AMENDMENT TO PUBLIC RELATIONS AGREEMENT
EXHIBIT 10.13
AMENDMENT
TO
THE PUBLIC RELATIONS AGREEMENT,
originally made effective as of the 21st day of October, 2015 by
and between VISUALANT
CORPORATION, a Nevada corporation having its principal place
of business located at 000 Xxxxx Xxxxxx, Xxxxx 000, Xxxxxxx,
Xxxxxxxxxx, 00000-0000 (hereinafter referred to as
(“COMPANY”)
AND
FINANCIAL GENETICS LLC, a Delaware
limited liability company having its principal office located at
000 Xxxxxxxx Xxxxx, Xxxxxx, XX, 00000 (hereinafter referred to as
the “CONSULTANT”) is hereby amended on this
18th day
of October, 2016,
WITNESSETH THAT:
WHEREAS, the COMPANY, required financial
public relations services and has employed CONSULTANT as an
independent contractor consultant to provide such services, and the
parties now desire a written document formalizing the expanded
scope of the relationship and evidencing the terms of their amended
agreement;
AND WHEREAS the scope of the work
performed by CONSULTANT has expanded beyond the initial
contemplation of the parties and now includes advice and counsel on
capital raising, marketing advice, strategic counsel, shareholder
relations and other services as requested by the
COMPANY;
NOW, THEREFORE, intending to be legally
bound and in consideration of the mutual promises and covenants,
the parties have agreed to amend their agreement as
follow:
1. COMPENSATION.
Upon
the acceptance of this amendment agreement, and based upon the
performance of CONSULTANT during the term of this agreement, an
award of TWO HUNDRED THOUSAND SHARES (200,000) of the
COMPANY’S commons stock will be issued to FINANCIAL GENETICS
LLC which shares will be restricted shares subject to Rule 144. The
shares shall be issued monthly (33,333 shares per month) over a
period of six months beginning on the date of the execution of this
agreement.
But for
the modification set forth above, all other elements of the
original agreement between the parties, dated October 21, 2015
remains in force and effect.
1
IN WITNESS WHEREOF, the Parties have
executed this Agreement as of the 18th day of October,
2016.
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The Company
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The Consultant
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Visualant Corporation
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Financial Genetics, LLC
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/s/ Xxx Xxxxxxxx
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/s/ Xxxxx Xxxxxxx
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Xxx Xxxxxxxx, CEO
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Xxxxx Xxxxxxx, President
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