Document:

nsj_ex108.htm

EXHIBIT 10.8

SALES, MARKETING & BACKOFFICE SUPPORT SERVICES AGREEMENT

THIS SALES, MARKETING & BACKOFFICE SUPPORT SERVICES AGREEMENT ("Agreement") is made and entered into as of February 1, 2012 ("Effective Date") by and among NSJ-US. Co., Ltd. ("NSJ"), a Nevada corporation with U.S. offices located at 1955 Baring Blvd., Sparks, NV 89434 and, CSI Co., Ltd. ("CSI"), a Japan corporation with U.S. offices located at 1801 Avenue of the Stars, Suite 1203, Los Angeles, California 90067.  (NSJ and CSI  collectively, the "Parties").

WHEREAS, NSJ is the distributor of certain Japan-related products and services as set forth on Schedule A (the “Products”); and

WHEREAS, CSI has English speaking marketing personnel located at its office in the U.S. in Los Angeles CA and related U.S. marketing and sales expertise; and

WHEREAS, NSJ desires to establish a sales representative presence with an office in the U.S. and secure the assistance of CSI personnel for its officers and directors in furtherance of NSJ’s marketing activities in the U.S.; and

WHEREAS, CSI agrees that it shall undertake certain sales and other marketing support activities on behalf of NSJ, as well as provide and make available to NSJ backoffice services for a U.S. representative office at CSI’s California office.

NOW THEREFORE, in consideration of the mutual and dependent promises hereinafter set forth, the Parties, intending to be legally bound, hereby agree as follows:

1.  NSJ-PROVIDED RESOURCES.

	
a.   

	
NSJ Marketing Personnel.  NSJ personnel, including its President, Vice President-Sales and Independent Director, shall act as marketing personnel for NSJ.

 

	
b.   

	
Products and Services.  NSJ will make available all Japan related products and services which it has the right to distribute in the U.S.

 

	
c.   

	
Customer Service.  NSJ will be responsible for all customer service.

 

	
d.   

	
Prices.  NSJ will be responsible for setting all prices on the Products.

  

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2.  CSI PROVIDED RESOURCES:  Marketing, Advertising and Sales Expertise and Support.

CSI shall provide NSJ with the following:

	
a.   

	
Sales and Marketing support, including access to CSI's marketing professionals, as well as consulting services and access to any technology or expertise used by or available to CSI for creating, implementing, managing or otherwise supporting sales and marketing and related activities.

 

	
b.   

	
Advertising and sales support.  Such support shall include consulting services and access to any technology or expertise used by or available to CSI for creating, implementing, managing or otherwise supporting advertising, sales and related activities, including all assistance requested by NSJ marketing personnel in marketing and selling the Products in the U.S.

 

	
c.   

	
CSI Employees may directly market the Products to potential customers as directed and supervised by NSJ marketing personnel.

3.  NSJ BACKOFFICE SUPPORT.

 

CSI shall make available to NSJ all backoffice support services it currently maintains for its own activities in its California office.

4.   EMPLOYEES. Each Party shall be responsible for its own employees.

5.   COMPENSATION.

NSJ shall pay to CSI as compensation for its services hereunder the following compensation:

$300 per month plus 5% of the gross sales price of any products of NSJ that CSI assists in selling in the U.S. under this Agreement

6.   RESTRICTIONS & LIMITATION ON THE OTHER ACTIVITIES.

 

	
a.  

	
No provision of this Agreement shall be construed as limiting or restricting in any way either Party from undertaking or supporting any other business activity, whether internal Party activity or third party activity, in pursuit of its business interests and objectives.

	
b.  

	
Neither Party is in any way restricted from advertising, marketing or otherwise marketing and promoting its products and services, or those of any other party.

	
c.  

	
NSJ shall not be limited or restricted in any way with respect to the setting of any prices for NSJ Products and services.

  

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7.  INTELLECTUAL PROPERTY.

 

Unless otherwise expressly provided herein or otherwise agreed by the Parties, each Party and its suppliers or licensors shall retain all right, title and interest, throughout the world, in and to all Intellectual Property owned, granted or licensed to such Party, and the other Party is granted no right, title or interest in or to such other Party's Intellectual Property under this Agreement.

8.  TAXES.

 

The Parties hereto shall each bear their respective taxes, if any, incurred in connection with this Agreement.

9.  TERM & TERMINATION.

 

In addition to any other right or remedy it may have, either NSJ or CSI may terminate this Agreement without any notice of default or judicial intervention being required, in the event:

	
a.   

	
proceedings in bankruptcy are instituted by or against the other party, or the other party terminates its business activities for any other reason.

 

	
b.   

	
there is any material breach of, or material failure to comply with, any of the terms or conditions of this Agreement by the other party which breach or failure is not remedied within thirty (30) days after notice of such breach or failure.

