Exhibit 4.1
CONSULTING SERVICES PLAN OF AGREEMENT
This Agreement ("Agreement") is entered into November 4, 2002, by and
between BENCHMARK TECHNOLOGY CORPORATION, a Nevada corporation
("Corporation"), and XXXXX XXXXXX ("Consultant").
In consideration of the mutual promises of the parties and other good and
valuable consideration, the parties hereby agree:
1. Section Services. Consultant is rendering services for the initial product
sales development area and the dealer network organizational requirements
necessary for the Corporation's planned growth into the new marketplace. This
person will provide bona-fide services to the Company which are not in relation
to the offer or sale of securities in a capital-raising transaction, and
which have not either directly or indirectly promoted or maintained a market
for the Company's securities.
2. Section Compensation. For such services, the Corporation shall compensate
Consultant as follows: Payment of 500,000 shares of common stock to Xxxxx Xxxxxx
registered on Registration Statement on Form S-8 or other appropriate form of
registration under the Securities Act of 1933, as amended.
3. Section Valuation of Securities. The value of the services exchanged for
the issue of the 500,000 shares of securities issued is $20,000. This is
based on the value of the securities issued. The issuer corporation has
determined the value of these securities to be $0.04 per share based upon the
fair value of the company's common stock as quoted on the NASD OTC
Electronic Bulletin Board.
4. Section Relationship of the Parties. The parties intend that the
relationship between them created under this Agreement is that of independent
contractor and not as an employee. The Consultant is personally responsible
for all taxes due to taxing authorities for any and all income recognized by
this transaction.
5. Section Incorporation by Reference. This consulting agreement incorporates
the terms and conditions of prior legal engagement letters setting forth the
responsibilities of the parties.
BENCHMARK TECHNOLOGY CORPORATION
By: Xxxx Xxxx Xxxxxx
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Title: President
Xxxxx Xxxxxx
