Letter Agreement to Formalize Memorandum of Understanding Between Accredited Solutions, Inc. and Apokar Investment Group, LLC
Accredited Solutions, Inc. and Apokar Investment Group, LLC have agreed that, as of July 1, 2024, all terms and conditions of their prior Memorandum of Understanding (MOU) dated May 21, 2024, are now binding and govern their business relationship. This letter confirms their mutual commitment to the MOU and requires both parties' signatures to become effective. The agreement aims to formalize their previous oral understanding and establish a clear, enforceable contract between the companies.
EXHIBIT 10.1
Accredited Solutions, Inc.
2810 N. Arcadia Court
Palm Springs, California 92262
July 1, 2024
Apokar Investment Group, LLC
9311 Monroe Road, Suite K
Charlotte, North Carolina 28270
Attention: John Wiesehan III
| Re: | Agreement to Formalize Memorandum of Understanding Dated May 21, 2024 (“MOU”) |
Gentlemen:
This letter will serve to memorialize our oral agreement relating to the MOU between our companies. Specifically, it is our agreement that, effective as of July 1, 2024, all of the terms and conditions contained in the MOU shall, for all purposes, become the binding agreement between our companies with respect to the subject matter of the MOU.
Should the foregoing accurately reflect our agreement, please sign below in the space indicated and return a signed copy to us, at which time this letter agreement shall become binding.
We look forward to a mutually beneficial relationship.
Thank you very much.
Sincerely,
/s/ Eduardo Brito
Eduardo Brito
Chief Executive Officer
Accredited Solutions, Inc.
AGREED AND ACCEPTED:
APOKAR INVESTMENT GROUP, LLC
By: /s/ Lanai Norris
Lanai Norris
Managing Partner
Dated: July 1, 2024