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Re: Gomberg agreement
----- Original Message -----
From: "Erik Olson" <erik@thekrib.com>
To: <aga-sc@thekrib.com>
Sent: Tuesday, December 11, 2001 11:47 AM
Subject: Re: Gomberg agreement
> On Tue, 11 Dec 2001, David VillaSunscape wrote:
>
> > Here, for posterity, is the agreement between AGA and Dave Gomberg
> >
> >
> > AGREEMENT
> >
> >
> >
> > The purpose of this Agreement (the "Agreement") is to set forth certain
binding agreements between The Aquatic Gardeners Association, Inc.("AGA"), a
Massachusetts corporation, and David Gomberg ("Gomberg") of San Francisco,
California, with respect to a transaction in which AGA proposes to purchase
certain assets of Gomberg (the "Transaction"), subject to the terms and
conditions of this Agreement.
>
> > d. AGA shall pay to Gomberg the sum of two dollars ($2.00) for each
> > copy of PAM delivered by Gomberg under subsection b above, less the
> > issues of PAM given to AGA by Gomberg in accordance with subsection c
> > above.
>
> Woah, how many is that? I thought he printed like 1000-2000 copies of
> each? Did we just agree to give him $10,000 or so?
By the time we get done with getting PAMs for each 3 months of AGA
membership we give his unexpired subscribers there should be around 3,000
PAMs left. I think we will get rid of most of them, at a good profit, via
the bookstore, and we should be able to unload plenty of them at next year's
convention. The treasury of AGA has been pretty much the same since I took
it over -- including a $20,000 CD just sitting there in the bank, not doing
anything for our members.
>
> > 7 Termination. If the transaction contemplated hereby is not
> > completed by December 1, 2001 either party hereto may terminate this
Oops -- we will correct by initials
> ----------------
>
> Uh oh!
>
> - Erik
>
> --
> Erik Olson
> erik at thekrib dot com
>
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