It looks like today is the day we will reach our minimum goal on WeFunder! $50,000! This is a pretty big deal because when I started the campaign, I vowed not to start doing any advertising until we reach the minimum goal. Now with the help of our lead investor, Mark Nelson, we will start letting folks know about this opportunity.

That said, today also marks an even bigger accomplishment…

I would like you to meet Walt O'Dare. Walt was one of the earliest investors and has spent the last couple years getting to know us here at Rhino Hide. He owns a large construction company called Trilogy construction and is currently gearing up to be our very first Certified Installer, with offices all over the United States. Over the next couple years, we hope to bring on hundreds of Installers like Trilogy, who will help drive sales and offer top-notch customer service in every corner of the US. Walt is also planning to build our headquarters building. Walt ODare and Trilogy Construction are a perfect partner for Rhino Hide and will help make it possible for our company to reach all of our goals.

Please take a minute and read the below Letter of Intent from Walt. It is really quite exciting!

Walt O’Dare-CEO

Resistance Products Corporation/Trilogy Construction

Corporate Office

September 28, 2020

Jason Giddings

President/Founder

Rhino Hide, Bulletproof Wall Filler

273 Birch Banks

Sagle, Idaho 83860

Dear Jason Giddings:

This Letter of Intent is drafted to discuss the interest and benefits of collaboration between Walt O’Dare-CEO and Jason Giddings-President-Rhino Hide, regarding the development, testing, and acquisition of Rhino Hide Bulletproof Wall Filler. This letter shall be executed to summarize the discussions and interest between parties to date.

Transaction

RPC/Trilogy Construction intends to purchase from Rhino Hide installation equipment and products of Rhino Hide Bulletproof Wall Filler for various applications ranging from IIIA to Level IV. Overall purchase quantities are expected to be between 1,000,000 and 1,500,000 gallons, based on the expected need to sustain our 3 distribution centers and installation offices already located in 7 states throughout the Southeast and Midwest.

In anticipation of Rhino Hide formula becoming available in near future, Trilogy Construction has undergone a rapid and aggressive expansion. Our sales and marketing team has plotted and projected 36 additional locations over the next 3 years. Resistance Products Corporation has set aside a vast amount of inventory space, and capital in preperation of inventory.

A tentative agreement has been reached between parties on the acquisition of property along with the conceptual design and build of the future Rhino Hide corporate manufacturing facility. This project is expected to start within the next 18-24 months with acquisition of a premium industrial site, and breaking ground. Projections of a fully operational completion of the facility in 36-42 months. The facility concept design from Mr. Giddings presents a strong, sleek, yet simple design that will generate a powerful presence for the Rhino Hide brand.

Terms

Outlined in this letter are the terms and conditions including but not limited to other representations, warranties, and conditions as agreed upon by participating parties. The parties shall thereby agree that it is to their best interest to bring the Transaction to fruition, and thus negotiate their future Sales Agreement in good faith.

PURCHASE PRICE: A tentative purchase price for the transaction has been discussed and agreeable. Hard​ purchase price shall be agreed upon and finalized in the Sales Agreement.

DELIVERY OF PRODUCTS: Seller shall ship or deliver the purchased products to the Buyer at the Buyer’s​expense to its OKC distribution facility. Title to said products, as well as the Risk of Loss shall pass to the Buyer upon delivery of shipment.

WARRANTIES: Warranties shall be determined as part of the Sales Agreement.​

EXPENSES: Each of the Parties shall be made responsible for their own costs and expenses associated​ with the sales, negotiation, and execution of this Letter of Intent, as well as the terms outlined in any future Sales Agreement.

TERMINATION: This Letter of Intent shall be automatically terminated upon the earliest commencement​ of any of the following:

• Execution of a Sales Agreement
• Mutual written agreement between the Buyer and the Seller
• One-year lapse of time from the date of this Letter of Intent

GOVERNING LAWS: This Letter, as well as all the other matters connected herein, shall be governed by,​ and constructed in accordance to the laws of the State of Tennessee (Corporate office location), and shall not conflict with existing laws and principles. Sections in conflict with existing laws shall not be considered enforceable.

NON-BINDING AGREEMENT:​ This letter shall be considered as a reflection of the Parties intended transaction. Neither this letter nor its acceptance shall be constituted to create a legally binding or enforceable contract for either the Buyer or the Seller, with exception of the provisions regarding Expenses, Termination, as well as the Governing Law.

Neither agreement nor obligation regarding the Transaction shall be deemed existing between Parties and any of their respective affiliates, unless the corresponding Sales Agreement shall have been executed and delivered. Such terms shall only be acted upon in accordance with the terms and conditions as stated in such Sales Agreement.

MISCELLANEOUS:​ This Letter of Intent contains in its entirety the understanding between both parties and supersedes all previous agreements, if any. This letter may only be amended, supplemented, or otherwise modified in writing and only when signed by both Parties or their duly authorized representatives. Both parties may execute this Letter in counterparts; however, each part shall be deemed an original and shall all together constitute a single, enforceable document until its termination, or until superseded by the Sales Agreement.

Sincerely,

Walt V. O’Dare

Walt O’Dare-CEO

Resistance Products Corporation/Trilogy Construction

Jason Giddings

Rhino Hide