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Independent Contractor Agreement

 

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Title:

Independent Contractor Agreement

Entities:

Access Integrated Technologies Inc.

Date:

2003

Size:

Preview shows 3KB of 11KB total

Price:

$34

ID:

#405261

 

 

► Fee Agreements ► Contractor ► Independent Contractor Agreements
► Services ► Business Services

 

 

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                        INDEPENDENT CONTRACTOR AGREEMENT



Agreement dated this 31st day of July 2003, by and between ACCESS INTEGRATED
TECHNOLOGIES, INC., a corporation organized under the laws of the State of
Delaware (the "Company"), and KEVIN BOOTH ("Booth"), 240 W 73rd, Apt. 1018, New
York, New York 10023.

WHEREAS, Booth was initially hired by the Company as an Executive
Vice-President of Finance pursuant to the Employment Agreement Of Kevin Booth,
dated April 10, 2000; and

WHEREAS, Booth's employment agreement expired on December 31, 2002, at
which time Booth became an employee at-will; and

WHEREAS, the Company seeks to engage Booth as an independent contractor
to provide consulting services to the Company concerning its Initial Public
Offering ("IPO") and the acquisition of Hollywood Software, Inc. ("HSI").

NOW, THEREFORE, in consideration of the mutual promises and covenants
of the parties as herein contained, the parties hereto agree and contract as
follows:

1. Termination of Booth's At-Will Employment. The parties agree
that effective July 5, 2003, Booth's at-will employment with the Company
terminated, by mutual agreement, and the Employment Agreement Of Kevin Booth,
dated April 10, 2000 is of no further force or effect, except for Booth's duties
and obligations under the Confidentiality, Nonsolicitation and Noncompete
Agreement (attached as Exhibit A to the Employment Agreement) as described in
paragraph 8.

2. Services.

a. The Company hereby engages Booth to provide
consulting services concerning the Company's planned IPO and acquisition of HSI.

b. Booth shall provide such consulting services as shall
be reasonably requested by A. Dale Mayo, Gary Loffredo, and/or Brian Pflug
relating to the Company's planned IPO and acquisition of HSI and shall make
himself reasonably available to provide such services for the period from July
5, 2003 through September 30, 2003.

3. Term.

a. This Agreement shall expire on September 30, 2003.
However, the rights and obligations contained in paragraphs 7, 8, and 10 of this
Agreement will survive the expiration of this Agreement.

b. After the expiration of the Agreement, the Company
may at its sole discretion retain Booth's services on a project basis on terms
to be negotiated by the parties for each such project.

{PAGE}

4. Compensation.

a. For the term of this Agreement, Booth will be paid
$9,425.00 for the month of July, $10,500.00 for the month of August and
$10,500.00 for the month of September for all consulting services rendered by
him during the term of this Agreement regardless of the amount of services
actually rendered. Such payment shall be made on the last day of each month

 

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