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HomeMy WebLinkAbout0415 ~ . Page one ~~~y`~ ~ ~s~8 FORT PIERCE OFFICE TELEPHONE (305) a3~X ~7,5- • MAGNETIC S1GNS - FORT PIERCE, FL.A. 33450 RESIDENCE 461-6374 HUMER E. BRYAN Agreement betxeen: Paul Goodner~ Jr.: Homer Sryan: Joyrce ~yan Iuster : ti+de~ the above~ agree to operatr:~ rnainta.~n~ an~l service th~ business~ ~ to be kno::n as "~ryan ~hterprises", not incoa•por~ ted, of producing M~;n_tic. Si~s and related sneci alt~t items. Net profits shall be share~= try the a:.;ove named n~rties at the rate ; of thirty-three and one third ;~ercent(33 1/3 each~ quarter~y, beginning zrS.th the Iast quarter o!' 1973 (Oct. ~ Nov. ~ Dec. )~rith the last ~ate of the month in the quartF:r as c? osi.ng date. ~ vidends to be shared ~?*ithin ten(10) da~s of the Q~13~'tP2"~~T clos?ng dat,e. Sums of Inve~t,r~ent are as follows : ~ Paul Goodner~ Jr. .iLOc)O.CI~ homer E. ~yan 250.00 - Joyce ~-yan Luster 250.0(~ - Total cash investment • r.0~ . - Homer E. ~yan shaZ? be in charge of Sales and Production. Joy~ce Bryan Luster sha1Z be ~ charge of Offi ce ?~~inagement and assist in Production. Paul Goodn~r~ Jr., as a Good~rill ambassador and Sales :tepresentative. A bank of :~0{~.QG shall be sFt up as Pe+ty Cash ~om the ori~nal investment. Starting equioment and stock sha? ~ t~e p~irchased ~om the original investment. Al? m~natarr t,ransact~ons ~,r~? be by receipted cash or bank drafts. - Homer ~yan and Jov+ce ~yan Lust,er sh~i be entitled to a weekly ~ cash dra~r against their stiare oF the net quarter~y earnin~s. Paul Goodn~r~ Jr. resernes thi.s r~ht. ~?e rnay choose to draK weel~ly on - the same basis as the other trro(2) nart~es or in a?umn sum at the enc of each quarter. '?'he condi+~ on.~ of +.hA ~~aekly draw against net quart,erly earnings are as folloirss - h'o m~re than S~cty-five (h5) bercent of ~ross xeekly s31,es. Records shall be kept of a7_1 sa?es~ eamenditurPs, and correspondenc~. A statement of conditions of this Fhtea-~rise shall be .^.v3de ti,ri.tt~.in thirty ~ days(30) fol?o~.ng the close o~' each ~uarter. ~ _ ~ dt'ur ~~t~ t'A%[ ~~•J - _ . . ~ . . . . - -