Preview | Consulting Agreement | Brannon Capital Corp.; Universal Tanning Ventures Inc.

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Consulting Agreement

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Title:

Consulting Agreement

Entities:

Brannon Capital Corp.; Universal Tanning Ventures Inc.

Date:

2003

Size:

Preview shows 2KB of 18KB total

Price:

$34

ID:

#107067

► Fee Agreements ► Consulting Agreements;
► Fee Agreements ► Function ► Consulting (Management);
► Fee Agreements ► Function ► Consulting (Strategic Planning);
► Fee Agreements ► Function ► Consulting (Recruiting)

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                              CONSULTING AGREEMENT



     Consulting Agreement dated as of March 1, 2002, by and between Universal

Tanning Ventures Inc., a Delaware corporation with offices 600 B. Altamonte

Drive, unit 1050 Altamonte Springs, Florida 32701 (the "Company") and Brannon

Capital Corp., a Delaware corporation with offices at 1025 Greenwood Blvd.,

Suite 121, Lake Mary, Florida 32746 (the "Consultant").



                              W I T N E S S E T H:



     The Company desires to engage the services of the Consultant for purposes

of general corporate counseling and advice and more specifically for those

services set forth on Schedule A (collectively, the "Counseling Services").



     Consultant desires to perform Consulting Services on behalf of the Company

and desires to be engaged and retained by the Company for such purposes.



     Accordingly, in consideration of the recitals, promises and conditions in

this Agreement, the Consultant and the Company agree as follows:



     1.   Consulting Services. The Company hereby retains the Consultant, and

the Consultant accepts such retention all on the terms and conditions herein

contained.



     2.   Term.



          (a)  The initial term (the "Initial Term") of this Consulting

     Agreement shall be for a twelve-month period commencing on the date hereof.



          (b)  Notwithstanding paragraph 2(a), this Agreement may be terminated

     by either party prior to the expiration of the Initial Term as follows:



               (i)    Upon failure of the other party to cure a material

          default under, or a breach of, this Agreement (including, but not

          limited to, the Company's obligations under Section 5 hereof) within 5

          days after written notice is given as to such breach by the

          terminating party;



               (ii)   Upon the bankruptcy or liquidation of the other party,

          whether voluntary or involuntary;



               (iii)  Upon the other party taking the benefit of any insolvency

          law; and/or



               (iv)   Upon the other party having or applying for a receiver

          appointed for all or a substantial part of such party's assets or

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