CONSULTING AGREEMENT
This Agreement, by and between Xxxx Xxxxxxxxxxx, Consultant, and Nurescell,
Inc., a Nevada Corporation, Client, will delineate the terms agreed upon between
Consultant and Client whereby Consultant will perform certain duties for and on
behalf of Client over the Term of the agreement as required by Client and to the
satisfaction of the Client.
WHEREAS, Xxxx Xxxxxxxxxxx is presently associated with Nurescell, Inc. as a
member of its Board of Directors, and
WHEREAS, Nurescell, Inc. has expressed a desire and a need to have more of the
time of Xx. Xxxxxxxxxxx than would normally be expected of a member of the Board
of Directors, Nurescell, Inc., has determined that it would be in its best
interest to have Xx. Xxxxxxxxxxx spend whatever portion of this time as is
needed to consult with Nurescell, Inc. on a range of matters concerning the
present and the future of Nurescell, Inc.
THEREFORE, BE IT AGREED
That Xxxx Xxxxxxxxxxx, hereafter known as consultant, together with any
person with whom he may associate himself for the purpose of fulfilling the
requirements of this agreement, agrees to devote that percentage of his full
time as may be required for this purpose. It is anticipated that at the
start, since Nurescell, Inc., hereafter known as Client, is presently in the
start-up phase that the percent of the Consultant's time will be between 25%
to 30%.
It is also agreed that if and when a larger or lesser percent of Consultant's
time is required that an appropriate adjustment of the proposed consulting fee
will be made. It is further agreed that certain adjustments to the monthly
consulting fee may be made as agreed upon between Consultant and Client from
time based on inflation or other appropriate factors.
It is agreed that, given the availability of electronic communications
facilities, Consultant will make the choice of working from his own office or
working in the offices of the client, in laboratories or other locations
appropriate to the work performed by Consultant for the Client.
It is further agreed that the starting fee will be $2000.000 per month plus any
out of pocket expenses such as travel or other expenses related to the carrying
out of this agreement as approved by Client in advance.
EXHIBIT 6.4
Concerning the life of this agreement, it is agreed that this agreement will
continue in effect until terminated by either party hereto giving thirty days
advance notice of termination to the other party in writing or by mutual consent
of both parties hereto, with both parties agreeing in writing to the terms of
the termination.
The effective date of this agreement will be June 26, 1998.
AGREED AGREED
Xxxx Xxxxxxxxxxx Nurescell, Inc.
/s/ Xxxx Xxxxxxxxxxx /s/ Xxxxxx Xxxxxx
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Xxxx Xxxxxxxxxxx By Xxxxxx Xxxxxx, President
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