Exhibit 10.32
Consulting Agreement
THIS AGREEMENT, made as of June 6, 2002 by and between Xxxxx Xxxxxxx, a Florida
consultant (the "consultant") and Xynergy, Corporation, a Nevada corporation
(the "company")
WHEREAS, the company desires to retain Consultant to render consulting services,
including services relating to strategic planning and development, and internet
and technology solutions.
WHEREAS, Consultant is willing to perform such consulting services on the terms
and conditions herein contained.
NOW, THEREFORE, in consideration of the premises herein and other good and
valuable considerations, the parties agree as follows:
ENGAGEMENT - The Company hereby engages Consultant and Consultant hereby accepts
such engagement as a consultant to render the consulting services set forth
below, as requested by the Company, and in furtherance of the business goals of
the Company.
CONSULTANT DUTIES - Consultant shall, at the request of the Company, provide
business and internet consultation services. Such services shall include, advice
concerning the implementation and monitoring of business and marketing plans, as
related to establishing and/or enhancing the Company's Internet presence, and
advice concerning the Company retaining other professionals. The Consultant may
also render the following services at the request of the Company, and without
additional monetary consideration:
a. Market Analysis- Consultant will assist the Company in researching the
Company's competitors.
b. Strategic Planning and Development - Consultant will assist the Company in
understanding its operational objectives.
TERM - The term of this agreement shall commence on the date hereof and continue
for a period of no less than (30) days.
COMPENSATION - As full compensation for the services to be rendered by
Consultant hereunder, Consultant shall be paid, and the Consultant agrees to
accept, the following in leu of $150,000.00 cash; 1,250,000 shares of the
Company's free trading common stock.
ACTIVITIES - Throughout the term of this agreement, Consultant may provide the
officers, directors, employees or designees of the company with verbal reports
concerning its activities. Consultant will also provide web design services for
various company websites.
THIRD PARTIES - The Company acknowledges that, in connection with its engagement
hereunder, Consultants may introduce the Company to third parties who may
transact business with the Company and/or assist consultant in providing
consulting services to the Company hereunder.
CONFIDENTIAL INFORMATION - Consultant acknowledges that any and all confidential
knowledge or information concerning the Company and its affairs obtained by it,
its principals, employees and/or contractors in the course of its engagement
hereunder will be inviolate by it and that it will conceal the same from any and
all other persons and entities, including, but not limited to, competitors of
the Company and that it will not impart any such knowledge to anyone whosoever
during the term of hereof.
CONSULTANT STATUS - Consultant acknowledges that it is providing services
hereunder as an independent contractor. Accordingly, Consultant agrees that any
taxes associated with the performance of its services hereunder shall be its
sole responsibility. Consultant further agrees that nothing herein shall create
a relationship of partners or joint ventures between Consultant and the Company
and, except as otherwise set forth herein, nothing herein shall be deemed to
authorize Consultant to obligate or bind the Company to any commitment without
the prior written consent of the Company in each instance.
INDEMNIFICATION - The Company shall hold harmless and indemnify Consultant from
and against any and all damages, losses, liabilities, obligations, fees, costs
and expenses, including but not limited to, the payment and advancement of
reasonable attorney's fees, resulting from, or incurred in connection with
claims made against Consultant relating to the performance of its duties
hereunder. The provision of this section shall survive termination of this
agreement.
Consultant Xynergy Corp.
/s/ Xxxxx X Xxxxxxx 6/4/02 /s/ Xxxxxx Xxxxxx 6/4/02
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Xxxxx X Xxxxxxx Date Xxxxxx Xxxxxx Date
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