EXHIBIT 10.26
CONTRACT FOR INVESTOR RELATIONS SERVICES
The following agreement is made between
Delta 2005 XX
Xxxxxxxxxxx 0
XX - 0000 Xxx
and
Environmental Solutions Worldwide Inc.
000 Xxxxxx Xxxxxxxx
Xxxxxxx, X0X 0X0
(referred to in the following as the "Company" )
1 OBJECT OF THE AGREEMENT
Delta 2005 AG will provide the Company with Investor Relations ("IR") services
in the German-speaking territory.
2 SCOPE OF IR SERVICE
(1) IR services include the design, organization, and implementation of the
Company's IR in the German-speaking territory (Germany,Austria, and parts of
Switzerland).
(2) Delta 2005 AG shall pursue an active press campaign on behalf of the Company
with the objective of generating a report in German online and offline
publications regarding The Company's stock or company.
(3) Delta 2005 AG shall organize the dissemination of significant press releases
relating to Company. through channels assuring broad exposure in the
German-speaking territory,and provide the company with monthly written reports
outlining as to the progress and activities provided for the company.
(4) Delta 2005 AG in performing its IR services pursuant to this Agreement will
abide by all applicable laws rules and or regulations as applicable within but
not limited to the German-speaking territories and the United States including
the Securities and Exchange Commission.
(5) Delta 2005 AG will under no circumstances disseminate any information
related to the Company without providing said information intended for release
to the Company and it's council for review and written approval. Inclusive in
the review of information intended for dissemination by Delta 2005 AG will be a
description of the channels of intended distribution.
(6) Delta 2005 AG understands that during the course of its services to Company,
that Delta 2005 AG will from time to time may be provided or learn about certain
information about the Company that is non-public ("Confidential Information).
Delta 2005 AG understands that it may not disclose or disseminate this
information without written approval from the Company. Delta 2005 AG further
understands that it may not take a position in Company stock or sell any
securities of Company based upon any Confidential Information .
3 REMUNERATION
(1) Delta 2005 AG shall receive an initial fee for IR service of USD 30,000 and
a monthly payment of USD 4,000.00 for its IR services including all expenses.
The monthly fee shall be due beginning of each month, starting 15th January
2007.
4 SECRECY
Both parties undertake to treat as strictly confidential and not to communicate
to third parties any and all Confidential Information relating to the other
party of which they may gain knowledge in the course of their cooperation, and
which by its nature, description or identification is confidential or not
directly available to third parties. This also applies after the expiration of
this agreement.
5 EXCLUSION OF LIABILITY
The parties agree that Delta 2005 AG accepts no liability with regard to the
correctness or completeness of the information and estimations contained in the
publications. It is understood that Delta cannot bind the Company without
express written authority from the Company.
6 DURATION
This contract shall enter into force immediately. It shall run until 15th April
2007, with the option to extend by one month at a time, unless either party
expressly cancels the contract with a notice of 30 days. Cancellation must be
made in writing. Company may cancel at any time upon thirty (30) days notice,
Delta 2005 AG may only cancel on thirty (30) days notice following the initial
term (April 15th, 2007).
7 GOVERNING LAW
This Agreement is governed by the laws of the Country of Switzerland . In the
event of any dispute regarding this Agreement, the parties consent to the
jurisdiction of Zug within the Country of Switzerland.
Zug, dated Concord, dated
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Delta 2005 AG Environmental Solutions WorldWide Inc.
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