SEC Contract Filing

Filing Date: 2017-11-08

Document Content:
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<TYPE>EX-10.2
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<FILENAME>ex10-2.htm
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<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin-top: 0; text-align: center; margin-bottom: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">PROJECT
ORIGINATION AGREEMENT</FONT></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0in; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">THIS
PROJECT ORIGINATION AGREEMENT (this &ldquo;<B><I><U>Agreement</U></I></B>&rdquo;) is made and entered effective as of October
1, 2017 (the &ldquo;<B><I><U>Effective Date</U></I></B>&rdquo;) by and between <B>PROFIT BRIGHT DEVELOPMENT LLC</B>, a Florida
limited liability company (&ldquo;<B><I><U>Company</U></I></B>&rdquo;), with registered address at 700 W Hillsboro Blvd., Suite
1-100, Deerfield Beach, FL 33441, and <B>HELPFUL ALLIANCE COMPANY INC</B>., a Florida Corporation with registered address at 700
W Hillsboro Blvd., Suite 1-100, Deerfield Beach, FL 33441, acting singly or together with its subsidiaries and affiliates (&ldquo;<B><I><U>Alliance</U></I></B>&rdquo;).</FONT></P>

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<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">RECITALS</FONT></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0in; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>WHEREAS</B>,
the Company hereby retains the Alliance&rsquo;s management for project origination services, feasibility studies and pro-forma
modeling for 3 prospective land acquisition and development opportunities.</FONT></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0in; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>NOW
THEREFORE</B>, in consideration of the mutual covenants hereinafter exchanged, the parties agree as follows:</FONT></P>

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 <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; width: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>1.</B></FONT></TD>
 <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><U>Project
 Origination Services</U>. </B>The Alliance, directly and/or through one or more of its subsidiaries and/or affiliates, will
 provide management for project origination services, feasibility studies and pro-forma modeling for 3 prospective land acquisition
 and development opportunities (collectively the &ldquo;<B><I><U>Services</U></I></B>&rdquo;).</FONT></TD></TR>
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 <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
 <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
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 <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>2.</B></FONT></TD>
 <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><U>Compensation</U></B>.
 As compensation for Alliance&rsquo;s services under this Agreement, the Company shall pay, or cause to be paid, to Alliance
 the project origination fee in the amount of Fifty Thousand ($50,000) U.S. Dollars due and payable upon commencement of the
 Services (&ldquo;<B><I><U>Compensation</U></I></B>&rdquo;). The Compensation shall be paid by the Company in advance and shall
 be non- refundable. There shall be no additional charges and/or fees due from the Company to Alliance, unless agreed by the
 Company otherwise in writing.</FONT></TD></TR>
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 <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
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