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Advisory Board Agreement

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Title:

Advisory Board Agreement

Entities:

OrganiTECH USA Inc.

Date:

2000

Size:

Preview shows 2KB of 9KB total

Price:

$32

ID:

#426624

► Miscellany ► Agreements ► Advisory Board Agreements
► Construction ► Agricultural Machinery

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                               INCUBATE THIS! INC.



                            ADVISORY BOARD AGREEMENT



                  ADVISORY BOARD AGREEMENT made as of this 12th day of May, 2000

by and between INCUBATE THIS! INC., a Colorado corporation,  having an office at

265 Sunrise Avenue, Suite 204, Palm Beach,  Florida 33480 (hereinafter  referred

to as "Incubate")  and DR. RON DAISY,  an individual,  with an address at Aharon

Katziz 1/5, Israel (hereinafter referred to as "DAISY").



                              W I T N E S S E T H:



         WHEREAS, Incubate desires to retain DAISY for its advisory board; and



         WHEREAS,  DAISY is willing to serve on the  advisory  board of Incubate

upon the terms and conditions herein set forth;



         NOW,  THEREFORE,  in consideration of the promises and mutual covenants

herein set forth it is agreed as follows:



         1. Retain DAISY as Advisory Board Member. Incubate hereby retains DAISY

to serve  on its  advisory  board  until  removed  by the  Board or until  DAISY

resigns.



         2. Duties.  DAISY shall perform those functions  generally performed by

persons of such title and  position,  shall  attend all meetings of the Advisory

Board and shall  perform any and all  related  duties and shall have any and all

powers as may be prescribed by  resolution of the Advisory  Board,  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. Compensation.   Daisy  shall  receive  nonrefundable compensation of

25,000 shares of the Restricted  Common Stock of the Company upon  completion of

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