TEMPUS INC
8-K, 2000-05-11
NON-OPERATING ESTABLISHMENTS
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                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549



                                    FORM 8-K




                                 CURRENT REPORT



                       Pursuant to Section 13 or 15(d) of
                       The Securities Exchange Act of 1934



Date of Report: May 10, 2000


                                  TEMPUS, INC.
                                 --------------
             (Exact name of registrant as specified in its charter)



    Wyoming                    0-114873                     83-0321934
- ---------------                ---------                    ----------
(State or other                (Commission                  (IRS Employer
jurisdiction of                File Number)                 Identification No.)
incorporation)



214 S. Center, Casper, Wyoming      82601
- -----------------------------------------
 (Address of principal executive offices)   (Zip Code)

Registrant's telephone number, including area code: 307-472-3000



<PAGE>


Item 1.  Changes in Control of Registrant

     On May 3, 2000,  WTAA  International,  Inc.  entered into a Share  Purchase
Agreement  with  certain  control  shareholders  of Tempus,  Inc.  in which WTAA
International,  Inc.  is to acquire  for $.02 per share,  630,000  shares out of
1,230,000  shares  outstanding  of  the  Registrant  from  the  certain  control
shareholders for purpose of accomplishing a Merger of WTAA  International,  Inc.
and Tempus,  Inc. A second  stage of purchase of the balance of the  outstanding
shares of Tempus,  Inc. at $.02 per share  shall  occur  within 3 days after the
initial purchase of control. WTAA International, Inc. and Tempus, Inc. intend to
complete a merger with WTAA International, Inc. being the surviving company.

Item 2.  Acquisition or Disposition of Assets

                  None.

Item 3.  Bankruptcy or Receivership

                  None.

Item 4.  Changes in Accountants

                  None.

Item 5.  Other Events

                  None.

Item 6.  Resignation & Appointment of Directors

                  Three  directors  of WTAA  International,  Inc.  will form the
Board  after  the  merger  of the  companies.  The  business  experience  of the
Directors will be disclosed in a subsequent 8-K filing.

Item 7.  Financial Statements Pro Forma Financial & Exhibits

Exhibits:

         10.1     Share Purchase Agreement


<PAGE>



                                   Signatures

         Pursuant to the  requirements  of the Securities  Exchange Act of 1934,
the  registrant  has duly  caused  this report to be signed on its behalf by the
undersigned thereunto duly authorized.

Date:  May 10, 2000                          Tempus, Inc.


                                             By: /s/ William A. Erickson
                                                 --------------------------
                                                 President




                            SHARE PURCHASE AGREEMENT

     This Share Purchase Agreement  ("Agreement"),  dated as of April ____, 2000
among William A. Erickson,  Michael R. Butler, Percy S. Chopping, Jr., Thomas M.
Hockaday,  and  Sharon  K.  Fowler  (collectively,   "Sellers"),   Tempus,  Inc.
("Tempus"),  the Other  Tempus  Shareholders  ("Other  Shareholders"),  and WTAA
International, Inc. ("Buyer"), a Florida Corporation.


                              W I T N E S S E T H:


     A. WHEREAS,  Tempus is a corporation  duly organized  under the laws of the
State of Wyoming.

     B.  WHEREAS,  Buyer wishes to purchase  630,000 of the  outstanding  common
shares of Tempus,  Inc.  free and clear of liens and  encumbrances  from Sellers
(the "Purchase Shares") and 600,000 shares from the Other  Shareholders  ("Other
Shareholders")  who join this  Agreement by execution of the Acceptance and Sale
Addendum attached hereto.

     C. WHEREAS,  the parties intend to  subsequently  merge Tempus,  Inc., as a
wholly-owned subsidiary, with and into the Buyer.

     D. WHEREAS,  prior to the transaction  Buyer is not an affiliate of Tempus,
Inc.

         NOW, THEREFORE, it is agreed among the parties as follows:

                                   ARTICLE I

                                The Consideration

     1.1 Subject to the  conditions  set forth  herein,  Sellers  shall sell and
Buyer  shall  purchase  630,000  shares  of common  stock of  Tempus,  Inc.  The
transactions  contemplated by this Agreement  shall be completed  simultaneously
herewith.  The  purchase  price for the shares to be paid by Buyer to Sellers is
$.01 in cash (the  "Consideration")  per share for which $300 is  herewith  paid
into  escrow with M.A.  Littman.  (Buyer has paid a $5,000  deposit  into escrow
prior to execution hereof.)

