the Schedule annexed to
      this
      Revolving Credit Note the amount and type of all revolving credit loans made
      to
      the Borrower, all renewals and payments of principal amounts in respect of
      such
      revolving credit loans, and the outstanding principal amount of all revolving
      credit loans; provided, however, that the failure to make such notation with
      respect to any revolving credit loan or payment shall not limit or otherwise
      affect the obligation of the Borrower under this Revolving Credit
      Note.

    

    This
      Note
      is secured by certain assets described in that certain Loan Agreement between
      Lender and Borrower dated as of August 2005.  In the event of any
      default in the performance of any obligation under this Note, and in addition
      to
      the rights and remedies contained in the succeeding paragraph of this Revolving
      Credit Note or such Loan Agreement, Lender shall have all of the rights and
      remedies of a secured party under the Uniform Commercial Code, other applicable
      statutes and related laws of the State of Florida.  Such rights and
      remedies shall include the right to sell or otherwise dispose of such collateral
      or the interests represented thereby.  This Note may be prepaid in
      whole or in part at any time during the term hereof together with related
      accrued interest on the principal amount of this Revolving Credit Note to be
      prepaid.

    

    In
      the
      event of any default in any payment on this Revolving Credit Note, then in
      lieu
      of the rate of interest set forth above, and after such default, this Revolving
      Credit Note shall bear interest computed from the date of such default at one
      and one-half percent (11⁄2%) per month, but in any event not in excess of the
      legally prescribed rate for instruments of this kind.  The term “event
      of default” as used herein, shall mean (i) the failure of Borrower to make any
      payments under the Revolving Credit Note, or (ii) the breach by Borrower of
      any
      term or condition of that certain Loan Agreement dated as of August 15, 2005,
      which breach shall continue for ten (10) days after notice of default, such
      notice to be delivered to Borrower by registered, certified or overnight mail
      duly recorded at the principal office of the Borrower.

    

    Any
      provision hereof which may prove unenforceable under any law shall not affect
      the validity of any other provision hereof.

    

    Borrower
      hereby waives presentment for payment, protest and notice of protest and all
      other notices or demands in connection with the delivery, acceptance,
      performance, default or endorsement of this Revolving Credit Note.

     

         
      INTERACTIVE GAMES, INC.

     

         
      By: /s/Michele Friedman,
      President           

    Michele
      Friedman,
      President

    

    

    ATTEST:

     

     

    Secretary

    

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    
      NOTICE
        OF
        DEBT CONVERSION

       

      To:
        The
        Officers of Interactive Games, Inc.

       

      Re:
        Debt
        conversion of The Millenium Opportunity Fund, B. Michael Friedman

       

      And
        Related Parties

       

      March
        18. 2008

       

      The
        following letter should serve as notice that the revolving line of credit
        between Interactive Games, Inc. (a Florida Corp) and The Millenium Opportunity
        Fund (“Millenium”), as well as various loans and interest between Interactive
        Games, Inc. and MarketVoive, Inc.,(“MarketVoice”) PR Broadcast, Inc.(“PR
        Broadcast”) and B. Michael Friedman all of which are in the
        aggregate  amount of three hundred thousand,  one hundred
        nine dollars and thirty two cents ($300,109.32) is hereby requested to be
        converted into equity of Interactive Games Inc. at a price of .10 a share.
        Since
        B. Michael Friedman is the sole officer of Millenium, MarketVoice, and PR
        Broadcast all of shares to be issued should be in the name B. Michael Friedman.
        The number of shares to be issued is to be 3,001,093 common shares.

       

      The
        total
        amount due in the aggregate of $300,109.32 to Millenium, B. Michael Friedman,
        MarketVoice and PrBroadcast shall be considered paid in full, upon the receipt
        of 3,001,093 shares of common stock of Interactive Games, Inc.

       

      The
        request for conversion is hereby made this 18th
        day of
        March 2008.

       

      Respectfully
        submitted,

       

      B.
        Michael Friedman

       

      For
        Millenium Opportunity Fund, Marketvoice Inc. PrBroadcast Inc.

       

       

      Accepted
        By: ___________________

       

      On
        behalf
        of Interactive Games, Inc

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