FAMOUS UNCLE ALS HOT DOGS & GRILLE, INC. FDOG CONSULTING AGREEMENT
FAMOUS UNCLE ALS HOT DOGS & GRILLE, INC.
FDOG
This Consulting Agreement is made and entered into this 7th day of December 2007, by and between C.C.R.I. Corporation, a StateplaceColorado corporation (“Consultant”), and FAMOUS UNCLE ALS HOT DOGS AND GRILLE, INC. (FDOG, the Company).
It is agreed as follows:
1. Consultant Services. Consultant hereby agrees to perform and provide investor
relations and development services for the Company until December 7, 2009. Consultant will perform the Services with the assistance and full participation of Xx. Xxxxxxx XxXxxxx and his associates. The services will include, but not be limited to, the following:
(a) Preparation of a Corporate Research Report, suitable for use with brokers and investors (research, write, design, print and distribute).
(b) Interface with the investment community on behalf of the Company, and work
to generate investor interest in the Company in this setting.
(c) Assist the Company by interfacing with other professionals employed by
FDOG.
(d) Prepare and distribute in accordance with applicable laws, rules and
regulation, FAX pieces designed specifically to encourage interest in the Company (utilizing C.C.R.I.’s broker and investor FAX NETWORK).A similar e-mail distribution is sent to both our Domestic and International network. FaxNet goes out each Monday morning.
(e) Enlist additional Quality brokerage houses to follow the Company’s stock.
(f) Introduce Company personnel to key persons in the investment community
and to C.C.#.I.%s network of both retail and institutional brokers, financial planners, money managers, analysts, and investors. This will include due diligence meetings in select cities, at FDOG’s request.
(g) Develop a database of key brokers that can be educated on behalf of the
Company and its stock, and seek to enhance the interest of these brokers in the Company.
(h) Assist, when requested, in the preparation of presentations to broker and
investor groups.
(i) Provide quality Internet exposure via C.C.R.I.’s Web Site.
2. Payment. Subject to the provisions of the Agreement, the Company shall pay
Consultant the following as full compensation for the Services for the term hereof:
(a) Warrant Compensation. Consultant shall receive payment of 200,000 warrants
to purchase FDOG common stock at a price of forty cents ($.40) per share. Said warrants shall have a 7 year life and “piggyback” registration rights upon the first available registration.
3. Project Expenses. The Company shall pay Consultant project fees for special
promotional events and materials, such fees to be approved in advance in writing by an officer of the Company, and to be payable upon submission by Consultant to the Company of itemized statements accounting for such expenses. In certain circumstances, the Company will prepay the Consultant’s airfare or hotel costs directly as agreed to in writing and in advance by the Consultant and an officer of the Company. All projects to be approved in writing and in advance by an officer of the Company and associated expenses need to be approved in writing
and in advance by an officer of the Company.
4. Prior Approval of Published Materials. Consultant shall provide the Company for its review and comment copies of any tangible communications, whether written or recorded on audio, video or film media, which Consultant may give to any person in providing the Services. Consultant shall provide such copies to the Company a minimum of two (2) business days prior to Consultant’s first proposed use of such material, or more than five (5) business days prior if
necessary, to provide the Company the opportunity to make any revisions it deems appropriate and necessary to such materials. Consultant shall not use materials without the written consent of an officer of the Company in performing the Services and may not use any materials which contain any statement which is false or misleading, and it shall include in all such materials all
information necessary to make the statements contained therein not misleading; provided that Consultant shall not be responsible for the accuracy or completeness of information furnished to it in writing by the Company.
5. Nondisclosure of Confidential or Insider Information.
(a) In the course of performance of Consultant’s duties, Consultant may receive
information, which is considered material inside information within the meaning and intent of the placeplaceUnited States federal securities law, rules and regulations. Consultant will not disclose this information to others, except as expressly authorized by the Company and will not use this information directly or indirectly for the benefit of Consultant or as a basis for advice to any
other party concerning any decision to buy, sell, or otherwise deal in the Company’s securities or those of any of its affiliated companies.
(b) The provisions of this Section 6 shall survive the termination or expiration of this agreement.
6. Scope of Engagement. Consultant shall retain the legal status of an independent contractor. In no event shall Consultant be or be deemed to be an employee or agent of the Company, or to qualify for benefits afforded such persons as Company employees. Consultant has no power or authority to act for, represent or bind the Company.
7. Headings. The headings used in the Agreement are for the convenience of the
parties only and shall not in any way limit or affect the meaning or interpretation of any of the terms hereof.
8. Entire Agreement. This Agreement constitutes the entire agreement between the
parties with respect to the subject matter embraced hereunder and except as expressly incorporated herein, supersedes all prior agreements, promises, proposals, representation, understanding and negotiations, whether written or oral, between the parties. No modifications,
amendments, supplements to or waivers of the Agreement or any of the terms or conditions hereof shall be binding upon the parties or of any effect unless made in writing and duly signed by both parties. In the event of any conflict between the Agreement and any Warrant Agreement entered into by and between the parties, this Agreement shall control.
9. Governing Law. This Agreement shall be governed by, and construed in
accordance with, the laws of the State of placeplaceConnecticut.
Accepted by:
C.C.R.I. Corporation
FAMOUS UNCLE ALS HOT DOGS & GRILLE, INC.
By: ___________________________ By: _____________________________
Xxxxxxx XxXxxxx
Xxxx Xxxxxxxx CEO
Date: _________________________ Date: _________________________