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Title: |
Consulting Agreement |
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Date: |
2002 |
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Preview shows 5KB of 17KB total |
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$39 |
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#1563710 |
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7 consulting.txt CONSULTING AGREEMENT
CONSULTING AGREEMENT
THIS CONSULTING AGREEMENT ("Agreement") made this 10th day of September 2001, by
and between eSAFETYWORLD, Inc., a public company whose address is 80 Orville
Drive, Bohemia, New York 11716, hereinafter referred to as the "Consultant," and
The StockGame Company a Nevada corporation, whose principal place of business is
located at 80 Orville Drive, Bohemia, New York 11716, hereinafter referred to as
"Company."
WHEREAS, Consultant has developed expertise and experience in Internet-based
sales and other business applications. It desires to consult with the officers
of the Company, and the administrative staff, and to undertake for the Company
consultation as to the direction of certain functions in said management;
WHEREAS, the Company desires to engage the services of Consultant as an
independent contractor and not as an employee to perform for the Company
consulting services regarding its business operation;
WHEREAS, Consultant and Company were parties to a Consulting Agreement (the
"Prior Consulting Agreement") dated September 27, 2000 and amended on May 31,
2001;
WHEREAS, Consultant and Company rescinded the Prior Consulting Agreement on
September 10, 2001, and simultaneously, Consultant returned 600,000 shares of
the Company's Common Stock, that had been issued to Consultant pursuant to the
Prior Consulting Agreement, to Company; and
WHEREAS, Company hereby acknowledges that Consultant has performed all of its
obligations under the Prior Consulting Agreement as of September 7, 2001 without
consideration being received therefore;
NOW, THEREFORE, it is agreed as follows:
1. Consultation Service. The Company hereby retains Consultant
to perform services in accordance with the terms and conditions of this
Agreement. Consultant will provide Company with advice regarding a variety
of general business, management, planning and e-commerce applications,
including:
o administrative and customer service support;
o assisting in the design, development and hosting of a website;
o accounting and management services support, and
o office space and telephone services,
1
2. Term of Agreement. The respective duties and obligations of the
contracting parties shall be for a period of one year. The contract is renewable
for a one year period on its contract anniversary date at the option of the
Company, provided that John C. Dello-Iacono is president of the Company at the
renewal date. If John C. Dello-Iacono is not President of the Company at the
renewal date, then the extension requires the consent of both parties. The
financial terms of renewal will be identical to the terms set forth in Paragraph
6.
3. Time Devoted by Consultant. It is anticipated that Consultant
will spend the time necessary to perform the services set forth in this
Agreement. Services have already begun.
4. Place Where Services Are Rendered. Consultant will perform
most of the services in accordance with this Agreement at its offices. In
addition, Consultant may perform services by telephone or at other locations
agreed to by the parties.
5. Liability. With regard to the services to be performed by Consultant
pursuant to the terms of this Agreement, Consultant shall not be liable to the
Company, or to anyone who may claim any right due to any relationship with the
Company, for any acts or omissions in the performance of services on the part of
Consultant or on the part of the agents or employees of Consultant, except when
said acts or omissions of Consultant are due to willful misconduct or gross
negligence. The Company shall hold the Consultant free and harmless from any
obligations, costs, claims, judgments, attorneys' fees, and attachments arising
from or growing out of the services rendered to the Company pursuant to the
terms of this Agreement or in any way connected with the rendering of services,
except when the same shall arise due to the willful misconduct or gross
negligence of Consultant and Consultant is adjudged to be guilty of willful
misconduct or gross negligence by a court of competent jurisdiction.
6. Compensation. It is acknowledged that Consultant expended
significant effort to familiarize itself with the Company's operations,
policies, procedures, opportunities, resources, strategic relationships, goals,
and other circumstances relevant to the services provided by and to be provided
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