         1.2 In  addition,  on or before  three  days  after the  closing of the
purchase  set forth in 1.1 above.  Buyers shall pay $.01 per share to each Other
Shareholder who joins this Agreement by execution of the Addendum hereto,  for a
total of 600,000  shares for which $6,000  shall be  deposited  into escrow with
M.A. Littman for Other Shareholders within three days hereafter.

<PAGE>

                                   ARTICLE II

                              Conveyance of Shares

     2.1 The Purchase Shares shall be delivered and conveyed by Sellers to Buyer
simultaneously  herewith,  with duly executed stock powers,  upon receipt of the
Consideration by Sellers.

     2.2 After closing with Sellers and within three days thereafter,  the Other
Shareholders  who join this  Agreement by execution of the  Acceptance  and Sale
Addendum will convey their shares to Buyer and receive $.01 per share of Tempus,
Inc. sold.

                                   ARTICLE III

     Representations, Warranties and Covenants of Sellers as to Tempus, Inc.

         Sellers and Tempus, Inc. each hereby, jointly and severally, represent,
warrant and covenant to Buyer as follows:

     3.1 Tempus,  Inc. is a corporation duly organized,  validly existing and in
good  standing  under the laws of the State of  Wyoming,  and has the  corporate
power and authority to own or lease its  properties and to carry on its business
as it is now being conducted.  The Articles of Incorporation  and Amendments and
Bylaws of  Tempus,  Inc.,  copies of which  have been  delivered  to Buyer,  are
complete and  accurate,  and the minute books of Tempus,  Inc.,  copies of which
have also been  delivered  to Buyer,  contain a record,  which is  complete  and
accurate in all material respects, of all meetings, and all corporate actions of
the shareholders and Board of Directors of Tempus, Inc.

     3.2 The  authorized  capital stock of Tempus,  Inc.  consists of 50,000,000
shares of common stock.  There are  1,230,000  shares of Common Stock issued and
outstanding.  All such  shares of capital  stock of  Tempus,  Inc.  are  validly
issued,  fully paid and nonassessable.  Tempus, Inc. has no outstanding options,
warrants,  or other rights to purchase,  or  subscribe  to, or other  securities
convertible  into or  exchangeable  for any shares of  capital  stock of Tempus,
Inc., or contracts or arrangements of any kind relating to the issuance, sale or
transfer of any capital stock or other equity securities of Tempus,  Inc. All of
the  outstanding  shares of capital  stock of Tempus,  Inc.  have been  offered,
issued,  sold and  delivered in  compliance  with  applicable  federal and state
securities  laws  and none of such  securities  were,  at the time of  issuance,
subject to preemptive rights.

     3.3 Tempus,  Inc. does not own nor has it ever owned any outstanding shares
of capital stock or other equity  interests of any  partnership,  joint venture,
trust,  corporation,  limited liability company or other entity and there are no
obligations  of Tempus,  Inc. to  repurchase,  redeem or  otherwise  acquire any
capital stock or equity interest of another entity.

     3.4 This Agreement has been duly authorized, validly executed and delivered
on behalf of the Sellers and Tempus,  Inc. and is a valid and binding  agreement
and obligation of the Sellers and Tempus, Inc.  enforceable against each Seller,
jointly and severally,  and against  Tempus,  Inc. in accordance with its terms,

<PAGE>

subject to limitations  on  enforcement  by general  principles of equity and by
bankruptcy  or  other  laws  affecting  the  enforcement  of  creditors'  rights
generally,  and the Sellers and Tempus, Inc. each have complete and unrestricted
power to enter into and, upon the  appropriate  approvals as required by law, to
consummate the transactions contemplated by this Agreement.

