CONSULTING AGREEMENT
This Consulting Agreement for the exchange of consulting services for fees is by and between Twin Faces East Entertainment Corporation (TFAC), a Nevada Corporation located at 00 Xxxxxx Xxxxx Xxxxx, Xxxxxxxxx, XX. 00000, and Xxxxx Xxxxx of New York City, NY (Xxxxx) of collectively referred to as "The Parties".
WHEREAS, TFAC is a developer of intellectual and entertainment properties, and
WHEREAS, Xxxxx has various connections and networking contacts in the corporate finance business and development business,
NOW, THEREFORE, in consideration of the mutual covenants provided herein, The Parties agree as follows:
Xxxxx shall provide services to TFAC on an as requested basis and in any capacity as requested by TFAC for securing financing for the maintenance of the business,
TFAC shall compensate Xxxxx for these services as follows:
-
Fifty Thousand Dollars ($50,000) in fees payable the earlier of August 1, 2003 or the Company's receipt of funding in the amount of $1 million or greater, and
-
Fifty thousand shares of restricted (rule 144) company stock to be issued in the name of Xxxxx Xxxxx.
The term of this Agreement is for the year 2003 at which time all obligations under this agreement shall cease.
IN WITNESS THEREOF, TFAC has executed this Agreement effective as of the date signed below.
/S/Xxxxxxx Xxxxxxxxx June 30, 2003
Xxxxxxx Xxxxxxxxx, President Date
Twin Faces East Entertainment Corporation
/S/Xxxxx Xxxxx June 30, 2003
Xxxxx Xxxxx, and individual Date
