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Financial Consulting Services Agreement

 

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Title:

Financial Consulting Services Agreement

Entities:

Go Online Networks Corp.; Blaine Riley

Date:

2000

Size:

7KB total

Price:

$38

ID:

#280074

 

 

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                     FINANCIAL CONSULTING SERVICES AGREEMENT

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

This Financial Consulting Services Agreement (the "Agreement") is entered
this 24th day of Aug, 2000 by and between Blaine Riley ("Consultant"), an
individual, and Go Online Networks Corp. (OTC BB:GONT) ("Client"), a Delaware
corporation, with reference to the following:

RECITALS

A. The Client desires to be assured of the association and services of
the Consultant in order to avail itself of the Consultant's experience, skills,
abilities, knowledge, and background to facilitate long range strategic
planning, and to advise the Client in business and/or financial matters and is
therefore willing to engage the Consultant upon the terms and conditions set
forth herein.

B. The Consultant agrees to be engaged and retained by the Client and upon
the terms and conditions set forth herein.

NOW, THEREFORE, in consideration of the foregoing, of the mutual promises
hereinafter set forth and for other good and valuable consideration, the receipt
and sufficiency of which are hereby acknowledged, the parties hereto agree as
follows:

1. Engagement. Client hereby engages Consultant on a non-exclusive
----------
basis, and
Consultant hereby accepts the engagement to become a financial consultant to the
Client and to render such advice, consultation, information, and services to the
Directors and/or Officers of the Client regarding general financial and business
matters including, but not limited to:

A. Mergers and acquisitions;
B. Due diligence studies, reorganizations, divestitutures;
C. Capital structures, banking methods and systems;
D. Periodic reporting as to developments concerning the general financial
markets and public securities markets and industry which may be relevant or of
interest or concern to the Client or the Client's business;
E. Guidance and assistance in available alternatives for accounts receivable
financing and other asset financing.

It shall be expressly understood that Consultant shall have no power to
bind Client to any contract or obligation or to transact any business in
Client's name or on behalf of Client in any manner.

2. Term. The term ("Term") of this Agreement shall commence on the
----
date hereof and continue for twelve (12) months. The Agreement may be extended
upon agreement by both parties, unless or until the Agreement is terminated.
Either party may cancel this Agreement upon five days written notice in the
event either party violates any material provision of this Agreement and fails
to cure such violation within five (5) days of written notification of such

 

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