     3.5 Neither the making of nor the compliance  with the terms and provisions
of this Agreement and  consummation of the transactions  contemplated  herein by
Tempus,  Inc.  will  conflict  with or result in a breach  or  violation  of the
Articles  of  Incorporation  or  Bylaws  of  Tempus,  Inc.,  or of any  material
provisions of any indenture, mortgage, deed of trust or other material agreement
or  instrument  to which  Tempus,  Inc.  is a party or by which it or any of its
material  properties  or assets are bound,  or of any material  provision of any
law, statute, rule, regulation,  or any existing applicable decree,  judgment or
order by any court, federal or state regulatory body,  administrative agency, or
other  governmental body having  jurisdiction  over Tempus,  Inc., or any of its
material  properties or assets,  or will result in the creation or imposition of
any material lien, charge or encumbrance upon any material property or assets of
Tempus,  Inc.  pursuant to the terms of any  agreement  or  instrument  to which
Tempus, Inc. is a party or by which Tempus, Inc. may be bound or to which any of
Tempus,  Inc.  property is subject and no event has occurred with which lapse of
time or action by a third party could  result in a material  breach or violation
of or default by Tempus, Inc.

     3.6 Except as  disclosed  herein,  and based upon the  representations  and
warranties of the Buyer set forth herein, no authorization,  consent,  approval,
exemption or other action by or notice to any  government  entity or filing with
or consent of any  governmental  body is required  for the sale of the  Purchase
Shares to Buyer pursuant to this Agreement.

     3.7   There  is  no  claim,   legal   action,   arbitration,   governmental
investigation or other legal or administrative proceeding, nor any order, decree
or judgment in progress,  pending or in effect,  or to the best knowledge of the
Sellers threatened  against or relating to Tempus,  Inc. or affecting any of its
assets,  properties,  business or capital stock.  There is no continuing  order,
injunction or decree of any court, arbitrator or governmental authority to which
Tempus,  Inc. is a party or by which  Tempus,  Inc.  or its assets,  properties,
business or capital stock are bound.

     3.8 Tempus, Inc. has accurately  prepared and filed all Federal,  state and
other tax returns required by law, domestic and foreign,  to be filed by it, has
paid or made  provisions  for the  payment of all taxes  shown to be due and all
additional  assessments,  and adequate provisions have been and are reflected in
the financial statements of Tempus, Inc. for all current taxes and other charges
to which  Tempus,  Inc. is subject and which are not  currently due and payable.
None of the Federal income tax returns of Tempus,  Inc. have been audited by the
Internal Revenue Service or other foreign governmental tax agency.  Tempus, Inc.
has no knowledge of any  additional  assessments,  adjustments or contingent tax
liability (whether federal or state) pending or threatened against Tempus,  Inc.
for  any  period,  nor of any  basis  for any  such  assessment,  adjustment  or
contingency.

     3.9 Sellers are the legal, beneficial and registered owners of the Purchase
Shares,  free and clear of any  liens,  charges,  encumbrances,  voting  trusts,
shareholder agreements or rights of any kind granted to any person or entity, or
any  interest  in or the  right to  purchase  or  otherwise  acquire  any of the

<PAGE>

Purchase  Shares from the Sellers at any time upon the  happening  of any stated
event and may transfer such shares without the consent of any third party.  Upon
closing of the  transactions  contemplated  hereby,  the Buyer will  acquire all
right,  title and interest in the Purchase Shares,  free and clear of all liens,
charges or encumbrances  and will have all of Seller's  entire right,  title and
interest in and to the Purchase Shares.  All Purchase Shares owned by Sellers is
set forth hereto on Schedule 3.9.

         3.10 Other  Shareholders  who join this  Agreement  by  Addendum  shall
warrant and  represent  that the shares sold by such  shareholders  are free and
clear of any liens and  encumbrances  and may be transferred  without consent of
any third party.

         3.11 Tempus,  Inc. has delivered to Buyer audited financial  statements
dated December 31, 1999. All such  statements,  herein sometimes called "Tempus,
Inc.  Financial  Statements"  are complete and correct in all material  respects
and, together with the notes to these financial  statements,  present fairly the
financial  position and results of  operations  of Tempus,  Inc. for the periods
indicated.  All  financial  statements  of Tempus,  Inc.  have been  prepared in
accordance with generally accepted accounting principles.

