[Foundation for Economic Liberty, Inc. stationary] 3/27/98 AGREEMENT Between Jason Snow (JS), Resistance Records, Inc. (RR), the Foundation for Economic Liberty, Inc. (FEL). 1. For consideration of $60,000.00, JS will transfer 60 shares of RR stock to FEL. Payment to JS as follows: $30,000.00 on March 27, 1998 $30,000.00 on June 30, 1999 Total $60,000.00 2. FEL will compensate JS a consultant fee of $30,000.00 per year to produce and monitor a web site. Also, to provide a current mailing list of RR customers immediately. First payment of $576.80 due on April 10, 1998 for the period March 30 - April 4, 1998. Thereafter, $1153.85 on a bi-weekly basis. 3. FEL will make a $20,000.00 loan to RR in the form of a promissory note at an interest rate of 10% P.A. This note is due on or before March 26, 1999 and can be paid off without penalty at any time. Interest will be calculated on the unpaid balance until paid in full. 4. RR will receive a 25% discount on all space advertising courtest of FEL, based on the current advertising rate card. For the Foundation for For Jason Snow and Economic Liberty, Inc. Resistance Records, Inc. [signature] [signature] Blayne E. Hutzel 3/27/98 Jason Snow March 27 [Transcription note: "Jason Snow" is believed to be George Burdi, of Windsor, Ontario. See http://www.nizkor.org/hweb/people/b/burdi-george]
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