MARKETING CONSULTING AGREEMENT
1. Telephone Connections Network (TCN) agrees to provide certain
consulting service to DAC Technologies of America, Inc. ("DAC") .
Inasmuch as TNC possesses certain knowledge and expertise as a
marketing consultant and management consultant and sales consultant and
is willing to share said knowledge and expertise with DAC and DAC is in
need of said consulting services and is willing to pay TNC for
providing said services, TNC and DAC hereby enter into this marketing
consulting agreement.
2. The effective date of this agreement is March 1, 1995 and will continue
in effect for five years.
3. The address of TNC for purposes of this Agreement is:
0000 X. Xxxxxxx Xxxxxxx, Xxxxx 000
Xxxx Xxxxxxxxxx, XX 00000
4. The address of DAC for purpose of this Agreement is:
0000 X. 00 Xxxxxx, Xxxxx X
Xxxxxx Xxxx, XX 00000
5. TNC shall provide specific consulting services as DAC and TNC shall
from time to time determine.
6. TNC shall xxxx DAC for its services at a fee as from time to time may
be agreed upon by DAC and all fees shall be payable by the 15th of each
month following the month in which the services were rendered. The
monthly fee is estimated to be $10,000.
7. This agreement may be cancelled by either party subject to a 30 day
written notice.
8. Both parties agree that in the event of a dispute, the laws of the
State of Florida shall be binding.
9. In the event of a dispute, both parties agree to submit to binding
arbitration.
/s/ X. Xxxxxxx March 1, 1995
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DAC Technologies of America, Inc. Date
/s/ Xxxxx Xxxxx March 1, 1995
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Telephone Connections Network, Inc. Date
by Xxxxx Xxxxx
