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Nick Diaz Files Breach Of Contract Against EliteXC

Item ID#:1515605Location:
Unlisted
Seller ID#:204792 Views:
962
Price:$UnspecifiedExpires:expired

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Nick Diaz has officially and formally filed a breach of contract suit
against his former employer, EliteXC, following the company going belly
up: Attn: Jeremy LappenRe: Notice of Breach - Unarmed Combatant Promotional Agreement between Nick Diaz and EliteXC Live, Inc.Dear Sir:Pursuant
to Article 43 of the Unarmed Combatant Promotional Agreement between
Nick Diaz and EliteXC Live, Inc. (“Agreement”), Nick Diaz hereby
provides written notice of material breach of the Agreement. It has
come to the attention of Mr. Diaz that EliteXC Live Inc. has declared
the intent to file for bankruptcy and is no longer able to fulfill its
obligations under the contract and has breached its representations and
warranties pursuant to Article 47 of the Agreement.Pursuant to
Article 43 of the Agreement, EliteXC Live Inc. has thirty (30) days to
cure such material breach by posting a bond or other form of escrow in
such an amount as set forth in the Agreement that must be payable to
Mr. Diaz upon completion of each contemplated Bout set forth in the
Agreement and any extensions thereof, and, specifically to evidence
EliteXC Live Inc.’s ability to fulfill its obligations under Article
47. If EliteXC Live Inc. fails to cure such material breach in the
manner set forth above within thirty (30) days of receipt this written
notice, then in Accordance with Article 43, the Agreement and any
extensions thereof will be terminated.Respectfully,NICK DIAZ
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8/29/2015 9:17:56 PM UTC