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Title: |
Consulting Agreement |
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Entities: |
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Date: |
2000 |
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Preview shows 3KB of 9KB total |
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Price: |
$32 |
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ID: |
#862711 |
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<SEQUENCE>5
<FILENAME>y40622ex99-2.txt
<DESCRIPTION>CONSULTING AGREEMENT
<TEXT>
<PAGE> 1
CONSULTING AGREEMENT
THIS AGREEMENT (the "Agreement"), is made and entered into as of this
31st day of July, 2000, by and between ROBERT PIERCE ("Consultant") and
INFOTOPIA, INC., with offices at 218 Tearall, Raynham, Massachusetts 02767 (the
"Company") (together the "Parties").
WHEREAS, the Parties desire to formalize the terms and conditions under
which Consultant shall provide consulting services to the Company;
NOW, THEREFORE, in consideration of the mutual promises and covenants
herein contained, and other valid consideration, receipt of which is hereby
acknowledged, the Parties agree as follows:
1. Term of Agreement and Renewal.
The Agreement shall remain in effect from the date of execution hereof
through the expiration of a three year period, and may be renewed upon the
mutual consent of the Parties.
2. Nature of Services to be Rendered.
Consultant shall provide the Company with consulting services,
including, but not limited to, website design and development and the
development and execution of Infotopia's Internet strategy.
3. Compensation.
As compensation for his consulting services rendered hereunder, the
Company, simultaneously with the execution of this Agreement, shall issue to the
Consultant six million two hundred thousand (6,200,000) shares of the Company's
common stock (the "Shares"); and
4. Warranties and Representations of the Consultant.
In order to induce the Company to enter into this Agreement, the
Consultant hereby makes the following unconditional warranties and
representations:
(a) Consultant is not now a party to a consulting agreement with any
other corporation or entity involved in a business which is the same as or
similar to the Company's.
(b) Consultant is permitted to provide consulting services to any
corporation or entity engaged in a business identical or similar to the
Company's, provided, however, that the Consultant shall keep confidential all
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