COMPENSATION AGREEMENT
EXHIBIT
10.1
This Compensation Agreement is dated as
of April 24, 2008 among Grant Life Sciences, Inc. a Nevada corporation (the
“Company”), and Xxxxxxx Xxxxxxxxx (“Consultant”).
WHEREAS,
the Company has requested the Consultant to provide the Company with legal
services in connection with their business, and the Consultant has agreed to
provide the Company with such legal services; and
WHEREAS, the Company wishes to
compensate the Consultant with shares of its common stock for such services
rendered;
NOW THEREFORE, in consideration of the
mutual covenants hereinafter stated, it is agreed as follows:
1.
The Company will issue 7,500,000 shares of the Company’s common stock, par value
$.001 per share, to the Consultant immediately following the filing of a
registration statement on Form S-8 with the Securities and Exchange Commission
registering such shares, as set forth in Section 2 below. The shares to be
issued shall represent consideration for legal services performed by the
Consultant on behalf of the Company.
2.
The above compensation 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.
| XXXXXXX XXXXXXXXX | |
| /s/ Xxxxxxx Xxxxxxxxx | |
|
Xxxxxxx
Xxxxxxxxx
|
|
| XXXXX LIFE SCIENCES, INC. | |
| By: /s/ Hun-Xxx Xxx | |
|
Hun-Xxx
Xxx
|
|
|
President
|