 

	
c.   

	
at any time after the date that is three years from the date hereof, NSJ or CSI gives the other party ninety (90) days notice, for any reason or no reason at all.

10.  MISCELLANEOUS.

 

	
a.   

	
Assignment.  No Party may assign this Agreement without the prior written consent of the other Parties under any conditions, except in connection with a corporate reorganization, merger or the sale of substantially all of its business or assets or substantially similar transaction.

	
b.   

	
Notices. All notices and other correspondence under this Agreement shall be in writing and shall be sufficiently given if delivered personally, if sent by e-mail or facsimile transmission.

	
c.   

	
Modification and Waiver. No modification, amendment, supplement to or waiver of this Agreement or any attachment hereto shall be binding upon the parties hereto unless made in writing and duly signed by both parties. No invoice or other similar form may vary the terms hereof, and any term thereof that is inconsistent with or additional to the terms hereof shall not be binding.  A failure or delay by either Party to enforce at any time any of the provisions hereof, or to exercise any option which is herein provided, or to require at any time performance of any of the provisions hereto shall in no way be construed to be a waiver of such provisions of the Agreement.

	
d.   

	
Severability. The provisions of this Agreement are severable, and in the event that any provisions of this Agreement are determined to be invalid or unenforceable under any controlling law, such invalidity or unenforceability shall not in any way affect the validity or enforceability of the remaining provisions thereof. If any provision of this Agreement is found to be invalid or unenforceable, the invalid provision shall be modified to the minimum extent required to comply with applicable law, and the modified provision shall be construed as having been in effect since the Effective Date.

 

	
e.   

	
Entire Agreement.  This Agreement and the Operating Agreement, including the schedules and exhibits referred to herein and therein and attached or to be attached hereto and thereto, constitutes the entire agreement between the parties and supercedes all prior agreements, promises, proposals, representations, understandings and negotiations, whether or not reduced to writing, between the parties respecting the subject matter hereof.

 

	
f.   

	
Governing Law; Choice of Forum.  The validity of this Agreement, the construction and enforcement of its terms, and the interpretation of the rights and duties of the parties shall be governed by the laws of the State of Nevada, excluding the choice of law and conflicts of law principles of that state.

 

	
g.   

	
Counterparts.  This Agreement may be executed in one or more counterparts, each of which shall be deemed an original, but all of which shall be considered one and the same instrument.

  

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This Agreement is signed by the Parties as of the date written above.

NSJ-US. Co., Ltd.

/s/ Joko Toshikazu, President

CSI Co. Ltd.

/s/ Takayuki Suzuki, Executive Director

 

[SIGNATURE PAGE TO MARKETING AND SERVICES AGREEMENT]

 

  

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SCHEDULE A

Robot Locator

Search Engine Optimization and Internet Marketing services of Net Creations Co.

All other Products and Services which NSJ acquires the right to distribute in the U.S. during the term of this agreement

 

  

5Wells Fargo Bank Custody Agreement VLL6INC EX 10.1

Wells Fargo Bank, N.A.

Custody Agreement

This Agreement, made as of the 7th day of December, 2011, by and between Wells Fargo Bank, N.A. (“Wells Fargo”), and Venture Lending and Leasing VI, Inc. (the “Owner”) as Owner(s) in regard to the custody of certain assets of the Owner.

Whereas Owner wishes to appoint a custodian to hold certain assets of the Owner pursuant to the direction of the Owner. 

Now, therefore, the parties hereto agree as follows:

		
	1.
	Appointment and Acceptance.  The Owner hereby appoints Wells Fargo, and Wells Fargo hereby accepts its appointment, as the custodian (the “Custodian”) of certain assets of the Owner (the “Account”).  The Account shall consist of those assets, which the Owner notifies Wells Fargo shall be included in the Account, together with the income, proceeds and profits thereon.  Wells Fargo will act as the Custodian for the purposes, to the extent, and in the manner and within the limitations set forth in this Agreement. 

		
	2.
	Services of Custodian.  The Custodian shall:

		
	2.1
	Open and maintain a custody account in the name of the Owner and hold in such account all cash and securities initially deposited, plus any additional cash and securities that may be received from Owner or pursuant to the direction of the Owner from time to time for deposit to the Account. The Custodian shall not be responsible to collect or enforce collection of contributions to the Account.

		
	2.2
	Act upon written direction from the Owner or from investment managers duly appointed in writing by the Owner.

		
	2.3
	Settle securities transactions for the Account with brokers or others in accordance with the written direction of the Owner or duly appointed investment manager.