         3.12 As of the date hereof, the total  indebtedness of Tempus,  Inc. is
$0. Tempus,  Inc. and the Sellers hereby,  jointly and severally,  represent and
warrant that all outstanding  indebtedness of Tempus,  Inc. shall have been paid
and released prior to the closing of the transactions  hereby and that there are
no outstanding liens, charges or encumbrances on the assets of Tempus, Inc.

         3.13 Since the dates of the Tempus,  Inc. Financial  Statements,  there
have not  been any  material  adverse  changes  in the  business  or  condition,
financial  or  otherwise,  of  Tempus,  Inc.  Tempus,  Inc.  does  not  have any
liabilities, commitments or obligations, secured or unsecured except as shown on
updated financials (whether accrued,  absolute,  contingent or otherwise).

     3.14 Tempus, Inc. is not a party to any contract performable in the future.

     3.15 The  representations  and  warranties of the Sellers and Tempus,  Inc.
shall be true and correct as of the date hereof.

     3.16 Tempus,  Inc. has delivered to Buyer,  all of its corporate  books and
records for review.

     3.17 Tempus, Inc. has no employee benefit plan in effect at this time.

     3.18 No representation  or warranty by Tempus,  Inc. or the Sellers in this
Agreement,  or any  certificate  delivered  pursuant  hereto contains any untrue
statement of a material  fact or omits to state any material  fact  necessary to
make such representation or warranty not misleading.

     3.19  Sellers or Tempus,  Inc.  have  delivered,  to Buyer true and correct
copies  of a Form  10SB  declared  effective  by  the  Securities  and  Exchange
Commission  ("SEC") and each of its other reports to shareholders filed with the
SEC for the year ended December 31, 1999.  Tempus,  Inc. is a registered company
under the Securities Exchange Act of 1934, as amended.

<PAGE>

     3.20 Tempus, Inc. shall have duly filed all reports required to be filed by
it under the Securities Act of 1933, as amended, and the Securities Exchange Act
of 1934,  as amended (the  "Federal  Securities  Laws") by closing date. No such
reports,  or any reports  sent to the  shareholders  of Tempus,  Inc.  generally
contained any untrue statement of material fact or omitted to state any material
fact required to be stated  therein or necessary to make the  statements in such
report,  in  light  of  the  circumstances  under  which  they  were  made,  not
misleading.

     3.21 The Sellers  have not  received  any general  solicitation  or general
advertising  regarding  the  shares  of  Buyer's  common  stock  comprising  the
Consideration.

     3.22  Tempus,  Inc.  has  conducted  no business to date,  has  incurred no
liabilities and has no contract or open account affiliations whatsoever.

                                   ARTICLE IV

                        Termination of Representation and
               Warranties and Certain Agreements; Indemnification

     4.1 The  respective  representations  and  warranties of the parties hereto
shall survive this  Agreement  for three years and the  covenants  shall survive
hereafter.

     4.2 The right to indemnification, payment of Damages (as defined in section
4.5)  or  other  remedy  based  on any  representation,  warranty,  covenant  or
obligation  of a party  hereunder  shall not be  affected  by any  investigation
conducted  with  respect  to, or any  knowledge  acquired  (or  capable of being
acquired) at any time,  whether  before or after the  execution  and delivery of
this  Agreement,  with respect to the accuracy or  inaccuracy  of or  compliance
with, any such representation, warranty, covenant or obligation.

     4.3 The waiver of any condition to a party's  obligation to consummate  the
transactions  contemplated  hereunder,  where  such  condition  is  based on the
accuracy  of  any  representation  or  warranty,  or on  the  performance  of or
compliance  with any  covenant  or  obligation,  will not  affect  the  right to
indemnification,   payment  of   Damages,   or  other   remedy   based  on  such
representation, warranty, covenant or obligation.

