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Document Preview Consultant Agreement |
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Title: |
Consultant Agreement |
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Entities: |
Liquid Audio, Inc.; Asset Strategies, Inc.; Judith Frank; Liquid Audio Inc |
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Date: |
2003 |
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Size: |
Preview shows 3KB of 14KB total |
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Price: |
$36 |
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ID: |
#149052 |
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CONSULTANT AGREEMENT
AGREEMENT made as of November 25, 2002, between LIQUID AUDIO, INC., a
Delaware corporation (the "Company"), and Asset Strategies, Inc. and its
employee, Judith Frank (the "Consultant").
WHEREAS, the Company desires to benefit from the Consultant's business
acumen and commercial expertise by retaining the Consultant under this
Agreement; and
WHEREAS, the Consultant, in accordance with the terms and provisions
set forth below, desires to be retained by the Company under this Agreement and
to advise and consult with the Company regarding matters relevant to her areas
of expertise.
NOW, THEREFORE, for good and valuable consideration, the receipt and
sufficiency of which is hereby acknowledged, the parties hereto agree as
follows:
ARTICLE I
SERVICES
1.01. Services. The Consultant agrees to advise and consult with the
executive management of the Company on such matters as the Board of Directors or
any committee thereof requests of the Consultant from time to time (the
"Services"). Nothing contained in this Agreement shall prevent the Consultant
from engaging in any business, charitable or personal activities that do not
interfere with her ability to perform the Services.
1.02. Term. This Agreement shall become effective on the date hereof
and shall terminate at the request of the Board of Directors or terminated
earlier pursuant to Section 2.04 hereof at the direction of the Board of
Directors (the "Term").
1.03 Confidential Information. (a) The Consultant shall not, during
and after the Term, without the prior written consent of the Company, directly
or indirectly, use any Confidential Information (as defined below) in any way,
or divulge, disclose or make available or accessible any Confidential
Information to any person, firm, partnership, corporation, trust or any other
entity or third party, other than when required to do so in good faith to
perform the Services under and in accordance with this Agreement or when
required to do so by a lawful order of a court of competent jurisdiction. In
addition, the Consultant shall not create any derivative work or other work
product based on or resulting from any Confidential Information, except in good
faith in order to provide the Services under and in accordance with this
Agreement.
(b) The Consultant shall at all times use her best efforts to safeguard
any Confidential Information in her possession or under her control. In
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