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Document Preview Business Consulting Services Agreement |
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Title: |
Business Consulting Services Agreement |
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Entities: |
D. Bruce Horton; Acquisition Media Inc |
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Date: |
2003 |
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Size: |
Preview shows 3KB of 16KB total |
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Price: |
$34 |
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ID: |
#148576 |
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BUSINESS CONSULTING SERVICES AGREEMENT
THIS BUSINESS CONSULTING SERVICES AGREEMENT ("Agreement") is made and
entered into in duplicate and shall be effective on October 1, 2002
("Effective Date"), by and between ACQUISITION MEDIA, INC.
("Corporation" or "Company"), and D. Bruce Horton ("Consultant") whose
address is 6128 Glendalough Place, Vancouver, British Columbia, V6N 1S6
Canada.
RECITALS
A. It is the desire of the Corporation to engage the services of the
Consultant to consult with the Corporation regarding certain
opportunities available to the Corporation and other relevant
matters relating to the business of the Corporation;
B. Consultant has experience in development stage enterprises and has
developed relationships, which could benefit the Corporation;
C. It is the desire of the Consultant to so consult with the Board of
Directors of the Corporation ("Board") and the officers of the
Corporation concerning those matters;
D. Corporation and Consultant specifically agree that the services
provided by Consultant will not relate to or involve, in any way,
promoting the Corporation's stock, assisting the Corporation in
raising investment funds or any other activities which prevent the
use of a Registration Statement on Form S-8 to register the
compensation provided for under Section 5 of this Agreement;
E. The Consultant is willing to accept such engagement, on the terms
set forth in this Agreement.
NOW, THEREFORE, IN CONSIDERATION OF THE MUTUAL PROMISES, COVENANTS AND
UNDERTAKINGS HEREIN SPECIFIED AND FOR OTHER GOOD AND VALUABLE
CONSIDERATION, THE RECEIPT AND SUFFICIENCY OF WHICH ARE HEREBY
ACKNOWLEDGED, WITH THE INTENT TO BE OBLIGATED LEGALLY AND EQUITABLY,
THE PARTIES AGREE WITH EACH OTHER AS FOLLOWS:
1. Term of Agreement. The respective duties and obligations of the
parties shall commence on the Effective Date and shall continue
until and terminated exactly nine (9) months after the Effective
Date.
2. Consultant's Engagement.
a) The Consultant shall advise and consult with the Company's Board
of Directors and Executive Officers, at reasonable times,
regarding the Company's merger and acquisition strategies,
including the evaluation of targets and restructuring of
transactions;
b) The Consultant shall seek strategic partners to deliver
technical, production and marketing assistance to the Company;
c) Subject to executive and board approval, the Consultant shall
seek to recommend new Executive Officers and/or Board Members,
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