news 8k out on april 5 2018 Item 8.01 Other
Post# of 913
Item 8.01 Other Events.
On March 28, 2018, Bravatek Solutions, Inc. (the “Company”) entered into a Strategic Alliance Agreement with Center for Threat Intelligence, LLC (“Center”), a Washington limited liability company engaged in the business of providing critical threat intelligence training, for the purpose of promoting Center’s relevant capabilities, products and/or service solutions, and pursuant to which Center will cross-promote the Company’s products and services, and the Company will be paid sales commissions in the range of 10%-20% of project revenue for clients introduced by the Company, registered with Center, and delivered through the Company or a Center-designated distribution affiliate or sales channel.
The foregoing description of the agreement and its terms is qualified in its entirety by the full text of the agreement, which is filed as Exhibit 99.1 to, and incorporated by reference in, this report.
source
https://www.sec.gov/Archives/edgar/data/14495...vtk_8k.htm
EX-99.1 2 bvtk_ex991.htm STRATEGIC ALLIANCE AGREEMENT
Strategic Alliance Agreement
This agreement is made and entered into this 28th day of March, 2018 by and between Bravatek Solutions, Inc., a corporation organized under the laws of the State of Colorado, ( “Bravatek”), with an address at 2028 E. Ben White Blvd., Unit #240- 2835, Austin, Texas 78741 and Center for Threat Intelligence, LLC (“COMPANY”), a corporation organized under the laws of Washington, with an address at 11529 NE 107th Place, Kirkland, WA 98033.
Whereas, Bravatek is a corporation, which has technical expertise in security-related software, tools and systems/services (including telecom services) to support, deploy and test its current and potential customers’ most critical initiatives.
Whereas, COMPANY is a limited liability company engaged in the business of providing critical threat intelligence training (“Services”).
Whereas, the parties desire to enter into a business relationship which will designate Bravatek as the project based business partnership channel for governmental and non- governmental departments / agencies / units for the purpose of promoting COMPANY’s relevant capabilities, products and/or service solutions. Now therefore, the parties mutually agree to enter into a strategic alliance under the following terms and conditions:
1) Duties of Bravatek
Bravatek agrees to serve as a non-exclusive project sales lead finder for COMPANY. In this capacity, Bravatek will use its best efforts to provide the following services to COMPANY.
a. Promote, market and introduce the Products to prospective clients in the government space nationwide.
b. Provide a quarterly Pipeline or project information leads report to COMPANY on a monthly basis which contains a 3-month rolling forecast of potential sales.
c. Follow-up on on-going project leads that COMPANY is actively engaged with or believes is appropriate.
d Provide COMPANY with any promotional materials, technical papers, white papers, proposals, etc. prior to publication or delivery to prospective clients.
2) Duties of COMPANY
COMPANY agrees to use its best efforts to promote and support project lead finding and after-sales support of Bravatek by:
a. Listing Bravatek in all appropriate sales and marketing materials as a non-exclusive alliance partner (with focus of government customers)
read in full
https://www.sec.gov/Archives/edgar/data/14495..._ex991.htm