     4.4 Tempus,  Inc. and each of the  Sellers,  jointly and  severally,  shall
indemnify  and  hold  harmless  the  Buyer,  and  each  of its  representatives,
employees, officers, directors, stockholders, controlling persons and affiliates
(collectively,  the "Buyer Indemnified  Persons") for, and will pay to the Buyer
Indemnified  Persons,  the  amount  of,  any  loss,  liability,   claim,  damage
(including,  without limitation,  incidental and consequential  damages),  cost,
expense  (including,   without  limitation,   interest,   penalties,   costs  of
investigation  and defense and the reasonable fees and expenses of attorneys and
other professional  experts) or diminution of value,  whether or not involving a
third-party  claim  (collectively,  "Damages"),  directly or indirectly  arising
from, attributable to or in connection with:

     (a)      any  representation  or  warranty  made by the Sellers and Tempus,
              Inc. in this  agreement or any of the  Sellers'  and Tempus,  Inc.

<PAGE>

              closing  deliveries,  that is, or was at the time  made,  false or
              inaccurate,  or any breach of, or  misrepresentation  with respect
              to, any such representation or warranty; and

     (b)      any breach by any of the Sellers or Tempus,  Inc. of any covenant,
              agreement  or  obligation   of  the  Sellers   contained  in  this
              agreement.

     (c)      any claims or litigation  relating to Tempus,  Inc. now pending or
              threatened or which may hereafter be brought  against Buyer and/or
              Tempus,  Inc. based upon events occurring prior to the date hereof
              and not attributable to the acts of the Buyer.

     (d)      any  and  all  actions,  suits,   proceedings,   claims,  demands,
              assessments,  judgments, costs, losses, liabilities and reasonable
              legal and other expenses incident to any of the foregoing.

     4.5  The  Sellers   and  Tempus,   Inc.   shall  have  no   liability   for
indemnification  with respect to any  representation or warranty,  unless, on or
before the  [third]  anniversary  of the date  hereof,  the Buyer  notifies  the
Sellers of a claim  specifying  the basis  thereof in  reasonable  detail to the
extent then known by the Buyer. A claim with respect to any covenant,  agreement
or obligation  contained in this agreement,  may be made at any time without any
time limitation.

     4.6 Promptly after receipt by an  indemnified  party of written notice (the
"Notice of Claim") of the commencement of any action, suit or proceeding against
it, or written threat thereof,  such indemnified party will, if a claim is to be
made against an indemnifying party under either of said sections, as applicable,
give notice to the indemnifying  party of the commencement of such action,  suit
or proceeding.  The indemnified party shall furnish to the indemnifying party in
reasonable  detail  such  information  as the  indemnified  party  may have with
respect  to  such  indemnification  claims  (including  copies  of any  summons,
complaint  or other  pleading  which may have been  served on it and any written
claim,  demand,  invoice,  billing or other document evidencing or assenting the
same). Subject to the limitations set forth in this section, no failure or delay
by the  indemnified  party in the  performance of the foregoing  shall reduce or
otherwise affect the obligation of the indemnifying  party to indemnify and hold
the  indemnified  party harmless except to the extent that such failure or delay
shall have materially and adversely affected the indemnifying party's ability to
defend against,  settle or satisfy any action,  suit or proceeding the claim for
which the  indemnified  party is  entitled  to  indemnification  hereunder.  The
foregoing  shall not apply to the extent  inconsistent  with the  provisions  of
section 4.8 relating to Proceedings.

     4.7 If the claim or demand  set forth in the  Notice of Claim  given by the
indemnified  party  is a  claim  or  demand  asserted  by  a  third  party,  the
indemnifying  party  shall  have 30 days  after  the Date of  Notice of Claim to
notify the  indemnified  party in writing of its  election  to defend such third
party claim or demand on behalf of the indemnified  party (the "Notice Period");
provided,  however, that the indemnified party is authorized to file any motion,
answer or other pleading which it deems  necessary or appropriate to protect its
interests during the Notice Period.  If the indemnifying  party elects to defend
such third party claim or demand,  the indemnified party shall make available to
the indemnifying party and its agents and  representatives all records and other
materials which are reasonably required in the defense of such third party claim

<PAGE>

or demand and shall  otherwise  cooperate  (at the sole cost and  expense of the
indemnifying  party)  with,  and  assist  (at the sole cost and  expense  of the
indemnifying  party) the indemnifying  party in the defense of, such third party
claim or demand, and so long as the indemnifying  party is diligently  defending
such third  party  claim in good  faith,  the  indemnified  party shall not pay,
settle or compromise such third party claim or demand. If the indemnifying party
elects to defend such third party claim or demand,  the indemnified  party shall
have the right to control the  defense of such third  party claim or demand,  at
the indemnified party's own expense. If the indemnifying party does not elect to
defend  such third  party  claim or demand or does not defend  such third  party
claim or demand in good faith,  the  indemnified  party shall have the right, in
addition to any other right or remedy it may have hereunder at the  indemnifying
party's expense, to defend such third party claim or demand.

