Artisanal Brands, Inc. – ‘10-K’ for 5/31/96 – EX-10.10

As of:  Tuesday, 9/24/96   ·   For:  5/31/96   ·   Accession #:  945634-96-4   ·   File #:  0-26112

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Annual Report   —   Form 10-K
Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: 10-K        Annual Report                                         20    103K 
 6: EX-10.10    Material Contract                                      2     11K 
 7: EX-10.11    Material Contract                                      4     23K 
 8: EX-10.12    Material Contract                                      4     17K 
 9: EX-10.13    Material Contract                                      5     24K 
 2: EX-10.6     Material Contract                                     10     40K 
 3: EX-10.7     Material Contract                                     14     51K 
 4: EX-10.8     Material Contract                                     13     49K 
 5: EX-10.9     Material Contract                                     13     45K 
18: EX-28.10    Information from a Report Furnished to State           1     10K 
                          Insurance Regulatory Authorities                       
10: EX-28.2     Information from a Report Furnished to State          19     62K 
                          Insurance Regulatory Authorities                       
11: EX-28.3     Information from a Report Furnished to State           2     12K 
                          Insurance Regulatory Authorities                       
12: EX-28.4     Information from a Report Furnished to State           1     10K 
                          Insurance Regulatory Authorities                       
13: EX-28.5     Information from a Report Furnished to State           2±    11K 
                          Insurance Regulatory Authorities                       
14: EX-28.6     Information from a Report Furnished to State           4     19K 
                          Insurance Regulatory Authorities                       
15: EX-28.7     Information from a Report Furnished to State           1     10K 
                          Insurance Regulatory Authorities                       
16: EX-28.8     Information from a Report Furnished to State           2     12K 
                          Insurance Regulatory Authorities                       
17: EX-28.9     Information from a Report Furnished to State           1      9K 
                          Insurance Regulatory Authorities                       

EX-10.10   —   Material Contract

EX-10.10
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Eurasia Capital Management, Inc.                
P. O. Box N-3742                
Nassau, Bahamas                 

August 13, 1996     

Stratford Acquisition Cop.                                                      
5th Floor - 5420 North Service Road                                             
Burlington, Ontario                                                             
Canada L7L 6C7                                                                  

RE:  Eurotech, Ltd. 
                 ("Stratford")/Eurotech, Ltd
        Strategic Alliance

Gentlemen:                                                                      

This letter is intended to confirm our understanding of     
this date whereby Stratford Acquisition Corporation ("Stratford")               
and Eurotech Ltd ("Eurotech"), have agreed to the terms set forth               
below, which such terms, plus any additional terms standard and                 
customary in an agreement of the nature contemplated hereby, will               
be included in a formal agreement to be executed by both parties                
(the "Agreement").                                                              

The Agreement shall contain provisions by which:            

1.   Stratford shall grant Eurotech an exclusive            
license to market its "Novacrete" product Distributorship, as                   
herein before described to Eurotech, in the USSR.  This license                 
fee shall be US$250,000.00, the consideration for which shall be                
payable in the form of 125,000 restricted shares of the common                  
stock of Eurotech, par value $0.0001 per share.                                 

2.   Stratford shall enter into a "distribution             
contract" with Eurotech pursuant to which Eurotech shall receive                
US$250,000.00, the consideration for which shall be payable in                  
the form of 111,111 restricted shares of the common stock of                    
Stratford.                                                                      

3.   The Investment banker in the transaction               
contemplated hereby and to be memorialized in the Agreement shall               
be entitled to receive a fee for his services in free trading                   
shares of the common stock in each of Stratford and Eurotech                    
equal to 20% of the shares being transferred by each party to the               
other.                                                                          

EX-10.10
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If the foregoing accurately sets forth our agreement,       
please so indicate by executing this letter in the space provided               
therefore below and returning the originally executed document to               
the offices of Ruffa & Ruffa, 150 East 58th Street, 35th Floor,                 
New York, New York 10155, at your earliest convenience.                         

Yours very truly,   

       STRATFORD ACQUISITION CORP.

           /s/  Arthur L. Smith, President

Dates Referenced Herein   and   Documents Incorporated by Reference

				Referenced-On Page
This ‘10-K’ Filing		Date		First		Last			Other Filings
Filed on:		9/24/96
		8/13/96		1
For Period End:		5/31/96							8-K,  NT 10-K
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