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| 14 May 2016 11:43 PM |
The Department of Commerce BUSINESS CONTRACT with ABC News.
ABC News, and all of its subsidiaries have legal authorization to operate within the United States. Any company that runs as an independent company running under the Department of Commerce that is absorbed to operate as a subsidiary of ABC News will have its independent contract terminated.
ABC News will allow 1 Board Member or Associate, from the Department of Commerce, into the company as a representative from the Department of Commerce. This person will hold no authority in running the company, but will be where monthly business reports are sent. These reports should contain: how many deals were made that month, changes in executive command, merges, requests to alterations of the contract between the Department of Commerce and ABC News.
This Agreement shall be binding upon and inure to the benefit of the parties hereto and their respective heirs, successors and permitted assigns.
This Agreement shall not be assignable or otherwise transferable by any party hereto without the prior written consent of the other parties hereto, and any purported assignment or other transfer without such consent shall be void and unenforceable.
No amendment, modification or discharge of this Agreement, and no waiver hereunder, shall be valid or binding unless set forth in writing and duly executed by the party against whom enforcement of the amendment, modification, discharge or waiver is sought, provided that no amendment, modification, discharge of this Agreement, and no waiver hereunder, shall be valid and binding against the Purchaser unless set forth in writing and duly executed by both the Purchaser and the Department of Commerce. All previous contracts between the United States Department of Commerce, and the ABC News are hereto and by voided, nullified, and terminated by the signing of both parties, at the time. By the passing of the contract, the Department of Commerce recognizes this document as the lone and only document upholding any law and jurisdiction upon ABC News.
The Department of Commerce may revoke this contract at anytime if we shutdown,become inactive or go under 20 members.
President Chandler |
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| 14 May 2016 11:44 PM |
| Signed, Chandler010 President of ABC |
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