Exhibit 10.4
CONSULTING AGREEMENT
This Consulting Agreement (the "Agreement") is entered into this 31st day
of October 2001 is by and amongst PHON-NET. COM, INC. (the "Company") and Xxxxx
Xxxxx (The "Consultant").
WHEREAS, Consultant has agreed to serve as the Company's vice president
of operations; and
WHEREAS, the Company desires to retain the Consultant subject to the
terms of this Agreement;
NOW THEREFORE, in consideration of the mutual covenants contained herein
and other good and valuable consideration receipt whereof is hereby acknowledged
it is agreed.
1. The Company hereby engages the Consultant and the Consultant hereby
accepts this engagement to serve as the Company's vice president of operations.
Consultant shall be responsible for managing the various divisions of the
Company. Consultant shall be primarily responsible for hiring decisions and
overseeing the day to day operations of the Company. Consultant will always be
subject to the direction of the Company's president and Board of Directors.
Consultant will be expected to work no less than 35 hours per week.
2. In consideration of the services to be provided, Consultant shall
receive as compensation for services rendered a total of 250,000 shares of the
Company's common stock.
3. The Company will register these shares pursuant to a registration
statement on Form S-8.
4. Except as otherwise provided herein, any notice or other communication
to any party pursuant to or relating to this Agreement and the transactions
provided for herein shall be deemed to have been given or delivered when
deposited in the United States Mail, registered or certified, and with proper
postage and registration or certification fees prepaid, addressed at their
principal place of business or to such other address as may be designated by
either party in writing.
5. This Agreement shall be governed by and interpreted pursuant to the
laws of the state of Florida. By entering into this Agreement, the parties agree
to the jurisdiction of the Alberta courts with venue in Calgary, Alberta. In the
event of any breach of this Agreement, the prevailing party shall be entitled to
recover all costs including reasonable attorney's fees.
6. This Agreement may be executed in any number of counterparts, each of
which when so executed an delivered shall be deemed an original, and it shall
not be necessary, in making proof of this Agreement to produce or account for
more than one counterpart.
IN WITNESS WHEREOF, the parties hereto have subscribed their hands an
seals the day and year first above written.
CONSULTANT: COMPANY:
XXXX-XXX.XXX, INC.
/s/Xxxxx Xxxxx /s/Xxxx Xxxxxxxx
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Xxxxx Xxxxx Xxxx Xxxxxxxx, pres
