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Consulting Agreement

 

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Title:

Consulting Agreement

Entities:

Signature Eyewear Inc

Date:

2003

Size:

Preview shows 3KB of 10KB total

Price:

$41

ID:

#1583319

 

 

► Fee Agreements ► Consulting Agreements

 

 

Start of Preview


                              CONSULTING AGREEMENT

--------------------

This Consulting Agreement (the "Agreement") is made and entered into as of
the 21st day of April, 2003, by and between Signature Eyewear, Inc., a
California corporation (the "Company"), and Dartmouth Commerce of Manhattan,
Inc., a California corporation ("Consultant"), with reference to the following
facts and objectives:

(i) In connection with the acquisition by Consultant of a principal
minority ownership interest in the Company, and the restructuring of the
management and debt of the Company, the Company desires to obtain the services
of Consultant described herein, and Consultant desires to provide such services,
on the terms and conditions set forth herein.

NOW, THEREFORE, the parties agree as follows:

1. Engagement. The Company hereby engages Consultant, and Consultant hereby
accepts such engagement, to perform the consulting services described herein.

2. Term. The term of this Agreement shall be a period of three (3) years,
commencing on the date hereof and continuing until March 31, 2005.

3. Consulting Services. Consultant shall provide the Company with general
business advice and assistance in connection with the reorganization of its
management and debt, together with assistance in connection with the Company's
continuing restructuring and growth opportunities. Consultant shall use its
commercially reasonable best efforts to provide the personal services of Richard
Torre to provide the consulting services required hereby. If Consultant is
unable to provide the services of Richard Torre, the Company shall have the
right to accept or reject any individual substituted by Consultant to provide
its services hereunder, in the Company's sole and absolute discretion.

4. Time and Place of Consulting Services. Consultant shall make the
services of Mr. Torre available from time to time during regular business hours
or otherwise, as and when reasonably requested by the Company. Consultant shall
not be required to devote a minimum number of hours to the affairs of the
Company; provided, however, that Consultant shall devote such productive
energies, abilities, and time as reasonably are required to perform its duties
hereunder. The Company shall use its reasonable best effort to appoint Mr. Torre
as Chairman of its Board of Directors for the

 

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