     4.8 The term  "Date of Notice of Claim"  shall  mean the date the Notice of
Claim is effective pursuant to section 5.5 of this Agreement.

     4.9 A claim for  indemnification for any matter not involving a third-party
claim  may be  asserted  by notice to the  party  from whom  indemnification  is
sought.

     4.10 Any legal action or proceeding  with respect to this  Agreement or any
matters arising out of or in connection with this Agreement or the  transactions
contemplated  hereby or the  documents  executed  and  delivered  in  connection
herewith,  and any action for enforcement of any judgment in respect thereof may
be brought  in the  courts of the State of New York or of the  United  States of
America for the Southern District of New York, and, by execution and delivery of
this Agreement, the parties each hereby accepts for itself and in respect of its
property,  generally  and  unconditionally,  the  jurisdiction  of the aforesaid
courts and appellate courts thereof.  The parties irrevocably consent to service
of  process  out of any of the  aforementioned  courts  in any  such  action  or
proceeding in accordance  with the notice  provisions  set forth in Section 5.5.
The  parties  each hereby  irrevocably  waive any  objection  that it may now or
hereafter  have to the  laying  of  venue  of any of the  aforesaid  actions  or
proceedings  arising  out  of  or in  connection  with  this  Agreement  or  the
transactions  contemplated  hereby or the  documents  execute and  delivered  in
connection  herewith  brought in the courts referred to above and hereby further
irrevocably  waive and agree, to the extent  permitted by applicable law, not to
plead or claim in any such court that any such action or  proceeding  brought in
any such court has been brought in an inconvenient  forum.  Nothing herein shall
affect  the  right of any  party  hereto to serve  process  in any other  manner
permitted by law.


                                   ARTICLE V

                              Procedure for Closing

         5.1 At the Closing Date,  the purchase and sale shall be effective with
common stock  certificates  of Tempus,  Inc.  being  delivered duly executed for
630,000  shares of common  stock to Buyer and the  delivery of $.01 per share to
Sellers from Buyer (from the Escrow with M.A. Littman), together with deliver of
all other agreements,  schedules,  warranties,  and representations set forth in
this Agreement.

<PAGE>

         5.2  Subsequently,  the purchase and sale of 600,000  shares of Tempus,
Inc.  common  stock from the Other  Shareholders  shall occur upon tender of the
Acceptance  and Sale Addendum  executed by such Other  Shareholders  at $.01 per
share.

                                   ARTICLE VI

                           Conditions Precedent to the
                          Consummation of the Purchase

         The  following  are  conditions  precedent to the  consummation  of the
Agreement on or before the Closing Date:

         6.1  SELLERS  shall  have  performed  and  complied  with  all of their
respective  obligations  hereunder which are to be complied with or performed on
or before the Closing Date and SELLERS and Tempus,  Inc. and BUYER shall provide
one another at the Closing with a certificate  to the effect that such party has
performed each of the acts and undertakings required to be performed by it on or
before the Closing Date pursuant to the terms of this Agreement.

         6.2 No action,  suit or proceeding  shall have been instituted or shall
have  been  threatened  before  any court or other  governmental  body or by any
public authority to restrain,  enjoin or prohibit the transactions  contemplated
herein,  or which might subject any of the parties hereto or their  directors or
officers to any material liability,  fine,  forfeiture or penalty on the grounds
that the transactions contemplated hereby, the parties hereto or their directors
or officers,  have violated any  applicable  law or regulation or have otherwise
acted improperly in connection with the transactions  contemplated  hereby,  and
the parties  hereto have been  advised by counsel  that,  in the opinion of such
counsel,  such action, suit or proceeding raises substantial questions of law or
fact which could  reasonably  be decided  adversely  to any party  hereto or its
directors or officers.

