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Document Preview Independent Contractor Agreement |
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Title: |
Independent Contractor Agreement |
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Date: |
2006 |
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Preview shows 6KB of 28KB total |
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$44 |
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ID: |
#1291697 |
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INDEPENDENT CONTRACTOR AGREEMENT
THIS AGREEMENT made, entered into and effective as of May 1, 2005.
BY AND BETWEEN:
First Source Data Inc. a company duly incorporated under the laws of the State of Nevada (the "Company")
AND:
Anoma Alwis of 609-1530 Victoria Avenue, North York, Ontario, Canada, M1L 4R9 (the "Consultant")
NOW THEREFORE IN CONSIDERATION of the mutual covenants and agreements hereinafter contained and for other good and valuable consideration (the receipt and sufficiency of which is acknowledged by each party), the parties agree as follows:
ARTICLE 1: SERVICES AND PAYMENT
1.1. The Company engages the Consultant as an independent contractor to provide services described in Schedule A attached hereto (the Services), and the Consultant agrees to perform such Services.
1.2. The Company will pay to the Consultant the fees indicated in Schedule A (the Fees), in full payment and reimbursement for providing the Services and for necessary expenses incurred in connection therewith, in the manner and at the times set out in Schedule A attached hereto, and the Consultant will accept such fees and expenses as full payment and reimbursement as aforesaid.
ARTICLE 2: TERM AND TERMINATION
2.1. The term of this Agreement shall commence on the date set forth on the first page, and terminate on the 30th day of April, 2006, unless terminated prior to that date pursuant to this Article 2 (the Term).
2.2. Notwithstanding any other provision of this Agreement, this Agreement may be terminated by either party giving, at any time, and for any reason, thirty (30) days prior written notice of termination to the other party, and if this Agreement is so terminated the Company will be under
Independent Contractor Agreement
Page 1 of 11
no further obligation to the Consultant except to pay to the Consultant such fees and expenses as the Consultant may be entitled to receive for Services provided to the date this Agreement is so terminated.
2.3. Notwithstanding any other provision of this Agreement, if:
(a) the Consultant fails to comply with any provision of this Agreement; or
(b) any representation or warranty made by the Consultant in this Agreement is untrue or incorrect; or
(c) the Consultant breaches any covenant in this Agreement,
then, and in addition, to any other remedy or remedies available to the Company, the Company may, at its sole discretion and option, terminate this Agreement immediately upon written notice of termination to the Consultant, and if such option is exercised, the Company will not be under any further obligation to the Consultant except to pay to the Consultant such fees and expenses as the Consultant may be entitled to receive for Services provided to the date this Agreement is so terminated.
2.4. Notwithstanding any other provisions of this Agreement, the provisions of Articles 3.3, 3.4, 4.3, 6.2, 6.3, 6.4, 7.3, 8.1, 8.2, 8.3, and 11 of this Agreement and all obligations of each party that have accrued before the effective date of termination of this Agreement that are of a continuing nature will survive termination or expiration of this Agreement.
ARTICLE 3: INDEPENDENT CONTRACTOR
3.1. The Consultant will be an independent contractor and not the servant, employee or agent of the Company, it being recognized, however, that to the extent the provisions of this Agreement result in the creation of an agency relationship to allow the Consultant to perform certain of the Services on behalf of the Company, then the Consultant will, in that context, be the agent of the Company, as the case may be.
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