CONSULTING AGREEMENT
This Compensation Agreement is dated as
of January 8, 2009 between Green Planet Bioengineering Co. Limited, a Delaware
corporation (the “Company”), and Xxxxxx X. Xxxxxx, Esq. (the
“Consultant”).
WHEREAS, the Company has requested the
Consultant to provide the Company with certain SEC related legal services in
connection with their business on a fixed fee basis (the “Services”), and the
Consultant has agreed to provide the Company with the Services; and
WHEREAS, the Company wishes to
compensate the Consultant with shares of its common stock for such services
rendered in satisfaction of the monthly fixed fee;
NOW THEREFORE, in consideration of the
mutual covenants hereinafter stated, it is agreed as follows:
1. The
Company will register 37,500 shares of the Company’s common stock, par value
$.001 per share, and issue the shares to the Consultant and register such shares
pursuant to a Registration Statement on Form S-8, as set forth in Section 2
below. The shares issued to the Consultant represent consideration for the
Services by the Consultant on behalf of the Company
2. Shares
to be issued hereunder shall be registered using a Form S-8. The
Company shall file such Form S-8 with the Securities and Exchange Commission
within five business days of the execution of this agreement.
IN
WITNESS WHEREOF, this Compensation Agreement has been executed by the Parties as
of the date first above written.
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CONSULTANT
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/s/ Xxxxxx X. Xxxxxx
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Xxxxxx
X. Xxxxxx
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The
Company:
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GREEN
PLANET BIOENGINEERING CO. LIMITED
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By:
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/s/ Xxx Xxxx
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Xxx
Xxxx
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Chief
Executive officer
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