EXHIBIT 6
Agreement between Management and the Company
44
AGREEMENT
4 Brandon - I, Inc., a Florida corporation and Michael T. Williams, individually and as president, treasurer and director of 4 Brandon - I do hereby agree as follows:
o Other than the $60,000 in accrued salary to our president, no
compensation will be paid or due or owing to any officer or director
until after a business combination is closed. Any such compensation paid
must be in accordance with this agreement.
o Present management may loan us up to $50,000, which is not
repayable.
o Management will not actively negotiate or otherwise consent to the
purchase of any portion of their common stock as a condition to or for a
proposed business combination unless such a purchase is requested by an
acquisition candidate as a condition to a merger or acquisition.
o We have not incurred and do not intend to incur in the future any debt
from anyone other than management for our organizational activities.
Debt to management will not be repaid.
o We prohibit transactions with or payment of anything of value to any
present officers, director, promoter or affiliate or associate or any
company that is in any way or in any amount beneficially owned by any of
our officers, director, promoter or affiliate or associate, except as
follows:
o Williams Law Group, P.A. will provide but will not be paid
anything by us for legal services.
o We owe our president, Michael T. Williams, $60,000 in salary. The
acquisition candidate must agree to pay this debt in the
acquisition agreement.
o Conflicts with other blank check companies with which members of
management a ...
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