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Title: |
Consulting Agreement |
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Entities: |
Ahmad Alyasin; AuGRID Corp. |
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Date: |
2003 |
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Size: |
Preview shows 3KB of 16KB total |
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Price: |
$36 |
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ID: |
#106935 |
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{SEQUENCE}5
CONSULTING AGREEMENT
THIS CONSULTING AGREEMENT (the "Agreement") is made and entered into effective
the date it is signed by the last to sign as set forth below by and between
AHMAD ALYASIN (the "Consultant") whose principal place of business is, Houston,
Texas and AuGRID Corporation (the "Client") whose principal office address is
2275 E 55th Street - II Floor, Cleveland, Ohio 44103
WHEREAS, Client is engaged in the business of high-tech flat panel devices;
and
WHEREAS, Consultant is in the business of providing services for
corporations in order to expand product lines, markets and product distribution
globally with such companies in need; and
WHEREAS, the Client deems it to be in its best interest to retain
Consultant to render to the Client services as may be needed; and
WHEREAS, Consultant is ready, willing and able to render such consulting
and advisory services to the Client as hereinafter described on the terms and
conditions more fully set forth below, the parties hereby agree:
1. CONSULTING SERVICES. The Client hereby retains the Consultant as an
independent business consultant to the Client, and the Consultant hereby accepts
and agrees to such retention. The Consultant shall render to the Client the
services as set forth in Exhibit "A" attached hereto and by reference
incorporated herein.
It is acknowledged and agreed by the client that Consultant carries no
professional licenses, and is not agreeing to act as a market-maker or render
legal advice, perform accounting services, nor act as an investment advisor or
broker-dealer within the meaning of applicable state and federal securities
laws. It is further acknowledged and agreed by the Client that the services to
be provided to the Client hereunder are presently not contemplated to be
rendered in connection with the offer and sale of Securities to the public in a
capital raising transaction, although Client may request services of Consultant
upon that subject. The Consultant shall not be required to serve Client
exclusively, nor shall Consultant be required to render any specific number of
hours or assign specific personnel to the Client or its projects.
2. INDEPENDENT CONTRACTOR The parties agree that Consultant shall be an
independent contractor in the performance of his duties hereunder. Nothing
contained herein shall be considered as creating an employer-employee
relationship between the parties to this Agreement. The Client shall not make
social security, workers* compensation or unemployment insurance payments on
behalf of Consultant. The parties hereto acknowledge and agree that Consultant
cannot guarantee the results or effectiveness of any of the services rendered or
to be rendered by Consultant hereunder. Rather, Consultant shall conduct his
operations and provide his services in a professional manner and in accordance
with good industry practice. Consultant will use his best efforts but does not
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