THIS FINANCIAL MEDIA AGREEMENT is made effective the 20th day of March, 2001.
BETWEEN:
Xxx Xxxxxxxxxxx for
COMMUNIQUE MEDIA INTERNATIONAL
0000 Xxxxx Xxx
Xxxxxx, Xxxxxxxxxx 00000
(hereinafter called "Communique")
OF THE FIRST PART
AND:
FUTURE CARZ, INC.
0000 Xxxx Xxxxxxxx Xxxxx, Xxxxx 000
Xxxxxxxxxx, Xxxxxxx 00000
OF THE SECOND PART
WHEREAS:
A. FUTURE CARZ, INC. is engaged in the business of operating automotive leasing
operations.
B. By resolution, Xxx Xxxxxxxxxxx was engaged to provide communications
consulting services with respect to the corporate affairs of FUTURE CARZ, INC.
NOW THEREFORE THIS AGREEMENT WITNESSETH that in consideration of the premises
and mutual covenants and agreements herein contained, the parties hereto
covenants and agree each with the other as follows:
ARTICLE I - Duties and Devotion of Time
1.01 Xxx Xxxxxxxxxxx shall provide FUTURE CARZ, INC. with specific
communications and marketing services including:
1) communication support
2) website development and implementation
3) development of a corporate business plan
and shall have the obligation, duties, and power to do all acts and things as
are customarily done by persons holding that position of communications
consultant for corporations of similar size to FUTURE CARZ, INC. and all acts
and duties as are reasonably necessary for the efficient and proper operation
and development of FUTURE CARZ, INC. communications support but, without
limiting the generality of the foregoing, shall include all matters related
directly or indirectly to the general communications of FUTURE CARZ, INC.
ARTICLE II - Remuneration
2.01 Xxx Xxxxxxxxxxx shall provide corporate communications consulting services
to FUTURE CARZ, INC. as set out herein in consideration for which FUTURE CARZ,
INC. shall pay Xxx Xxxxxxxxxxx a sum of
100,000 shares of common stock at signing of this contract 25,000 shares of
common stock upon completion of the company's business plan
This amount reflects work to be carried out on behalf of the company over a
period of twelve months. The work includes communications and marketing
consulting, and the development of a business plan as approved by FUTURE
CARZ, INC.'s management, director or agent.
2.03 In conducting its duties under this agreement, Xxx Xxxxxxxxxxx shall report
to FUTURE CARZ, INC.' appointed directors or agents.
2.04 FUTURE CARZ, INC. agrees that Xxx Xxxxxxxxxxx may have or acquire financial
interests in other companies and properties and agrees that Xxx Xxxxxxxxxxx may
devote reasonable time to such other outside companies and affairs so long as
these duties do not affect Xxx Xxxxxxxxxxx'x ability to perform its duties under
this agreement.
ARTICLE III - Term of Engagement
3.01 The effective date of this agreement is described on page one and the
agreement shall continue for a period of twelve months from such date and is
non-cancelable.
ARTICLE IV - Reimbursement for Expenses
4.01 Xxx Xxxxxxxxxxx shall be reimbursed for all additional out-of-pocket
expenses including printing, photography, film or film separations, custom
artwork or design as requested by the company, video or audio production
materials, couriers, and rush or overtime charges connected with the services
listed above on a pre-approved basis.
ARTICLE V - Termination of Agreement
5.01 This agreement is in force upon signing by both parties and is non-
cancelable for the term.
ARTICLE VI - Indemnity
6.01 FUTURE CARZ, INC. shall indemnify XXX XXXXXXXXXXX, Communique Media
Services and its directors, officers and agents and hold them harmless from any
claims, expenses and damages arising out of this agreement providing all
representation and warranties with respect to the company are based on written
material provided by the Company and signed off, and approved by an appointed
director or agent.
ARTICLE VIII - Entire Agreement
7.01 This Agreement represents the entire agreement between th parties and
supersedes any and all prior agreements and understandings, whether written or
oral, between the parties.
ARTICLE VIII - Applicable Law
8.01 This agreement shall be construed under and governed by the laws of
Washington State.
ARTICLE IX - Enurement
9.01 The provisions of this agreement shall ensure to the benefit of and binding
upon the parties hereto and their respective heirs, executors, administrators,
successors and assigns.
Signed at Xxxxxx this 1st day of September, 2001.
IN WITNESS WHEREOF the parties hereto executed this agreement as of the day and
year first above written.
FUTURE CARZ, INC.
Xxxxxx X. Xxxxxxx
--------------------
Name
/s/ Xxxxxx X. Xxxxxxx
---------------------
Signature
President
---------
Title
XXX XXXXXXXXXXX FOR COMMUNIQUE MEDIA SERVICES
Xxxxxxx Xxxxxxxxxxx
-------------------
Name
/s/ Xxxxxxx Xxxxxxxxxxx
-----------------------
Signature
President
---------
Title