         6.3 All actions,  proceedings,  instruments  and documents  required to
carry out this Agreement and the transactions  contemplated  hereby and the form
and  substance  of all legal  proceedings  and related  matters  shall have been
approved by counsel for BUYER.

         6.4 The  representations  and  warranties  made by BUYER and SELLERS in
this Agreement shall be true as though such  representations  and warranties had
been made or given on and as of the Closing Date, except to the extent that such
representations  and  warranties  may be  untrue on and as of the  Closing  Date
because of (1) changes caused by  transactions  suggested or approved in writing
by BUYER or (2)  events or changes  (which  shall not,  in the  aggregate,  have
materially and adversely affected the business,  assets, or financial  condition
of Tempus, Inc. during or arising after the date of this Agreement.)

         6.5 All  outstanding  liabilities of Tempus,  Inc. shall have been paid
and released prior to closing.

<PAGE>

         6.6 No change in the management or directors nor exercise of control of
Tempus,  Inc.  may  occur  until 1.1 and 2.2 and 5.2 have  been  completed  with
deliver of all shares of  outstanding  Tempus,  Inc.  to Buyer and  delivery  of
purchase price to the Other Shareholders.


                                   ARTICLE VII

                                  Miscellaneous

         7.1 This Agreement  embodies the entire agreement  between the parties,
and there have been and are no agreements,  representations  or warranties among
the parties other than those set forth herein or those provided for herein.

         7.2 To  facilitate  the  execution  of this  Agreement,  any  number of
counterparts  hereof may be executed,  and each such counterpart shall be deemed
to  be  an  original  instrument,  but  all  such  counterparts  together  shall
constitute but one instrument.

         7.3 All parties to this Agreement agree that if it becomes necessary or
desirable to execute further instruments or to make such other assurances as are
deemed  necessary,  the party  requested  to do so will use its best  efforts to
provide such executed  instruments or do all things necessary or proper to carry
out the purpose of this Agreement.

         7.4 This Agreement may not be amended except by written consent of both
parties.

         7.5  Any  notices,   requests,  or  other  communications  required  or
permitted  hereunder shall be delivered  personally or sent by overnight courier
service, prepaid, addressed as follows:

To Sellers:       c/o M.A. Littman
                  10200 W. 44th Avenue, Suite 400
                  Wheat Ridge, CO  80033

To:               WTAA International, Inc.
                  1027 S. Rainbow Blvd., Unit 391
                  Las Vegas, NV  89145


Copy to:



or such other  addresses as shall be furnished in writing by any party,  and any
such notice or  communication  shall be deemed to have been given as of the date
received.

         7.6 No press release or public statement will be issued relating to the
transactions  contemplated by this Agreement without prior approval of Buyer and
Sellers.  However, Tempus, Inc. may issue at any time any press release or other
public  statement  it believes on the advice of its counsel it is  obligated  to

<PAGE>

issue to avoid liability  under the law relating to  disclosures,  but the party
issuing such press release or public statement shall make a reasonable effort to
give the other party prior  notice of and  opportunity  to  participate  in such
release or statement.

         7.7 This Agreement may be executed in two or more counterparts, each of
which shall be deemed an original but all of which shall be  considered  one and
the same agreement. This Agreement may be executed by facsimile signatures.

         7.8 This  Agreement  shall be governed by and  construed in  accordance
with  and  enforced  under  the  laws of the  state  of  Wyoming  applicable  to
agreements made and to be performed entirely in that state.

         IN WITNESS WHEREOF, the parties have executed this Agreement this _____
day of April.

                                            SELLERS:



                                            -------------------------------
                                            William A. Erickson



                                            -------------------------------
                                            Percy S. Chopping, Jr.



                                            -------------------------------
                                            Thomas M. Hockaday



                                            -------------------------------
                                            Sharon K. Fowler



                                            -------------------------------
                                            Michael R. Butler





<PAGE>





                                  Schedule 3.9

         Sellers                                        Purchase Shares Owned
         -------                                        ---------------------

William A. Erickson                                         170,000

Michael R. Butler                                           170,000

Percy S. Chopping, Jr.                                      170,000

Thomas M. Hockaday                                           60,000

Sharon K. Fowler                                             60,000




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