		
	2.4
	Be responsible for the collection of investment income relating to the assets in the Account and providing for the daily investment thereof in accordance with the written direction of the Owner. (such collections may be in the form or cash, check, wire transfer, ACH or any other form of payment)

		
	2.5
	Present for payment all maturing securities or any securities called for redemption and collect proceeds therefrom.

		
	2.6
	Receive and deliver cash or securities as the Owner may direct in writing.

		
	2.7 
	Deliver proxy and other materials for securities held in the Account, including offers to tender or exchange such securities, to the Owner or otherwise as the Owner may direct in writing.

		
	2.8
	Send monthly to the Owner an itemized statement showing the funds and securities held in the Account as of the last day of the month and all debits, credits and transactions in the Account since the date of the last statement.

		
	2.9
	With respect to valuation of assets held in the Account,

		
	(A)
	Obtain the fair market value of publicly traded assets, including securities issued by the 

	
			
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Owner, where such assets have a readily ascertainable market value. 
		
	(B)
	Rely on pricing direction received from the Owner to the extent any securities issued by the Owner are or become thinly traded and/or a readily ascertainable market value is not available. 

		
	(C)
	Rely on pricing direction received from the Owner or its authorized agent for any non-publicly traded assets, including privately held securities issued by the Owner.

		
	2.10
	From time to time, on the written direction of the Owner, to make disbursements out of the Custodial Account to such persons, in such manner, in such amounts, and for such purposes as may be specified in such written direction.  The Custodian shall be under no liability for any disbursement made by it pursuant to such a direction.

		
	2.11
	Receive cash from various sources in connection with the Fund including legal and commitment fees, and payments from escrowed funds, etc.

		
	2.12
	Wells Fargo will provided custody of loan documentation, warrants and other documents as follows:  

		
	(A)
	Wells Fargo will provide physical safekeeping of documents executed in connection with loans, leases, and installment sales contracts held within custodial accounts and subaccounts;

		
	(B)
	Wells Fargo shall review each document received from or on behalf of the Owner in accordance with instructions provided by the Owner from time to time for that purpose;

		
	(C)
	Wells Fargo shall notify the Owner of any missing, incomplete, or inconsistent documents by means agreeable to Owner and Wells Fargo.  The Owner may deposit such missing documents or complete or correct the documents as may be specified in instructions of record; and

		
	(D)
	Wells Fargo will release and deliver said documents pursuant to the Owner's instructions as required.

		
	3.
	Powers of the Custodian.  The Custodian is authorized and empowered to:

		
	3.1
	Hold assets in the name of the nominee selected by the Custodian or such other nominee name as the Owner or investment manager may direct in writing.

		
	3.2
	Utilize agents other than persons on its regular payroll and delegate to them such ministerial and other non-discretionary duties as it sees fit and to rely upon such information furnished by such agents.

		
	3.3
	Make, execute, acknowledge and deliver any and all documents of transfer and conveyance and any other instruments that may be necessary or appropriate to carry out the custodianship duties and powers.

		
	3.4
	Decline to accept any asset or property which it deems to be unsuitable or inconsistent with its custodial operations.

		
	3.5
	Invest money or assets of the Account in any registered investment company to which the Custodian or an affiliate of the Custodian provides services and receives compensation for providing such services as such investment may be directed by Owner or an agent of Owner.

	
			
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	3.6
	Invest available cash in the Account, pending disbursement or investment, in a cash management vehicle as designated by the Owner or an agent of Owner.  The Owner understands and agrees that cash management vehicles made available by the Custodian may include deposit accounts of the Custodian or an affiliate, and that such deposit vehicles are specifically authorized for use in the Account.

		
	4.
	Additional Rights and Duties of the Custodian. 

		
	4.1
	Upon the reasonable prior written request of the Owner, the Custodian shall promptly permit the Owner, or its respective agents, employees or independent auditors, to examine, audit, excerpt, transcribe and copy, at the Owner's expense, during the Custodian's normal business hours, any books, documents, papers and records relating to the Account or the assets.

		
	4.2
	The duties and obligations of the Custodian shall only be such as are specifically set forth in this Agreement, as it may from time to time be amended, and no implied duties or obligations shall be read into this Agreement against the Custodian.  The Custodian shall not be liable except for its own gross negligence, willful misconduct or lack of good faith.

		
	4.3
	No provision of this Agreement shall require the Custodian to take any action which, in the Custodian's reasonable judgment, would result in any violation of this Agreement or any provision of law.

		
	4.4
	Anything in this Agreement to the contrary notwithstanding, in no event shall the Custodian be liable under or in connection with the Agreement for indirect, special, incidental, punitive or consequential losses or damages of any kind whatsoever, including but not limited to lost profits, whether or not foreseeable, even if the Custodian has been advised of the possibility thereof and regardless of the form of action in which such damages are sought.

