Common use of Contract of Services Clause in Contracts

Contract of Services. (a) The Company hereby retains and appoints Interim Consultant effective as of the date hereof to act as consultant for the Company with respect to the commercial exploitation of domain names owned by the Company (the “Project”) reporting to the President and Chief Operating Officer of the Company, Xxxxxxxx Xxxxxxx (the “COO”), and Interim Consultant hereby accepts such retainer and appointment and agrees to perform his services as provided herein. (b) Forthwith following the execution and delivery of this Interim Consulting Agreement, the COO and Interim Consultant shall agree on the goals and objectives with respect to the Project. (c) Interim Consultant shall perform his services on a full-time basis during the Term specified in Section 2 below. (d) Interim Consultant shall faithfully and diligently perform his services hereunder to the best of his ability and in the best interests of the Company and will not knowingly do any act or thing which may tend to injure or adversely affect the reputation of the Company or its business in any of its phases.