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Document Preview Consulting Engagement Agreement |
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Title: |
Consulting Engagement Agreement |
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Entities: |
Cognigen Networks, Inc.; Combined Telecommunications Consultancy, Ltd. |
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Date: |
2003 |
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Size: |
Preview shows 4KB of 19KB total |
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Price: |
$35 |
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ID: |
#163762 |
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CONSULTING ENGAGEMENT AGREEMENT
The Agreement is made and entered into this 9th day of September 2002, by and
between Cognigen Networks, Inc. ("Client"), a Colorado corporation, having its
principal place of business at 7001 Seaview Avenue, N.W., Suite 210, Seattle,
Washington 99117; and Combined Telecommunications Consultancy, Ltd. ("CTC"), a
Delaware corporation, having its primary business address at 2608 Second Avenue,
#108, Seattle, Washington 98121.
Whereas, Client is an Internet enable telecommunications marketing business and
licensed facilities based carrier, and
Whereas, CTC is in the business of introducing its clients to potential funding
sources, and potential acquisition/merger targets, and is active in assisting
its clients in the negotiations of debt and/or equity funding as well a
providing consulting services as may be required by its clients, and
Whereas, CTC is intimately acquainted with the Client's business plan financing
needs since its inception as a public company, and the Client is very familiar
with CTC's reputation and capabilities in all of the above mentioned areas if
endeavor, and
Whereas, CTC is compensated for its services, other than strictly consulting
services, based upon the schedule of fees set forth herein, and only upon
successful completion of debt and/or equity financing, fulfillment of mergers,
fusions and/or acquisitions, combinations, joint ventures, distribution
agreements or strategic alliances as provided herein. Consulting services, as
described herein, are payable according to the schedule of fees set forth
herein.
NOW THEREFORE, in consideration of the premises, mutual promises, obligations,
representations, and warranties, the parties agree as follows:
Term of Consulting Engagement:
This Agreement will become effective on September 9, 2002, and will continue in
effect for one year, unless earlier terminated pursuant to the terms of this
Agreement. The Client may terminate this Agreement at any time, with or without
cause, effective 15 days after receipt of written notification by certified or
registered mail. The Client's obligations hereunder shall survive termination
under this Agreement.
Services Provided by CTC:
CTC shall introduce the Client to prospective and funding sources, and shall
assist client in assembling and presenting materials for dissemination to
investment and funding sources. At the request of the Client, CTC shall provide
consulting services such as drafting, editing and publishing business plans,
executive summaries, corporate profiles, proposals and memoranda communicating
Client's plans, intentions and proposals to interested third parties. CTC may
also, from time to time, provide other services such as introductions to
companies interested in potential mergers, acquisitions, fusions, combinations,
joint ventures, distribution agreements and strategic alliances. At the request
of the Client CTC shall assist in drafting, editing and disseminating news
releases to print and electronic media.
Relationship of the Parties:
It is the express intention that CTC be an independent contractor and not an
employee, agent, joint venture, or partner of the Client. CTC shall have the
right to commit the Client to any binding agreement, and terms of any
investment, funding, or merger, fusion, acquisition or combination shall be
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