Exhibit 10.2
(Letterhead of Xxxxxx Montana Partners)
LANDRYmontanapartners xxx xxxxxx
MEMORANDUM
TO: Xxxxxx Xxxxxx, Director
FROM: Xxx Xxxxxx
DATE: April 15, 2001
RE: Consulting Agreement/Options for Optika Investments Company
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Xxxxxx, per our discussion, we have agreed to the following:
1) I will work with the company and recruit for the company the
appropriate Directors and Management team. In addition I will
perform general consulting assignments as called upon.
2) Beginning May 1st 2001, the company will pay me $10,000 per
month for 1 year and pay at cost all my direct expenses on behalf
of the company.
The monies will accrue until two (2) events happen with the company:
1) An acquisition of an operating company into Optika (Direct Digital
for example)
2) $4 million dollars is raised to fund the company.
At that time all monies to date are due.
In addition the company agrees to issue 150,000 options to me at a
strike price not to exceed $1.50. All options will be fully vested and
issues at the time of the first Acquisition.
Please indicate your approval of this Agreement by signing; dating
and keeping a copy and returning by fax a copy to me.
Thanks
Xxx Xxxxxx
Partner
Approved By: /s/ Xxxxxx Xxxxxx
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Date: 4/15/01
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