		
	5.
	Indemnification.  The Owner agrees to reimburse, indemnify and hold the Custodian harmless from and against any and all liability, loss, claim, damage or expense, including taxes other governmental charges, and reasonable legal and attorneys' fees which may be imposed, assessed or incurred against the Account or against the Custodian incurred or made arising out of or in connection with the performance of the Custodian's obligations in accordance with the provisions of this Agreement.  This indemnity does not extend to any liability, loss, claim, damage or expense arising from the gross negligence, willful misconduct, or malfeasance on the part of the Custodian, its officers, agents or employees.  The Owner hereby acknowledges that the foregoing indemnities shall survive the resignation or discharge of the Custodian or the termination of this Agreement.

		
	6.
	Fees. The Custodian shall be paid reasonable compensation and fees for its services under this Agreement as agreed from time to time in writing by the parties pursuant to the terms of a separate fee agreement.  Such compensation and fees may be paid from the Account if not paid by the Owner within thirty (30) days after the Custodian mails a written invoice to the Owner.

		
	7.
	Amendment and Termination.  This Agreement may be amended at any time in writing in such manner as may be mutually agreed upon by the Custodian and Owner.  It may be terminated at any time by either the Custodian or Owner upon sixty (60) days' written notice to the other or as otherwise agreed by the parties.  As soon as administratively feasible following the effective date of such termination, the Custodian shall deliver the assets of the Account to the successor custodian appointed by the Owner and shall have no further custodial responsibilities for the assets in the Account. Any fees remaining outstanding and balances owing to the Custodian may be withheld from the assets delivered to the Owner or to the successor custodian.  In the event that the Owner fails to appoint a successor custodian within sixty (60) days 

	
			
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following receipt of the Custodian's notice of termination, the Custodian may, in its sole discretion and at the expense of the Owner, petition any court of competent jurisdiction for the appointment of a successor custodian or for other appropriate relief, and any such resulting appointment shall be binding upon all the parties.

		
	8.
	Authorized Persons.  The Owner shall furnish to the Custodian a written certification of the names and specimen signatures of individuals authorized to communicate with the Custodian on behalf of the Account.  The Custodian is authorized to follow and rely upon all instructions given by the persons named in such certificate, as amended from time to time, by officers named in incumbency certificates furnished to the Custodian from time to time by the Owner and by any person, including attorneys-in-fact, acting under written authority furnished to the Custodian by the Owner (“Authorized Persons”), including, without limitation, instructions given by letter, facsimile transmission, telegram, teletype, cablegram or electronic media, if the Custodian reasonably believes such instructions to be genuine and to have been signed, sent or presented by an Authorized Person.  The Custodian shall not incur any liability to anyone resulting from actions taken by the Custodian in reliance in good faith on such instructions.  The Custodian shall not incur any liability in executing instructions (i) from any Authorized Person prior to receipt by it of notice of the revocation of the written authority of such Authorized Person or (ii) from any officer of the Owner named in an incumbency certificate delivered hereunder prior to receipt by it of a more current certificate.

                                        
		
	9. 
	Notices. Notice to the Custodian shall be directed and mailed as follows:

Deanna Goldstein
Wells Fargo Bank, N.A.
Institutional Retirement and Trust
600 California St. 12th Floor
MAC #A0193-120
San Francisco, CA 94108

Notice to Owner shall be directed and mailed as follows:

Martin Eng
Venture Lending & Leasing VI, Inc.
104 La Mesa Drive
Suite 102
Portola Valley, CA 94028

		
	10.
	Severability. If any provisions of this Agreement are held invalid or unenforceable, such invalidity or unenforceability shall not affect any other provision, and this Agreement shall be construed and enforced as if such provisions had not been included.

		
	11.
	Assignment. No assignment of this Agreement shall be made by either party without written consent of the other.

		
	12.
	Section Headings. The headings of sections in this Agreement are inserted for convenience and reference and shall not be deemed to be a part of or used in the construction of this Agreement.

		
	13.
	Governing Law. This Agreement and all transactions hereunder shall be governed by, interpreted, construed and enforced in accordance with the laws of the State of California.

		
	14.
	Successors and Assigns. This Agreement shall bind the successors and assigns of Owner and shall bind the successors and assigns of The Custodian.

	
			
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	15.
	Effective Date. This Agreement shall be effective on the 7th day of December, 2011.

 IN WITNESS WHEREOF, the parties have executed this Agreement as of the day and year first written above.

Owner: Venture Lending and Leasing VI, Inc.
                
By: /s/ Maurice C. Werdegar                  
Its: CEO

By: /s/ Martin D. Eng
Its: CFO
                

Custodian: WELLS FARGO BANK, N.A.

By: /s/ Deanna Goldstein
Its: Vice President 
  

	
			
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