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Consultant Agreement / Purchase Agreement

 

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Title:

Consultant Agreement / Purchase Agreement

Entities:

View Systems, Inc.; Liem Nguyen; View Systems Inc

Date:

2003

Size:

Preview shows 2KB of 9KB total

Price:

$31

ID:

#149073

 

 

► Fee Agreements ► Function ► Consulting (Technical);
► Purchase & Sale ► Purchase ► Misc. Purchase Agreements;
► Fee Agreements ► Consultant ► Misc. Consultant Agreements
► Technology ► Software & Programming

 

 

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Consultant Agreement / Purchase Agreement


This Agreement is made effective as of May 24, 2002 by and between:

View Systems, Inc., of Baltimore, MD 21223, and
&
Liem Nguyen


In this Agreement, the party who is contracting to be receiving services shall
be referred to as "View", and the party who will be providing the services
shall be referred to as "Nguyen".

Whereas Nguyen has a background in research and development of electronic
technology products. View desires to have services provided by Nguyen.

Therefore, the parties agree as follows:

1. DESCRIPTION OF SERVICES. Nguyen has been performing and shall perform
the following services for View: Research & Development.

2. PERFORMANCE OF SERVICES. The manner in which the Services are to be
performed and the specific hours to be worked by Nguyen shall be determined by
Nguyen. View will rely on Nguyen to work as many hours as may be reasonably
necessary to fulfill Nguyen's obligations under this Agreement. Nguyen will
report to the CEO during this engagement.

3. PAYMENT. View grants Nguyen 435,000(1) shares of common stock for
performing the above duties and assigning license agreement number (99-LA-
005). View agrees to register(2) the shares for resale, at its expense. This
registration obligation includes View's obligation to (i) use its best efforts
to register or qualify the shares acquired upon exercise of the warrants for
offer or sale under state securities or blue sky laws of such jurisdictions as
Nguyen shall reasonably request and do any and all other acts and things which
may be necessary or advisable to enable Nguyen to consummate the proposed
sale, transfer or other disposition of such securities in any jurisdiction;
and (ii) furnish to Nguyen any prospectus included in any such registration
statement, and all amendments and supplements to such documents, in each case
as soon as available and in such quantities as Nguyen may from time to time

 

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