Exhibit 10.6
Contract for Promotional Services
1.1 This agreement dated August 5, 2003 is by and between Xxxxxx X. Xxx and SLS
International, Inc. ("The Client").
2. TERMS
2.1 "Initial terms" the initial terms of this agreement will take effect on
August 5, 2003 (The "Launch Date") and will terminate on August 31, 2003.
3. PRODUCTS AND SERVICES
3.1 Assist SLS International, Inc. to: Disseminate information to its
obligations under the Exchange Act in compliance with the restrictions on
dissemination of material inside information contained in proposed Regulation
FD, current sections 20 and 21A thereof, and in compliance with the requirements
of Section 17(b) of the Securities Act.
3.2 Assist in promotional and consulting services for SLS International, Inc.,
subject to full compliance with the requirements of 17(b) of the Securities Act.
4. LIABILITY
4.1 Client understands that Xxxxxx X. Xxx makes no warrants on result of clients
said products.
4.2 Client relieves Xxxxxx X. Xxx from any losses; damages, monetary or
otherwise that may occur due to the content of news articles prepared by or on
the behalf of the company.
5. CLIENT OBLIGATIONS
5.1 "Development Assistance" Client shall provide Xxxxxx X. Xxx with reliable
corporate information and contracts regarding client's business and client's
stock in order to facilitate Xxxxxx X. Xxx'x obligations hereunder.
5.2 Client shall provide information that is legally allowable under all SEC and
other government law in regards to statements made.
Page 2.
6. RECOMMENDATIONS
6.1 Client understands Xxxxxx X. Xxx is not a broker dealer or registered
invesment advisor and is not acting any way to make recommendations to the
pruchase or sale of any security.
6.2 Xxxxxx X. Xxx will recommend that any person considering trading or
investing is said security do so only after speaking with a stockbroker or
registered financial advisor.
6.3 Xxxxxx X. Xxx agrees that none of its officers, directors, principal,
affiliates, or sub-contractors have been convicted of any local, state, or
federal offenses of a securities nature or any felony conviction or are
currently or have been subject of any regulatory investigation, where actions or
charges have been brought, except as disclosed in writing to the company.
6.4 Both Xxxxxx X. Xxx and the company agree that all amendments and
modifications to the agreement shall be done in writing (email, fax, or via
postal mail) and no oral amendments shall be binding upon either Xxxxxx X. Xxx
or SLS International, Inc.
7. FEES
7.1 Fees for services will be $85,000.00 U.S. Dollars to be paid in advance by
SLS International, Inc., for the month of August 2003.
7.2 Payment will be wired directly to the account specified by Xxxxxx X. Xxx.
7.3 Client understands that fees are non-refundable and binding upon signature.
By signing this agreement you are acknowledging that you have read and agree to
all the terms and conditions above.
Company Name SLS International, Inc.
Ticker Symbol: SITI
SLS International, Inc.
x/s/ Xxxx X. Xxxx 8-5-2003
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Signature Representing SLS International, Inc.
/s/ Xxxxxx X. Xxx 8-5-2003
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Signature: Xxxxxx X. Xxx
This contract supercedes the previous contract dated 7/14/03 and nulifies the
final payment of the previous contract.
