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Agreement for Consulting Services

 

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Title:

Agreement for Consulting Services

Entities:

OrganiTECH USA Inc.

Date:

2001

Size:

Preview shows 3KB of 10KB total

Price:

$37

ID:

#426605

 

 

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                        AGREEMENT FOR CONSULTING SERVICES



THIS CONSULTING AGREEMENT is entered into and effective as of OCTOBER
5, 2000 by and between EREZ GOLDMAN referred to as the "Consultant" whose
address is P.O. Box 212, Nesher 36601, Israel, and INCUBATE THIS!, a Colorado
Corporation referred to as the "Company" having an agent office at 265 Sunrise
Avenue, Suite 204, Palm Beach, FL 33480.

Whereas, the Company desires to engage the services of Consultant to
provide consulting services related to the identification, engagement,
introduction, and facilitation of potential acquisition and investment
opportunities for the Company;

Whereas, Consultant desires to perform such services on behalf of the
Company; and

Whereas, the parties desire to set forth the terms and conditions of
such consulting arrangement:

Now therefore, in consideration of the mutual promises contained herein and
intending to be legally bound hereby, the parties agree as follows:

1. Retain CONSULTANT as representative for the identification,
engagement, introduction, and facilitation of potential investment opportunities
of privately and publicly held companies. Incubate hereby retains CONSULTANT to
serve as a representative for herein said services during the term of this
contract.

2. Duties. CONSULTANT shall perform those functions generally
performed by persons of such title and position, shall perform any and all
related duties and shall have any and all powers as may be prescribed by Company
management, and shall be available to confer and consult with and advise the
officers and directors of Incubate at such times that may be required by
Incubate.

3. Expenses. CONSULTANT shall submit to Incubate reasonably
detailed receipts with respect thereto which substantiate GOLDMAN's expenses,
including telephone and press release expenses, and Incubate shall reimburse
GOLDMAN for all reasonable documented expenses.

4. Termination: Notwithstanding the foregoing, this Agreement may
be terminated by the Company:

a. Termination by Incubate

(i) Incubate may terminate this Agreement immediately for
Cause. For purposes hereof, "Cause" shall mean (A) the conviction of CONSULTANT
for the commission of a felony against the Incubate; and/or (B) the habitual
abuse of alcohol or controlled substances. In no event shall alleged

 

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